Alsbridge, Inc. released an article today reporting on the tremendous increase in outsourcing by insurance companies over the past two years.
The increase has been across the board in functional areas including BPO, IT, F&A, and HR. The engagements involve the vast majority of large insurance companies and outsourcing providers. Many of the engagements are entering the second and third generation of agreements.
Ben Trowbridge, CEO for Alsbridge sees mergers and acquisitions as being major factors in the move to outsourcing. “With wider product offerings and geographies, insurance companies need to standardize processes involving disparate systems. Outsourcing will accelerate consolidation.”
Alsbridge is an award winning outsourcing, shared services and offshoring advisory firm. The firm uses proven methodology and incorporates proprietary alignment sessions that bring together executive teams from both their Fortune 1000 clients and service providers in a collaborative environment. Alsbridge supports its recommendations and assistance through significant investments in proprietary benchmarking and ongoing research within the industry.
To read the article, visit http://www.outsourcingleadership.com/insurance-industry.shtml
Note to Editors: CEO, Ben Trowbridge is available for interviews.
Media Contact Information:
Lorna Brooks
Tel: +1 214 696 6410, EnquiryUSA@alsbridge.com
