Global Insurance Business Process Outsourcing (BPO) Market 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection.
The outsourcing of complex processes such as actuarial analysis and underwriting and analytics support has increased in recent years and is expected to increase further during the forecast period. There has been a significant increase in the demand for outsourcing underwriting and analytics support activities in the Insurance market.
The Report recognizes the following companies as the key players in the Global Insurance Business Process Outsourcing (BPO) Market: EXL Services Holdings Inc., Genpact Ltd., Tata Consultancy Services Ltd. and WNS Holdings Ltd.
Other Prominent Vendors in the market are: Accenture, Capita, Cognizant, CSC, Dell, HCL, iGate, Infosys, MphasiS, Serco, Sutherland Global Services, Syntel, Tech Mahindra, Wipro, Xchanging and Xerox.
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According to the report, one of the major factors driving the growth of the Global Insurance BPO Market is the cost-effectiveness of outsourcing certain operations of capital markets. Many client firms are outsourcing their back-office functions that require a stable infrastructure, capital investment, and human resources; thus, enabling them to improve their operational efficiency and cut costs through labor arbitrage.
Further, the report states that data security is one of the major challenges faced by the market. The confidential nature of the Insurance market data makes it a risky affair, and extra measures need to be taken to ensure data confidentiality.
Table of Contents• Executive Summary
• List of Abbreviations
• Scope of the Report
• Market Research Methodology
• Market Landscape
• Market Segmentation by Service
• Geographical Segmentation
• Key Leading Countries
• Buying Criteria
• Market Growth Drivers
• Drivers and their Impact
• Market Challenges
• Impact of Drivers and Challenges
• Market Trends
• Trends and their Impact
• Vendor Landscape
• Key Vendor Analysis
• Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Insurance BPO Market Overview
Exhibit 3: Global Insurance BPO Market, 2013-2018 (US$ billion)
Exhibit 4: Global Insurance BPO Market Segmentation by Service, 2013
Exhibit 5: Global Insurance BPO Market Segmentation by Service, 2013 and 2018
Exhibit 6: Global Insurance BPO Market by Property and Casualty Service, 2013-2018 (US$ billion)
Exhibit 7: Global Insurance BPO Market by Life and Pension Service, 2013-2018 (US$ billion)
Exhibit 8: Global Insurance BPO Market Segmentation by Region, 2013
Exhibit 9: Global Insurance BPO Market Segmentation by Region, 2013 and 2018
Exhibit 10: Insurance BPO Market in the EMEA Region, 2013-2018 (US$ billion)
Exhibit 11: Insurance BPO Market in the Americas Region, 2013-2018 (US$ billion)
Exhibit 12: Insurance BPO Market in the APAC Region, 2013-2018 (US$ billion)
Exhibit 13: Global Insurance BPO Market Segmentation by Vendors, 2013
Exhibit 14: Business Segmentation of Accenture
Exhibit 15: Business Segmentation of CSC
Exhibit 16: Business Segmentation of Cognizant
Exhibit 17: Business Segmentation of HCL
Exhibit 18: Business Segmentation of Infosys
Exhibit 19: Business Segmentation of Syntel
Exhibit 20: Business Segmentation of Wipro