IT operations, talent availability, and budgeting are insurance CIO’s largest forecasted problems in 2016. Luckily, the solution may lie in outsourcing, according to a new study published by tech strategy-research firm Novarica.

The report, “IT Outsourcing Update: 2016 Plans”, details carrier’s deployment strategies in infrastructure, application development and maintenance (ADM) and blended staffing for the upcoming year. Survey responses from 104 CIOs revealed smaller P&C and life insurance companies are expected to adopt a greater number of outsourcing services in 2016 than their larger competitors.

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