Insurance Archives

Deloitte Study Discovers 75 Percent of Global Financial Institutions Plan to Outsource Offshore

Outsourcing Center, Beth Ellyn Rosenthal, Senior Writer

Intense competition and a weak economy are forcing financial institutions to radically alter the way they do business. A new Deloitte Research study of global leaders discovered 75 percent are outsourcing offshore to save as much as 50 percent. Analyst

Connecting the HIPAA Dots

Outsourcing Center, Kathleen Goolsby, Senior Writer

Hospitals looking for a service provider for HIPAA compliance should select one who has actual translation and mapping experience. The process is too complicated to outsource to a provider just learning the ropes.

Staking a Claim To Excellence With an Offshore Component

John Harney, Business Writer

MetLife needed to improve its claims processing. ACS now does the job up to nine times faster, up to 75 percent cheaper and with 40 percent more accuracy using offshore labor.

Transaction Engines and Process Reengineering Changed HR

Outsourcing Center, Beth Ellyn Rosenthal, Senior Writer

Web-enablement and transaction engines will spearhead the increasing drive to outsourcing HR. But success requires a paradigm shift.

Outsourcing to Rid Healthcare’s Pain

Outsourcing Center, Kathleen Goolsby, Senior Writer

Word of mouth in the healthcare industry has spread the message: outsourcing is the best medicine to address costs and government regulations.

Outsourcing To Play Larger Role Among Insurance Companies

Chris Pryer, Business Writer

The conservative insurance industry finally figured out BPO is the way to go. Shrinking margins made insurers enter this brave new world.

Insurer Quotes Rates from Palm of its Hand

Chris Pryer, Business Writer

The CEO of GSA Insurance wanted to do something no insurance company had done before: provide accurate quotes at the customer's home. Outsourcing made that a reality.

A Comparison of Asset Acquisitions and Outsourcing Transactions

Helen Lukajic, Associate, Baker & McKenzie

How does asset acquisition differ from outsourcing? Attorneys at Baker & McKenzie explain the legal nuances.

Inheriting a Legacy TPA

Chris Pryer, Business Writer

Jefferson Pilot Financial Insurance Company had never outsourced. Then it acquired another insurance company using a third-party administrator. A careful study convinced the insurer outsourcing was the way to go.

Financial Institution Outsourcing: Managing the Risks

Thomas J. Smedinghoff, Partner, and Creighton R. Meland, Jr., Partner, Baker & McKenzie, Chicago, Illinois

In the Bible, Cain insisted he was not responsible for his brother's actions. That's not true if you are a financial institution. Banks, savings and loans and credit unions are still responsible for the actions of their service providers. Two

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Deloitte Study Discovers 75 Percent of Global Financial Institutions Plan to Outsource Offshore

Connecting the HIPAA Dots

Staking a Claim To Excellence With an Offshore Component

Transaction Engines and Process Reengineering Changed HR

Outsourcing To Play Larger Role Among Insurance Companies

Insurer Quotes Rates from Palm of its Hand

A Comparison of Asset Acquisitions and Outsourcing Transactions

Inheriting a Legacy TPA

Industries

Services

Industry

Services

Cybersecurity

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