Insurance Services Outsourcing

Should SME Insurers Look at Process Optimization to Survive the Draconian Laws of Solvency II
Should SME Insurers Look at Process Optimization to Survive the Draconian Laws of Solvency II
Jeremy Owenson
Senior Vice President, Insurance, WNS Global Servi

As Solvency II laws continue to tighten their grip in Europe, the Small and Medium sized insurers will be under pressure.  While the intent of Solvency II is to establish a more robust and competitive EU insurance market, the demands of increased regulatory compliance, corporate governance and capital reserves have meant that smaller insurance players struggle to maintain operational efficiencies and reasonable profit margins.  Read on to find out how small and medium sized insurers can approach this strategically and can turn the potential  challenges into opportunities.


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