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Global Insurance Technology Business Update: Mid-Year 2007 (Executive Presentation)Product Type: Market Research ReportPublished by: Datamonitor Published: October 2007 Product Code: R313-26938 Description Introduction
The insurance industry continues to outperform expectations although headwinds remain. Meanwhile, outsourcing is increasingly viewed as a driver of cost reduction and process efficiency in the competitive global insurance industry. This report examines recent trends in global outsourcing in the insurance industry, as measured by Datamonitor's latest primary research. Scope International trends in insurance business performance and technology spending trends. Recent trends in insurance outsourcing Technology scope covers Asia-Pacific, Europe and North America Highlights Outsourcing (BPO and offshore) slightly more important in Asia Pacific, where de novo operations or "near-shoring" opportunities are more prevalent BPO activity increasing, as 52% of firms outsource at least one process, compared to 47% in 2006 and 41% in 2005 surveys. Closed book policy administration remains key target for outsourcing/TPA due to low risk Reasons to Purchase Business updates, delivered in a concise presentation format, enable our clients to access and share the content of our ongoing research programs quickly and efficiently. Business updates provide ongoing contextual support to Datamonitor's research and cover many of the issues important to clients as they plan and prepare communication efforts or go-to-market strategy. As a client of an SPP we offer you a conference call to discuss the content of each quarterly briefing. Please Note: This product is delivered as a PowerPoint Presenation. Table of Contents
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