IT Governance in Insurance: Expansion and Key Issues

Report Summary

IT Governance in Insurance: Expansion and Key Issues

Eric Weisburg
Senior Principal

March 2019 - The importance of IT governance for insurers is growing. Old practices need updating as they expand Agile development and cloud adoption, implement DevOps, and drive IT organizations to greater efficiency. Increasing investment in digital and data initiatives also pose a challenge to traditional forms of IT governance.

Modern IT governance processes optimize IT resource allocation for this new environment. Successful IT governance focuses on high levels of collaboration via strong communication programs that align IT and business with corporate strategic objectives, rather than focusing primarily on process control and budgeting.

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