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The global economy has been digitalizing quickly over the past few years, driving the use of technology at every step of organizations’ value chains. Accelerated cloud adoption, increasing use of as-a-service business models, and rapid digitalization…
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Provider Compendium May 26, 2022
Property and Casualty (P&C) Insurance BPS – Service Provider Compendium 2022
The Property and Casualty (P&C) Insurance BPS market experienced one of its highest growth rates in 2021, as the industry recovered from COVID-19 and volumes reached pre-pandemic levels. Factors such as increased cost pressures for insurance… -
May 19, 2022
Somya Bhadola
Practice DirectorCyber Insurance Market: Carriers Navigating through a Changing Risk Landscape
With increased cyber attacks and data breaches post-pandemic, cyber insurance to protect against the rising digital threats is growing in demand. Cyber insurers can benefit by partnering with service providers to seize opportunities for growth and… -
April 22, 2022
Somya Bhadola
Practice DirectorResilience and Stability in the Workers’ Compensation Industry – This is the Right Time for Claims Transformation to Secure Future Growth
As the workers’ compensation industry emerges from the pandemic, leveraging digital technologies to transform claims handling and taking a customer-centric approach will help carriers maintain profitability. By using automation, analytics, and digitalization, players can differentiate themselves.… -
PEAK Matrix® April 08, 2022
Property and Casualty (P&C) Insurance BPS – Service Provider Landscape with Services PEAK Matrix® Assessment 2022
With the Property & Casualty (P&C) insurance industry emerging from the global pandemic and volumes reaching pre-COVID-19 levels, the P&C insurance Business Process Service (BPS) market achieved one of its highest growth rates in 2021. Factors… -
Provider Compendium Feb. 18, 2022
Customer Experience Management (CXM) in APAC – Service Provider Compendium 2022
Customer Experience Management (CXM) in APAC – Service Provider Compendium features accurate, comprehensive, and fact-based snapshots of 10 CXM service providers in APAC, including their scale of operations, digital solutions, and delivery locations, along with Everest… -
Provider Compendium Dec. 21, 2021
Somya Bhadola
Practice Director
Akanksha Sohil
Senior Analyst
Moulee Datta
Senior Analyst
Yash Chaudhury
AnalystLife and Pensions (L&P) Insurance BPS / TPA Service Provider Compendium 2022
COVID-19 adversely impacted the Life and Pensions (L&P) insurance industry’s operations and business. Considering that it is a heavily regulated industry, transitioning operations to a virtual environment seemed to be a tall order. Insurers’ continued reliance… -
Viewpoint Dec. 17, 2021
Supplier Management Toolkit: Risk Management in Outsourcing
Risk management is a vital component of supplier management and is in the spotlight today amid the evident failure of certain large corporations to build adequate resilience in their operating models. Organizations realize that they can… -
PEAK Matrix® Dec. 08, 2021
Somya Bhadola
Practice Director
Akanksha Sohil
Senior Analyst
Moulee Datta
Senior Analyst
Yash Chaudhury
AnalystLife and Pensions (L&P) Insurance BPS/TPA – Service Provider Landscape with PEAK Matrix® Assessment 2022
The pandemic adversely impacted the operations and business of the Life and Pensions (L&P) insurance industry. Considering that it is a heavily regulated industry, transitioning operations to a virtual environment seemed to be a tall order.… -
PEAK Matrix® Dec. 03, 2021
Customer Experience Management (CXM) in APAC – PEAK Matrix® Assessment with Service Provider Landscape 2021
The Customer Experience Management (CXM) market in APAC has grown steadily in the last few years due to the increased demand for outsourcing, as enterprises aspire to leverage digital solutions, balance risks, and grow their businesses,… -
Thematic Report Nov. 09, 2021
Riding Next Wave of Growth: Evolving Third-party UK and Ireland BPS Landscape
The UK and Ireland (UKI) economic landscape has been disrupted by the double headwinds of Brexit and the COVID-19 pandemic in the last 12-18 months. This has had a bearing on the strategic outlook and operating… -
Viewpoint Oct. 08, 2021
Finance: a Cornerstone of Enterprise Environmental, Social, and Governance (ESG) Strategy
COVID-19 has compelled organizations to take a hard look at their business models and associated societal license to operate. Organizations recognize that they cannot go about their businesses in isolation from their people, society, and environment.… -
Viewpoint July 07, 2021
Deconstructing Digital Transformation Strategies in Insurance
The insurance industry is embracing transformation to keep pace with the ongoing digital disruption across global markets and economies. A combination of factors – including changing consumer demography, new demand patterns, new market entrants, profitability concerns,… -
Provider Compendium June 28, 2021
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystProperty and Casualty (P&C) Insurance BPS – Service Provider Compendium 2021
Looming uncertainties accompanying the global pandemic, compounded by fewer claims generated across select LOBs, meant that the Property and Casualty (P&C) insurance BPS market was unable to maintain its double-digit growth streak in 2020. Meanwhile, below-optimal… -
PEAK Matrix® June 03, 2021
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystProperty and Casualty (P&C) Insurance BPS – Service Provider Landscape with Services PEAK Matrix® Assessment 2021
With uncertainties accompanying the COVID-19 pandemic, along with fewer claims generated across select LOBs, the Property and Casualty (P&C) insurance BPS market was unable to maintain its double-digit growth streak in 2020. Below-optimal digital adoption in… -
State of the Market May 18, 2021
Somya Bhadola
Practice Director
Moulee Datta
Senior AnalystLife and Pensions (L&P) Insurance BPS State of the Market Report 2021: Insurers’ Complex Journeys to Simplification
COVID-19 significantly disrupted L&P insurers’ manual and paper-based operations and compelled them to transform their operations. With most businesses starting to return to normalcy in 2021, insurers are accelerating their digital transformation to improve operational resiliency,… -
Viewpoint Feb. 19, 2021
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystAI-powered Insurance Solutions: Content Extraction
Insurers deal with a large number of documents in varied formats in their day-to-day operations. The traditional content extraction process has numerous manual touchpoints that make the workstream inefficient owing to frequent human error and associated… -
Provider Compendium Dec. 17, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystProperty and Casualty (P&C) Insurance Third-Party Administrator (TPA) Services Compendium 2021
Property & Casualty (P&C) Insurance Third-party Administrator Services Compendium 2021 provides accurate, comprehensive, and fact-based snapshots of 11 P&C insurance TPA service providers. It offers a detailed profile of each TPA service provider – with a… -
Provider Compendium Nov. 20, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystLife and Pensions (L&P) Insurance BPS – Service Provider Compendium 2021
Life and Pensions (L&P) Insurance BPS – Service Provider Compendium 2021 provides accurate, comprehensive, and fact-based snapshots of 13 L&P insurance BP service providers. It offers a detailed profile of each provider – with a comprehensive… -
PEAK Matrix® Sep. 29, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystLife and Pensions (L&P) Insurance BPO – Service Provider Landscape with PEAK Matrix® Assessment 2020
The challenges for Life and Pensions (L&P) insurers, which struggle with a legacy environment, magnified when the outbreak of COVID-19 necessitated new operating models. Insurers looked at their service partners to ensure touchless and flexible operations.…
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