Managing IT Skills Portfolios And Enterprise Architecture In A Changing Environment
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This report, which is based on a recent survey of 88 insurer CIOs, looks at coming changes in insurers’ technology environments and their self-assessment of their own skills portfolios relative to these changes. It also looks at the current and future role of enterprise architecture in a time of rapid change.
The report finds that insurers are moving towards more agile environments and embracing modern application architectures. This is creating challenges in maintaining appropriate skills portfolios, which can be addressed through a combination of sourcing, hiring, and staff development. In this time of rapid change, a strong enterprise architecture function can create significant value through improving efficiency and data accessibility. Most insurers need to continue to invest in improving their enterprise architecture functions in order to ensure these benefits.