This Financial Insights report is the fourth document in the sourcing report series from the Insurance Advisory Service. The key objective of this report is to discuss several frameworks. These frameworks address the sourcing options that insurance companies have as they develop or reshape their sourcing strategies and the software solutions and outsourcing services that technology firms provide.

• Financial Insights Opinion
• In This Report
• Situation Overview
  • How Permanent Is the Insurance Industry?
    • Changing Landscape of Risk
    • Figure: Changing Landscape of Risk
    • Table: Worldwide Age Wave: Selected Statistics
    • Figure: Insurance Company Key Strategic Objectives for 2007
  • Dancing with the Red Queen
  • Sourcing Strategy
  • Figure: Selected Insurance Company Business Activities
    • Sourcing Options
    • Figure: Insurer Sourcing Options
  • Technology Firm Sourcing Solutions and Services
    • Software Solutions
    • Table: North American Insurance Software IT Spending, 2006 and 2011
    • Table: Insurance Software Spectrum
    • Table: Select Questions to Ask Technology Firms Across the Software Spectrum
    • Outsourcing Services
    • Figure: Technology Firm Outsourcing Services
    • Figure: Minimal Expected Insurance Domain Expertise of Outsourcing Provider
• Future Outlook
  • Dancing Quicker over Rougher Terrain
  • Figure: U.S. Insurance Companies by Type, 2002 and 2004
  • Figure: Collapsing Property/Casualty Marketplace
• Essential Guidance
  • Actions for Insurance Companies
  • Figure: Sourcing Strategy Decision Elements
  • Actions for Vendors
• Learn More
  • Related Research
  • Synopsis