September 15, 2004
Insurance offshoring gaining currency
India has become one of the most popular destinations for offshoring insurance processes and top insurance companies in the US and Europe — Cox Insurance Holdings, Aviva Life Insurance, AXA Sun Life — have moved their processes to India-based captive or third-party outsourcing firms.
Fueled by the success of the US-based health care firm Aetna moving its claims adjudication process to India, many other organisations want to tread the same path.
Posted by Tom Troceen