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Viewpoint Sep. 25, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystImplementing a Digitally Integrated Operations Model
Digital transformation continues to be a key agenda for enterprises across industries, as they work to gain superior efficiencies and provide a differentiated customer experience. However, at times, these efforts remain siloed, largely restricted to specific… -
Provider Compendium Sep. 18, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystInsurance Analytics and Insights (A&I) Third-party – Service Provider Compendium 2020
The Insurance Analytics & Insights (A&I) – Service Provider Compendium provides accurate, comprehensive, and fact-based snapshots of 11 insurance A&I service providers. The research presents the providers’ scale of operations, technology solutions, and delivery locations, along… -
PEAK Matrix® June 30, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystInsurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® Assessment 2020
In recent times, insurance Analytics & Insights (A&I) has emerged as a fast-growing, high-potential market. Insurance enterprises are looking beyond traditional data management services to focus on customer experience. To tap into the dynamically changing consumer… -
State of the Market June 22, 2020
Somya Bhadola
Practice Director
Harsh Kapoor
Assistant ManagerProperty & Casualty (P&C) Insurance BPS State of the Market Report 2020: Deconstructing the Present and Expected Future of Sourcing Strategies
In 2019, when leading economies were experiencing difficulties – the US involved in a trade war with China and the UK facing uncertainty over Brexit – P&C insurers had not yet felt the burden on their… -
Provider Compendium May 21, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystProperty and Casualty (P&C) Insurance BPO – Service Provider Compendium 2020
The P&C Insurance BPO – Service Provider Compendium provides accurate, comprehensive, and fact-based snapshots of 10 P&C insurance BPO service providers. The report enables current and potential buyers of P&C insurance services to assess providers on… -
Thematic Report April 03, 2020
Somya Bhadola
Practice DirectorThird Party Administrator (TPA) State of the Market Report 2020: Industry Facing an Urgent Mandate to Transform
Third-party Administrators (TPAs) have always been closely involved with the insurance industry due to the pseudo-insurer role they play across the value chain and for almost all product lines. Now, with winds of transformation sweeping across… -
PEAK Matrix® March 30, 2020
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystProperty and Casualty (P&C) Insurance BPO – Service Provider Landscape with Services PEAK Matrix® Assessment 2020
The Property and Casualty (P&C) insurance market has shown strong growth over the past year despite dynamic changes in the global economy. The market is shaped by factors such as evolving risks, changing compliance and audit… -
State of the Market Jan. 24, 2020
Akanksha Sohil
Senior Analyst
Somya Bhadola
Practice DirectorLife and Pensions (L&P) Insurance BPO Annual Report 2020: Escape Legacy and Embrace Digital through BPaaS
With CXOs acknowledging the need to move away from traditionally siloed, inefficient, complex, and non-customer-centric business models, the Life and Pensions (L&P) insurance industry is undoubtedly on a progressive journey. L&P insurers are increasing their budgets… -
The global insurance industry is undergoing operating model transformation through investments in digital innovation, operational optimization, and technology & talent modernization. One of the key objectives that insurers are targeting with such investments is ensuring competitive…
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Provider Compendium Dec. 17, 2019
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystLife and Pensions (L&P) Insurance BPO – Service Provider Compendium 2019
This report provides accurate, comprehensive, and fact-based snapshots of 11 major L&P insurance BPO service providers. Each five-page service provider profile presents a comprehensive picture of that provider’s service suite, scale of operations, technology solutions, and… -
State of the Market Nov. 12, 2019
Somya Bhadola
Practice Director
Disha Khandelwal
Information SpecialistLife and Pensions (L&P) Insurance BPO: Annual Deal Trends Report 2020
As the L&P insurance industry reaps increasing investments returns and premium growth, insurers that aim to accelerate their growth are looking at prudent allocation of resources in strategic investments. Such investments, whether in skilled people, digital… -
PEAK Matrix® Sep. 30, 2019
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystLife and Pensions (L&P) Insurance BPO – Service Provider Landscape with Services PEAK Matrix™ Assessment 2019
While the L&P insurance industry has traditionally been a laggard in terms of adapting to new market shifts, insurers are now realizing the growing importance of creating a satisfactory customer experience for competitive relevance. This realization,… -
Viewpoint Sep. 20, 2019
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystBlockchain in P&C Insurance Claims Processing – What Insurers Need to Know to Get Started on the Journey
The Property and Casualty (P&C) insurance industry deals with a large amount of claims data for multiple lines of business, ranging from houses to vehicles. Standard mechanisms to process claims require multiple data entry points from… -
PEAK Matrix® July 31, 2019
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystNon-life Insurance Third Party Administrator (TPA) Landscape with Services PEAK Matrix™ Assessment 2019
With low margins and scarce opportunities for organic growth, TPA marketplace has started to adopt requisite measures for becoming more profitable. While some are building specialist, high margin capabilities such as medical and care management and… -
Viewpoint July 10, 2019
Somya Bhadola
Practice Director
Akanksha Sohil
Senior AnalystSedgwick to Acquire York: The Race to Scale in the US TPA Industry Intensifies
On July 8, 2019, Sedgwick, a leading US-based TPA, announced it plans to acquire another US-based risk and claims management TPA services provider, York Risk Services Group. The planned acquisition will have significant repercussions on the… -
State of the Market June 28, 2019
Somya Bhadola
Practice DirectorProperty & Casualty (P&C) Insurance BPO Annual Report 2019: Combating New-age Risks – How Digital Helps
Property and Casualty (P&C) insurers have been witnessing massive disruptions in their business ecosystem from customers demanding Amazon-like experience, to climate change causing widespread and difficult to predict catastrophes. While the effects of these disruptions on… -
Provider Compendium June 24, 2019
Somya Bhadola
Practice DirectorProperty and Casualty (P&C) Insurance BPO – Service Provider Profile Compendium 2019
The P&C Insurance BPO Service Provider Profile Compendium provides accurate, comprehensive, and fact-based snapshots of nine service providers in the market. Each five-page profile provides a comprehensive picture of that provider’s service suite, scale of operations,… -
State of the Market June 19, 2019
Somya Bhadola
Practice DirectorProperty and Casualty (P&C) Insurance BPO: Annual Deal Trends Report 2019
Marketers’ favourite dictum – Customer is the king – has never been truer for P&C insurers than it is today. P&C insurers have started investing in transformative steps to cater to the extreme levels of competitiveness… -
State of the Market April 26, 2019
Somya Bhadola
Practice DirectorLife and Pensions (L&P) Insurance BPO Annual Report 2019: Digital a Potential Game-changer but Insurers Stuck in Legacy Mode
The L&P insurance industry is being challenged by multiple disruptive forces functioning together to nudge the industry toward undertaking front-, middle-, and back-office transformation. First, there are growth opportunities in certain product classes; however, L&P insurers… -
PEAK Matrix® March 28, 2019
Somya Bhadola
Practice DirectorProperty and Casualty (P&C) Insurance BPO – Service Provider Landscape with Services PEAK Matrix™ Assessment 2019
The P&C insurance BPO market has been continually growing as buyers of services aim at containing costs, optimizing processes, improving customer experience, and leveraging digital technologies for multiple strategic objectives. Different P&C insurance clients have different…
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