How business process outsourcing and insurance outsourcing can help overcome the underwriting crunch
Lastly, it is important to remember that strategic outsourcing is not about replacing corporate staff with cheaper labor offshore
. It is, in fact, about empowering staff to focus on what they do best. By outsourcing, insurance companiescan focus on their core competence, which is to manage risk. The challenge is to remain vigilant and look for ways tobetter manage risk functions while maximizing all available resources.
How business process outsourcing and insurance outsourcing can help overcome the underwriting crunch