Report Summary:

The role of the Insurer CIO is quite complex, requiring close attention to a very broad range of responsibilities. Certainly, evolving the technology, delivering strategic initiatives, and controlling IT costs are crucial. But as a vital company executive, it is equally important for the CIO to contribute to business decision making, innovation, and business strategy discussions.

Balancing all of these responsibilities is the overall theme of this report. While the CIO is primarily accountable for technology oversight, they must always remember that they are business executives and need to actively contribute to the organization’s business strategy.

This report draws on years of practical experience, conversations with other Insurer/Divisional CIOs, and published success stories.

CONTENTS

Introduction …2
The Essential Elements…3
Conclusions …8
About Novarica …9