Outsourcing: How can specialist third parties help insurers achieve their growth goals?

In a competitive market, it is essential to stay one step ahead of the pack. But, whether entering a new line of business or scaling up existing operations, insurers can find their growth strategies constrained by practicalities such as hiring new employees and integrating new IT systems. Working with a third party that has the additional capabilities or experience can be the answer.

This paper assesses how insurers can effectively use specialist third parties to achieve growth in areas they might not be confident tackling in-house.