Is outsourcing the answer to insurance industry concerns?

I blogged last month about how the insurance industry is leading the pack in terms of signing UK outsourcing agreements.

The expectation is that there will be lots of mergers and acquisitions and they are sliming down in an effort to avoid shareholders voting to sell.

Today I wrote a news article about some research in the insurance sector. It states that mergers and acquisitions as well as meeting regulations are the major concerns of insurance professionals.

It also says there are concerns over improving IT systems.

So below is a pie chart of  all the major concerns, but where does outsourcing fit into this?