Expanded reports are designed to provide outsourcing buyers with greater research.

Within five years, Everest Research projects spending for global business process outsourcing (BPO) by the financial services sector will reach US$145-$165 billion for India-based services, the hub of global sourcing for financial services.

Pinnacle Life, Allied North America and Harleysville Insurance win first, second and third place in Insurance Networking News’ 2008 INNovators Award.

Global insurance outsourcing is growing at a CAGR of 8%, expected to become a $24 billion industry next year.

Architecture challenges and performance concerns are hampering life insurers’ adoption of software as a service for their policy administration systems.

The Leavitt Group is reducing costs and boosting productivity by faxing online with the service MyFax.

London — Marsh Ltd., the London-based subsidiary of the New York-based brokerage, has signed a deal to outsource its back office functions.

Today’s increasingly competitive marketplace elevates the importance of flexibility and efficiency in the policy administration process, says researcher.

Winners represent reader recognition of insurance business and technology solution visionaries.

The multi-million dollar deal covers a wide range of IT services.

Insurance firms face new challenges as they avail themselves of the growing business process outsourcing market.

The increase has been across the board in functional areas, including BPO, IT, F&A and HR.

Poughkeepsie, N.Y., — The International Association of Outsourcing Professionals (IAOP) honored two of its members at a luncheon ceremony during its annual conference—The 2008 Outsourcing World Summit at Disney’s Contemporary Resort on February 19.

Poughkeepsie, N.Y. — The 2008 Global Outsourcing 100, the annual ranking of the world’s best outsourcing service providers, was released by the International Association of Outsourcing Professionals (IAOP), Poughkeepsie, N.Y.

A recently published study from Diamond Management & Technology Consultants Inc. finds that roughly 33% of organizations prematurely terminated at least one business process outsourcing relationship during the past year.

Blythewood, S.C. — CSC plans to add 300 jobs in Blythewood, S.C. The Columbia area was selected from more than 225 cities to be the first CSC World Sourcing Service Center in North America due to the prestigious Blythewood facility, an attractive business environment, and the availability of well-trained IT resources in the community, according to the company.

Edison, N.J. - Sudhakar Ram, the chairman, managing director and group CEO of Mumbai-based Mastek, the parent company of Edison, N.J.-based MajescoMastek, has been honored as the 2007 CNBC Asia "India Business Leader of the Year."

Orlando - For the second consecutive year, Cognizant, a Teaneck, N.J., provider of global IT and business process outsourcing services, received Pegasystems' exclusive "Systems Integrator of the Year."

Thanks to new technologies, carriers are unearthing fraud such as "rent-a-patient" schemes and physician upcoding.

In a new 68-page report entitled 'BPO Opportunities in the Property & Casualty Insurance Sector,' analyst John Willmott finds that P&C insurers perceive themselves to be in a mature and highly competitive industry where process cost reduction and continuous service improvement are viewed as far more important mechanisms for achieving improvements in competitive positioning than process innovation.