Insurance: Industry Business Issue Overviews
- Challenges in the Insurance Industry
- Challenges are mounting for insurers. Increased pressure for profitability translates into a hard look at cost reduction and top-line revenue growth. Profitability is linked to the ability to accurately assess risk and manage customer relationships over time to achieve financial success.
- Achieving Aggressive Growth in Financial Services
- Global financial institutions face an increasingly complex market – one where profitability of existing products is eroding. Market events – including globalization, a final wave of consolidation, regulatory changes and technology breakthroughs – are forcing financial institutions to shed the transactional orientation of the past and focus on improving the efficiency and customer orientation of their operations.