India Offshore Non-voice Insurance BPO industry

By admin, Gaea News Network
Tuesday, February 2, 2010

Bharatbook added a new report on “India Offshore Non-voice Insurance BPO industry” analyses the global Insurance Industry and its ability to outsource along with the in-depth analysis of outsourcing potential and processes in Indian BPO market.

India Offshore Non-voice Insurance BPO industry report ( www.bharatbook.com/detail.asp?id=130291&rt=India-Offshore-Non-voice-Insurance-BPO-industry.html ) says that BPO is no longer an optional strategy but it is a strategic necessity. BPO and ITO continue to find favour with organisations looking to slash costs and raise productivity. Low labour costs, a huge pool of skilled manpower, and abundant natural resources make India a highly competitive manufacturing base for global exports in addition to catering to the vast domestic market. The use of English for business and official communication, and the high-quality managerial and technical talent created by some of the best higher education system in the developing world, add to India’s business friendliness.

SCOPE OF REPORT

The global business process outsourcing (BPO) industry ranks amongst the fastest-growing industries in the world. In the global BPO market, BFSI has emerged as the fastest-growing sector. Within the global BFSI BPO market, insurance segment accounts for more than 25% share. BPO is no longer an optional strategy but it is a strategic necessity. BPO industry has demonstrated its ability to reduce insurance back-office costs by 30% to 50%.

An understanding of the global insurance industry is necessary to comprehend the potential for insurance BPO services. This report contains a comprehensive overview of the global insurance industry with a special reference to the US, the UK and Australia.

The Industry report – Non- voice BPO in Insurance analyses the global Insurance Industry and its ability to outsource along with the in-depth analysis of outsourcing potential and processes in Indian BPO market. It presents the future outlook of one of the fastest growing industry worldwide.

KEY POINTS DISCUSSED
Non-voice offshore Insurance-BPO services industry in India
Insurance industries in the US, the UK, and Australia
The global outsourcing potential and the list of major outsourcing and willing to outsource insurance companies in US and UK
Operational structure of insurance company
Current & emerging Insurance process being outsourced
Contribution of BFSI segment in total BPO revenues in India as well as break-up of voice and non-voice BFSI
Outsourcing Potential – Why India?
Issues and challenges faced by the industry
An exclusive list of niche, captive and third party BPOs in India
Recent insurance outsourcing contracts signed by Indian BPO vendors
Profiles of Indian insurance BPO vendors and their respective functions – Company info, brief write –up, milestones, its competitors, revenues
Future outlook – Offshore Non-voice Insurance BPO industry in the year ahead.

REASONS WHY YOU SHOULD BUY THE REPORT
sharpen the focus and identify new markets
crystallizing strategic plans
learning about outsourcing trends in the insurance industry.
Gaining a comprehensive understanding of a fast-growing industry.

To know more and to buy a copy of your report feel free to visit : www.bharatbook.com/detail.asp?id=130291&rt=India-Offshore-Non-voice-Insurance-BPO-industry.html

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