Life insurers seeking to improve efficiency, reduce expenses and improve overall services may want to reconsider their tech strategies. So say senior life insurance executives interviewed by LOMA's Resource magazine. LOMA, an industry group of 1,200-plus companies, interviewed key decision-makers from a cross-section of insurance industry organizations for its “2011 Life Insurance Industry Forecast.”

Survey respondents reported that they expect the economy to improve in 2011, but slowly. The implication is that recovery provides an opportunity to take a new look at business and technology strategies.

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