Research & Trends launches a new whitepaper sponsored by West Point Insurance Services, offering highlights from Novarica’s recent “2019 IT Budgets and Projections Report.” Carriers’ top business priorities include
speed to market for both new and enhanced products, yet inadequate budgets and staffing to support initiatives are top reported challenges. The paper goes on to discuss Novarica’s study of outsourcing and challenges carriers face to manage projects and engage with vendors that have industry knowledge.
This paper concludes with 3 case studies of carriers that chose outsourced back office vendors in order to accelerate time to market. Highlighted struggles and challenges, as well as success stories, sheds light upon the characteristics to look for in the ‘right’ back office provider.
Download “Successful Outsourcing: Your Key to Meeting 2019 Business Objectives” today for great insights from Novarica and hear directly from 3 very successful insurance companies the ingredients to a successful launch.