Market Report, "Global Insurance Business Process Outsourcing (BPO) Market 2014-2018", published

From: Fast Market Research, Inc.
Published: Tue Sep 30 2014

Insurance BPO is a sub-segment of the Banking, Financial Services, and Insurance (BFSI) BPO segment. BPO service providers support some of the leading financial institutions and custodians in the world. The value chain of the Insurance industry comprises of product development, marketing, administration, asset management, and claims management. Insurance BPO is a segment of outsourcing, which consists of subcontracting the business processes of an organization to a third-party vendor that has expertise in the insurance domain. It can be defined as delegating one or more business activities to external companies (vendors), which, in turn, administer and manage the selected activity, based on defined and measurable performance criteria. It helps clients increase operational efficiency, concentrate on their core competencies, reduce time-to-market, obtain access to fresh talent and experience along with latest technologies, and build an organization with an economical cost structure.

Full Report Details at

TechNavio's analysts forecast the Global Insurance BPO market to grow at a CAGR of 5.19 percent over the period 2013-2018.

Covered in this Report

The Global Insurance BPO market can be segmented on the basis of BPO services into the following: Property and Casualty and Life and Pension. The report also discusses in detail the market spending across these two segments and key geographical regions in the market.

TechNavio's report, the Global Insurance BPO Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also covers the Global Insurance BPO market landscape and its growth prospects in the coming years and also includes a discussion of the key vendors operating in this market.

Key Regions

* Americas

Key Vendors

* EXL Services Holdings
* Genpact
* WNS Holdings

Other Prominent Vendors

* Accenture
* Capita
* Cognizant
* Computer Sciences
* Dell
* iGate
* Infosys
* MphasiS
* Serco Group
* Sutherland Global Services
* Syntel
* Tech Mahindra
* Wipro
* Xchanging
* Xerox

Market Driver

* Cost Effective Operations
* For a full, detailed list, view our report

Market Challenge

* Data Security
* For a full, detailed list, view our report

Market Trend

* Outsourcing of Complex Processes
* For a full, detailed list, view our report

Key Questions Answered in this Report

* What will the market size be in 2018 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Life Insurance in the UK, Key Trends and Opportunities to 2018
- Life Insurance in Germany, Key Trends and Opportunities to 2018
- Life Insurance in France, Key Trends and Opportunities to 2018
- Life Insurance in Japan, Key Trends and Opportunities to 2017
- Non-Life Insurance in France, Key Trends and Opportunities to 2018

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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