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The demand for insurance-application outsourcing (AO) continues to grow. According to a December 2013 report from Everest Global Inc., a global consulting firm, the number of large, active insurance-application outsourcing contracts more than doubled in 2012.In the report, Everest predicts the demand for insurance AO will remain strong, citing approximately 75 large deals worth a total of $7.6 billion coming up for renewal between 2012 and 2017.What follows is a look at nine countries that many North American companies choose to provide AO services and their average annual cost.
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Brazil

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$68,000-$73,000
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Russia

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$63,000-$68,000
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Mexico

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$51,000-$56,000
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Ukraine

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$46,000-$51,000
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Poland

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$42,000-$47,000
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China

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$38,000-$43,000
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Argentina

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$28,000-$33,000
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Philippines

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$23,000-$28,000
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India

Average annual cost per full-time employee of application outsourcing services in U.S. dollars:$18,000-$23,000