Taking its position in the outsourcing space in the global industry ahead, Indian Companies are looking at the very critical Actuarial Process Outsourcing (APO) area. And here, the industry is expected to ramp up 100% by the end of 2008. As opposed to tactical outsourcing, the APO is highly knowledge intensive work involving valuations and analytical work and is, therefore, not largely driven by the volume of people. Actuaries, form the third and the most pecialised pillar of the insurance business much ahead of fund management and sales, where smart data crunching and detailed analysis sets the very foundation for undertaking risk coverage.
The Financial Express
http://www.financialexpress.com/news/
APOs-look-to-clock-100-growth-by-year-end/
305820/
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