subject: Indian Offshore Insurance Bpo Services Market In India Market ----aarkstore Enterprise [print this page] BPO is no longer an optional strategy but it is a strategic necessity.
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.
