Property Casualty Insurance Industry Review

Property and Casualty Insurance companies traditionally, have been lagging to implement proactive back office and mid office services as a component in the overall business strategy.  But, market dynamics today are forcing insurance companies to change their stance. With increasing pressure on premiums, this scenario will continue in the next five to ten years, and especially in the Property and Casualty Insurance line, where the companies will need to align with BPO technology solutions.