Insurance
Insurance companies across all markets continue to focus on meeting challenging regulatory requirements, notably RDR and Solvency II, and improving corporate governance. At the same time they must increase their market share and margins, manage the pressure on capital and ensure value is delivered to their shareholders. As a result, many insurers are looking at:
- Consolidating or divesting through mergers or acquisitions
- Implementing best-of-class management information and reporting infrastructures
- Enhancing customer segmentation and servicing to support targeted sales, increased cross-selling and retention of key clients
- Strengthening operating models, with particular focus on transforming client service functions to reduce cost, advance fraud detection and prevention and improve customer experience
- Defining and consolidating platforms to support growth, enable potential acquisitions and create competitive advantage through improved e-channels
Baringa Partners works in partnership with its general insurance, life and pensions and London markets clients to consolidate and grow their place in the market, through its in-depth insurance industry knowledge and delivery capabilities. Our services include:
- Regulatory change programme mobilisation, management and delivery
- Target Operating Model design and delivery
- Business process analysis, design and re-engineering
- Insurance platform selection and implementation
- Post-merger integration
