HTF Market Intelligence Consulting Private Limited

Insurance Business Process Outsourcing Market Projected to Show Strong Growth : EXL Services Holdings, Genpact

Insurance Business Process Outsourcing Market Analysis & Forecast For Next 5 Years

 

Edison, NJ -- (SBWIRE) -- 03/08/2019 -- HTF MI recently introduced Global Insurance Business Process Outsourcing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are EXL Services Holdings, Genpact, TCS, WNS Holdings, Accenture, Capita, Cognizant, Computer Sciences, Dell, HCL, iGate, Infosys, MphasiS, Serco Group, Sutherland Global Services, Syntel, Tech Mahindra, Wipro, Xchanging, Xerox, Cost Effective Operations, For a full, detailed list, view our report, Data Security, For a full, detailed list, view our report, Outsourcing of Complex Processes & For a full, detailed list, view our report etc.

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

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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.

This report studies the Global Insurance Business Process Outsourcing market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Insurance Business Process Outsourcing market by companies, region, type and end-use industry.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Insurance Business Process Outsourcing Market by Type ( ), by End-Users/Application ( ), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as EXL Services Holdings, Genpact, TCS, WNS Holdings, Accenture, Capita, Cognizant, Computer Sciences, Dell, HCL, iGate, Infosys, MphasiS, Serco Group, Sutherland Global Services, Syntel, Tech Mahindra, Wipro, Xchanging, Xerox, Cost Effective Operations, For a full, detailed list, view our report, Data Security, For a full, detailed list, view our report, Outsourcing of Complex Processes & For a full, detailed list, view our report includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Insurance Business Process Outsourcing Market has been divided into type, application, and region.
On The Basis Of Type: .
On The Basis Of Application:
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Insurance Business Process Outsourcing in these regions, from 2013 to 2023 (forecast), covering
- North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
- Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
- Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Insurance Business Process Outsourcing

Global Insurance Business Process Outsourcing Market Size (Sales) Market Share by Type (Product Category) in 2017
Insurance Business Process Outsourcing Market by Application/End Users
Global Insurance Business Process Outsourcing Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [ ]
Global Insurance Business Process Outsourcing Sales and Growth Rate (2013-2023)
Insurance Business Process Outsourcing Competition by Players/Suppliers, Region, Type and Application
Insurance Business Process Outsourcing (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Insurance Business Process Outsourcing Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include
Insurance Business Process Outsourcing Manufacturing Cost Analysis
Insurance Business Process Outsourcing Key Raw Materials Analysis
Insurance Business Process Outsourcing Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.