How Insurance Cos. Can Benefit From Innovative Outsourcing

Law360, New York (January 21, 2016, 9:38 PM EST) -- Brad L. Peterson

Mark A. Prinsley Insurance companies have long benefited from innovation in outsourcing. In the 1990s, the industry understood and captured the benefits of outsourcing noncore functions to specialist suppliers. In the 2000s, insurers invested in new contracting approaches to gain benefits of offshore outsourcing, an innovation permitted by reductions in telecommunications costs and improvements in process design. Insurers secured the benefits of offshoring by extending traditional onshore outsourcing processes to engage new suppliers.

Now, cloud computing has spawned a burst of innovation opportunities for insurers. Insurers can benefit from innovations such as big data, cognitive computing, robotic process...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!