article thumbnail

Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

article thumbnail

How Insurance Companies Can Benefit from Offshoring Services

AS White Global

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Access to a wider pool of qualified talent.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 4 Ways Insurance Companies are Benefiting from Offshoring Services

AS White Global

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Access to a wider pool of qualified talent.

article thumbnail

What Is a Remote Job? Your Guide to Remote Work

Velocity Global

By definition, a remote job is a job that is performed outside of a company-owned office. Under these flexible working arrangements, employees can work from their homes, coworking spaces, coffee shops, or other places that are not company-sponsored. How Do Remote Jobs Work? . What Jobs Can Be Done From Home?

Jobbing 52
article thumbnail

How to Provide Health Insurance for Employees in Different States: A Guide to U.S. Healthcare for a Distributed Workforce

Velocity Global

and international businesses, offering health insurance to employees in different states is critical for talent retention. Can Health Insurance Be Used in Different States? health insurance plans cover emergency services at any hospital in the country, regardless of the state of purchase. Challenges for U.S. Challenges for U.S.

article thumbnail

5 Questions to Ask When Looking for an Offshore Partner for Outsourcing Insurance Services

AS White Global

When Luke Eagle started his own company in 2017, he saw an opportunity to grow his “ one-man band ” operations into an insurance brokerage firm that provided a holistic approach in fulfilling various insurance needs. Since 2014, the insurance BPO industry has seen a consistent yearly growth of 9-10%. How do you secure your data?

article thumbnail

Mortgage Industry Trends Driving Layoffs and Five Tactics to Avoid Job Cuts

Everest Group

Mortgage industry experts, enterprises, service providers, and analysts cite the following factors for the recent job eliminations: Cyclicity : The mortgage industry appears to go through two- to four-year cycles, as shown in the above graph.

Jobbing 52