Global Insurance Business Process Outsourcing (BPO) market cagr 9.7%

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Insurance Business Process Outsourcing (BPO)

Market Insurance Business Process Outsourcing (BPO) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031 Request Sample Report

Insurance Business Process Outsourcing (BPO) Market Size and Growth

The Insurance Business Process Outsourcing (BPO) market research reports indicate a growing demand for outsourcing services due to cost efficiency and improved operational efficiency. Market size is estimated to reach $8.2 billion by 2025, driven by the need for insurers to streamline processes and focus on core competencies. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Genpact

◍ EXL Services Holdings

◍ Cognizant

◍ Xchanging (DXC Technology)

◍ Dell

◍ TCS

◍ Sutherland Global Services

◍ WNS Holdings

◍ Accenture

◍ Tech Mahindra

◍ Xerox

◍ MphasiS

◍ Capita

◍ Serco Group

◍ Computer Sciences

◍ HCL

◍ IGate

◍ Infosys

The Insurance Business Process Outsourcing (BPO) Market is highly competitive with companies like Genpact, EXL Services Holdings, Cognizant, Xchanging (DXC Technology), Dell, TCS, Sutherland Global Services, WNS Holdings, Accenture, Tech Mahindra, Xerox, MphasiS, Capita, Serco Group, Computer Sciences, HCL, iGate, Infosys, Syntel, Exlservice Holdings, Invensis, Wipro offering services such as claims processing, policy administration, customer service, and more. These companies help to grow the Insurance BPO Market by providing cost-effective and efficient solutions to insurance companies.

- Genpact: $3.49 billion

- EXL Services Holdings: $1.16 billion

- Cognizant: $1.07 billion

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Market Segmentation

By Application

BFSI

Manufacturing

Healthcare

Retail

Telecom

Others

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By Product

Development

Marketing

Administration

Asset Management

Claims Management

Market Growth

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$ X Billion USD

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