Like Matt, I am speaking at and attending the summit, and one thing in particular has struck me: optimism. Not unbridled, 2006-type optimism, but more a sense of purpose, a sense of normal budget growth, and acceptance of the relatively recent responsibility place on IT to help drive growth back into the industry. It has come more in the form of nodding heads as we show the latest trends from our surveys that indicate a rapid thawing of L/H/A IT budgets and their renewed interest in core systems, or in the enthusiastic questions about core systems replacement.
It’s a subtle change, but an encouraging one. As our growing survey data set shows, this change is no fluke–I think 2010 is going to be a big year for insurance IT!