Insurance Services Outsourcing

Underwriters assess risks associated with new products and
determine payments of premium. As a result of increasing
attrition and the need to launch new products including niche
ones, underwriting talent has become scarce. One estimate
suggests a 40 to 50 percent shortfall in underwriting talent in
North America alone. And only a few companies can afford to
invest in training, contributing to the lack of trained resource.