Report Detail
APAC Insurance Business Process Outsourcing Market
- RnM3978334 |
- 29 May, 2020 |
- Global |
- 131 Pages |
- Maia Research |
- Other
This report studies the Insurance Business Process Outsourcing (BPO) market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions, and splits the Insurance Business Process Outsourcing (BPO) market by product and Application/end industries.
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.
The global Insurance Business Process Outsourcing (BPO) market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
Korea will still play an important role which cannot be ignored. Any changes from Korea might affect the development trend of Insurance Business Process Outsourcing (BPO).
Australia also play important roles in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX.
The major players in global market include Cambridge Solutions, CGI Group Inc, Cognizant Technology Solutions, EXL Services Holdings, Genpact, Mastek Limited, Maxil Technology Solutions Inc, Neusoft Group Ltd., Objectiva Software Solutions, Patni Computer Systems Limited, ReSource Pro, Xchanging, Tata Consultancy Services, Wipro BPO, Infosys, WNS Global Services, Accenture, Capita.
Table of Contents
APAC Insurance Business Process Outsourcing (BPO) Market Size, Status and Forecast 2022
1 Industry Overview
- 1.1 Insurance Business Process Outsourcing (BPO) Market Overview
- 1.1.1 Insurance Business Process Outsourcing (BPO) Product Scope
- 1.1.2 Market Status and Outlook
- 1.2 APAC Insurance Business Process Outsourcing (BPO) Market Size and Analysis by Regions (2012-2017)
- 1.2.1 Korea Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.2.2 Australia Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.2.3 Japan Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.2.4 China Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.2.5 India Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.2.6 Southeast Asia Insurance Business Process Outsourcing (BPO) Market Status and Outlook
- 1.3 Classification of Insurance Business Process Outsourcing (BPO) by Product
- 1.3.1 APAC Insurance Business Process Outsourcing (BPO) Revenue (Million USD) and Growth (%) Comparison by Product (2012-2022)
- 1.3.2 APAC Insurance Business Process Outsourcing (BPO) Revenue (Million USD) Market Share (%) by Product in 2016
- 1.3.3 Life & Annuity
- 1.3.4 Multiline
- 1.3.5 Property & Casualty
- 1.4 Insurance Business Process Outsourcing (BPO) Market by End Users/Application
- 1.4.1 Claims Processing
- 1.4.2 Policy Servicing and Reporting
- 1.4.3 New Business Management
- 1.4.4 Product Development and Business Acquistion
2 APAC Insurance Business Process Outsourcing (BPO) Competition Analysis by Players
- 2.1 APAC Insurance Business Process Outsourcing (BPO) Market Size (Million USD) by Players (2012-2017)
- 2.2 Competitive Status and Trend
- 2.2.1 Market Concentration Rate
- 2.2.2 Product/Service Differences
- 2.2.3 New Entrants
- 2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles and Key Data
- 3.1 Cambridge Solutions
- 3.1.1 Company Profile
- 3.1.2 Main Business/Business Overview
- 3.1.3 Products, Services and Solutions
- 3.1.4 Cambridge Solutions Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.1.5 Recent Developments
- 3.2 CGI Group Inc
- 3.2.1 Company Profile
- 3.2.2 Main Business/Business Overview
- 3.2.3 Products, Services and Solutions
- 3.2.4 CGI Group Inc Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.2.5 Recent Developments
- 3.3 Cognizant Technology Solutions
- 3.3.1 Company Profile
- 3.3.2 Main Business/Business Overview
- 3.3.3 Products, Services and Solutions
- 3.3.4 Cognizant Technology Solutions Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.3.5 Recent Developments
- 3.4 EXL Services Holdings
- 3.4.1 Company Profile
- 3.4.2 Main Business/Business Overview
- 3.4.3 Products, Services and Solutions
- 3.4.4 EXL Services Holdings Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.4.5 Recent Developments
- 3.5 Genpact
- 3.5.1 Company Profile
- 3.5.2 Main Business/Business Overview
- 3.5.3 Products, Services and Solutions
- 3.5.4 Genpact Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.5.5 Recent Developments
- 3.6 Mastek Limited
- 3.6.1 Company Profile
- 3.6.2 Main Business/Business Overview
- 3.6.3 Products, Services and Solutions
- 3.6.4 Mastek Limited Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.6.5 Recent Developments
- 3.7 Maxil Technology Solutions Inc
- 3.7.1 Company Profile
- 3.7.2 Main Business/Business Overview
- 3.7.3 Products, Services and Solutions
- 3.7.4 Maxil Technology Solutions Inc Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.7.5 Recent Developments
- 3.8 Neusoft Group Ltd.
- 3.8.1 Company Profile
- 3.8.2 Main Business/Business Overview
- 3.8.3 Products, Services and Solutions
- 3.8.4 Neusoft Group Ltd. Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.8.5 Recent Developments
- 3.9 Objectiva Software Solutions
- 3.9.1 Company Profile
- 3.9.2 Main Business/Business Overview
- 3.9.3 Products, Services and Solutions
- 3.9.4 Objectiva Software Solutions Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.9.5 Recent Developments
- 3.10 Patni Computer Systems Limited
- 3.10.1 Company Profile
- 3.10.2 Main Business/Business Overview
- 3.10.3 Products, Services and Solutions
- 3.10.4 Patni Computer Systems Limited Insurance Business Process Outsourcing (BPO) Revenue (Million USD) (2012-2017)
- 3.10.5 Recent Developments
- 3.11 ReSource Pro
- 3.12 Xchanging
- 3.13 Tata Consultancy Services
- 3.14 Wipro BPO
- 3.15 Infosys
- 3.16 WNS Global Services
- 3.17 Accenture
- 3.18 Capita
4 APAC Insurance Business Process Outsourcing (BPO) Market Size by Product and Application (2012-2017)
- 4.1 APAC Insurance Business Process Outsourcing (BPO) Market Size by Product (2012-2017)
- 4.2 APAC Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
- 4.3 Potential Application of Insurance Business Process Outsourcing (BPO) in Future
- 4.4 Top Consumer / End Users of Insurance Business Process Outsourcing (BPO)
5 Korea Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 5.1 Korea Insurance Business Process Outsourcing (BPO) Market Size (2012-2017)
- 5.2 Korea Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 5.3 Korea Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
6 Australia Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 6.1 Australia Insurance Business Process Outsourcing (BPO) Market Size (2012-2017)
- 6.2 Australia Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 6.3 Australia Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
7 Japan Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 7.1 Japan Insurance Business Process Outsourcing (BPO) Market Size (2012-2017)
- 7.2 Japan Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 7.3 Japan Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
8 China Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 8.1 China Insurance Business Process Outsourcing (BPO) Market Size and Forecast (2012-2017)
- 8.2 China Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 8.3 China Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
9 India Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 9.1 India Insurance Business Process Outsourcing (BPO) Market Size and Forecast (2012-2017)
- 9.2 India Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 9.3 India Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
10 Southeast Asia Insurance Business Process Outsourcing (BPO) Development Status and Outlook
- 10.1 Southeast Asia Insurance Business Process Outsourcing (BPO) Market Size and Forecast (2012-2017)
- 10.2 Southeast Asia Insurance Business Process Outsourcing (BPO) Market Size and Market Share by Players (2012-2017)
- 10.3 Southeast Asia Insurance Business Process Outsourcing (BPO) Market Size by Application (2012-2017)
11 Market Forecast by Regions, Product and Application (2017-2022)
- 11.1 APAC Insurance Business Process Outsourcing (BPO) Market Size (Million USD) by Regions (2017-2022)
- 11.1.1 Korea Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.1.2 Australia Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.1.3 China Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.1.4 Japan Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.1.5 Southeast Asia Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.1.6 India Insurance Business Process Outsourcing (BPO) Revenue and Growth Rate (2017-2022)
- 11.2 APAC Insurance Business Process Outsourcing (BPO) Market Size by Application (2017-2022)
- 11.3 APAC Insurance Business Process Outsourcing (BPO) Market Size by Product (2017-2022)
12 Insurance Business Process Outsourcing (BPO) Market Dynamics
- 12.1 Insurance Business Process Outsourcing (BPO) Market Opportunities
- 12.2 Insurance Business Process Outsourcing (BPO) Challenge and Risk
- 12.2.1 Competition from Opponents
- 12.2.2 Downside Risks of Economy
- 12.3 Insurance Business Process Outsourcing (BPO) Market Constraints and Threat
- 12.3.1 Threat from Substitute
- 12.3.2 Government Policy
- 12.3.3 Technology Risks
- 12.4 Insurance Business Process Outsourcing (BPO) Market Driving Force
- 12.4.1 Growing Demand from Emerging Markets
- 12.4.2 Potential Application
13 Market Effect Factors Analysis
- 13.1 Technology Progress/Risk
- 13.1.1 Substitutes
- 13.1.2 Technology Progress in Related Industry
- 13.2 Consumer Needs Trend/Customer Preference
- 13.3 External Environmental Change
- 13.3.1 Economic Fluctuations
- 13.3.2 Other Risk Factors
14 Research Finding /Conclusion
15 Methodology and Data Source
- 15.1 Methodology/Research Approach
- 15.1.1 Research Programs/Design
- 15.1.2 Market Size Estimation
- 15.1.3 Market Breakdown and Data Triangulation
- 15.2 Data Source
- 15.2.1 Secondary Sources
- 15.2.2 Primary Sources
- 15.3 Disclaimer
Summary:
Get latest Market Research Reports on APAC Insurance Business Process Outsourcing. Industry analysis & Market Report on APAC Insurance Business Process Outsourcing is a syndicated market report, published as APAC Insurance Business Process Outsourcing Market. It is complete Research Study and Industry Analysis of APAC Insurance Business Process Outsourcing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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