Financial services /

Insurance

" I was delighted with the support Baringa Partners gave us. They combined deep subject matter expertise, complemented my team well and delivered above my expectations. "

Insurance Pricing & Underwriting Director

Insurance

We work on many of the most innovative and transformational initiatives in the insurance sector, helping clients think about, prepare and deliver for the future.

We help clients reap material benefits for their customers, employees and shareholders by applying deep industry insight and delivery experience.

Transforming General Insurance, London Markets and Life & Pensions – Hear About Our Work

Meet members of the team

David Wilson

David Wilson

Partner - Financial services

" The insurance industry is a complex, far reaching and truly diverse industry that plays a fundamental role in people’s lives. From your typical personal lines policies and complex specialty risks to safeguarding your physical wellbeing and ensuring a future income, it is not hard to see why insurance continues to play an ever greater role in protecting what is important to both individuals and clients. With all the changes taking place in the insurance industry, now couldn’t be a better time to get involved! "
 

Hodan Abdi

Hodan Abdi

Consultant - Financial services

" The insurance industry is involved in so many different aspects of our lives and touches virtually everything we do! It is a complex industry with global reach and provides endless opportunities to learn new things. The industry is increasingly subject to disruptive forces from changing customer behaviours, technological advances and regulatory pressures, pushing everyone in the industry to continually adapt their business models and ways of doing business. "
 

Focus on your sector

Driving and responding to industry consolidation

Our industry remains fragmented with huge opportunity for consolidation to; increase market share, deliver economies of scale, enhance value and rationalise structures. Whatever the driver, we help clients deliver the maximum value from their business, ensuring OD structures, processes and IT solutions are established and culture is maintained.

Responding to on-going cost and capital constraints

Economic pressure, geopolitical instability, soft rates and fierce competition are forcing insurers to aspire to the next generation of cost optimisation to generate competitive advantage. Our experience, industry focus and proprietary techniques help unlock cost trapped in the value chain using both traditional methods to next generation automation, AI and Digital integration.

Driving innovation through existing business models

The Insurance industry is wrestling with how it reinvents itself to expand services, increase customer engagement, reduce cost and leverage technology advancements. The proliferation of InsurTech companies demonstrates the ideas and technology are out there. We help our clients understand the InsurTech landscape and how to make the most of these opportunities whilst also maximising the potential innovation from within their own organisation.

How to exploit and ensure security of data

With the increasing number of news stories and regulatory scrutiny, data is both a huge asset and a risk for Insurers. We help our clients to transform how they govern, control and exploit their data. We provide industry-focused support, insights and best practice for all aspects of a Data and Analytics function, from data governance and control frameworks, operating models, storage and infrastructure, data development and warehousing and through to reporting, visualisation and data analytics capability.