NEW YORK -- Technology has become critically important to how insurers manage risk, share information with producers and support Internet sales and customer service, a panel of carrier CEOs said June 16 at Standard & Poor's 20th annual insurance seminar in New York City.

Speaking to more than 480 attendees, the CEOs of MetLife, St. Paul Travelers, New York Life and Liberty Mutual agreed that technology is vitally important to how they measure risk, analyze data and support distribution through agents and online.

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