Selective outsouring is the best way of promoting company growth according to IT managers in the insurance sector.

The latest Pressure Point Index (PPI) has revealed that over 70% of the sector's I ...

Selective outsouring is the best way of promoting company growth according to IT managers in the insurance sector.

The latest Pressure Point Index (PPI) has revealed that over 70% of the sector's IT managers would like to outsource IT functions.

The survey highlights a major shift in attitudes in the sector. Last year's survey found that 36% of managers viewed outsourcing as a threat.

Synstar director of strategy Russell Flower said: "The change in insurance sector IT managers' attitudes reflects an increasing maturity over the way that European companies are beginning to utilise their own IT resources - strategically rather than operationally."

58% of IT managers say they now approach the board with strategic advice, while just over a third are now approached by the board for advice.

The sea-change is accounted for by an increaing willingness by IT managers to spend less time trouble-shooting and more time delivering staratgy.

Flower added: "IT managers in the insurance sector know that they can get the balance between strategy and operations right by outsourcing selected operational tasks to third party specialists."