SlideShare ist ein Scribd-Unternehmen logo
1 von 21
Underpinning Transformational Change  and  Embedding   Innovation  In The U.K. Insurance Sector: What Does It Mean In Practice?
Jeremy Owenson And WNS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Jeremy Owenson And WNS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lines Of Business Serviced Personal Lines Commercial Lines                                 Agency Management Annuities Pensions Health Liability Life Sales and Customer Service New Business Quotes /  Cancellation / Setup Policy Administration Claims Management Inbound Customer Service Centers Shared Services Across All Product lines Finance and Accounting, Business Transformation, Research and Analytics
Identifying Core Areas For Change
Core Areas Of Change Increased  indemnity costs Regulatory pressures Operational  costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Areas Of Change ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Increased  indemnity costs
Core Areas Of Change Regulatory pressures ,[object Object],[object Object],[object Object],[object Object],[object Object]
Actuaries And India ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Areas Of Change ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Core Areas Of Change ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Understanding Mixed Opinion
The Sacred Cows! ,[object Object],[object Object],Standard Distribution Actual Result First Quartile (top) 25% Second Quartile 25% Third Quartile 25% Fourth Quartile (bottom) 25%
The Sacred Cows! ,[object Object],[object Object],Standard Distribution Actual Result First Quartile (top) 25% 57% Second Quartile 25% 43% Third Quartile 25% 0% Fourth Quartile (bottom) 25% 0%
The Sacred Cows! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Are The Opportunities For The Board Room
The Opportunities For The Board ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Key To Transformation And Development Of A Strong Future Strategy
The Opportunities For The Board ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Opportunities For The Board ,[object Object],[object Object]
www.wns.com  This presentation and any files attached and/or transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. No part of this presentation may be given, lent, resold, or disclosed to any unintended recipients or exploited for any commercial purposes. If you are not the intended recipient and you have received this presentation in error, please return this material to the sender immediately and forthwith delete and destroy the presentation including any copies thereof from your records. We hereby notify that disclosing, distributing, copying, reproducing, storing in a retrieval system, or transmitting in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, or taking any action in reliance on the contents of the presentation in its entirety or any part thereof is strictly prohibited without the prior written consent of WNS, such consent being given at the sole discretion of WNS. Any views or opinion expressed in this presentation are those of the author and do not necessarily represent that of WNS. WNS makes no representations and to the full extent permissible by applicable law, WNS disclaims any warranties of any kind, express or implied, including any warranty of merchantability, accuracy, fitness or applicability for a particular purpose, and non-infringement of third party rights, as to the information, content and materials.  For more outsourcing solutions for insurance industry visit www.wns.com/services/insurance Gate No.4, Godrej & Boyce Complex Pirojshanagar, Vikhroli West, Mumbai 400 079 Tel : +91 22 4095 2100 Fax : +91 22 2518 8350 420 Lexington Avenue Suite 2515 New York, NY 10170 Tel : +1 212 599 6960 Fax : +1 212 599 6962 EUROPE The Lodge Harmondsworth Lane West Drayton, Middlesex UB7 0AB Tel : +44 208 754 8289 Fax : +44 208 754 8307 INDIA NORTH AMERICA

Weitere ähnliche Inhalte

Mehr von WNS Global Services

Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
WNS Global Services
 

Mehr von WNS Global Services (20)

How to Find Solutions for Strategic Concerns in HR through Analytics
How to Find Solutions for Strategic Concerns in HR through AnalyticsHow to Find Solutions for Strategic Concerns in HR through Analytics
How to Find Solutions for Strategic Concerns in HR through Analytics
 
The Future of Utilities Special Report 2014
The Future of Utilities Special Report 2014The Future of Utilities Special Report 2014
The Future of Utilities Special Report 2014
 
Capture Opportunities In Complexities
Capture Opportunities In ComplexitiesCapture Opportunities In Complexities
Capture Opportunities In Complexities
 
Give your Finance ERP A new Lease of Life
Give your Finance ERP A new Lease of LifeGive your Finance ERP A new Lease of Life
Give your Finance ERP A new Lease of Life
 
4 Smart Options to Overcome the Lonely Journey to Captive Shared Services
4 Smart Options to Overcome the Lonely Journey to Captive Shared Services4 Smart Options to Overcome the Lonely Journey to Captive Shared Services
4 Smart Options to Overcome the Lonely Journey to Captive Shared Services
 
Managing the Complexities of Governance, Risk & Compliance Requires
Managing the Complexities of Governance, Risk & Compliance RequiresManaging the Complexities of Governance, Risk & Compliance Requires
Managing the Complexities of Governance, Risk & Compliance Requires
 
Insuring the insurance business with actionable analytics
Insuring the insurance business with actionable analyticsInsuring the insurance business with actionable analytics
Insuring the insurance business with actionable analytics
 
Travel and leisure infographics
Travel and leisure infographicsTravel and leisure infographics
Travel and leisure infographics
 
Gear Up for Solvency II & IFRS 4 Phase II with the Right Partner
Gear Up for Solvency II & IFRS 4 Phase II with the Right Partner Gear Up for Solvency II & IFRS 4 Phase II with the Right Partner
Gear Up for Solvency II & IFRS 4 Phase II with the Right Partner
 
WNS Xponential, An ERP Card Solution
WNS Xponential, An ERP Card SolutionWNS Xponential, An ERP Card Solution
WNS Xponential, An ERP Card Solution
 
WNS Positioned as a 'High Performer' in Finance and Accounting BPO by HfS Res...
WNS Positioned as a 'High Performer' in Finance and Accounting BPO by HfS Res...WNS Positioned as a 'High Performer' in Finance and Accounting BPO by HfS Res...
WNS Positioned as a 'High Performer' in Finance and Accounting BPO by HfS Res...
 
The WNS-Outsourcing Center Survey - FAO Outsourcing Drivers
The WNS-Outsourcing Center Survey - FAO Outsourcing DriversThe WNS-Outsourcing Center Survey - FAO Outsourcing Drivers
The WNS-Outsourcing Center Survey - FAO Outsourcing Drivers
 
WNS Corporate German Factsheet
WNS Corporate German FactsheetWNS Corporate German Factsheet
WNS Corporate German Factsheet
 
WNS Corporate French Factsheet
WNS Corporate French FactsheetWNS Corporate French Factsheet
WNS Corporate French Factsheet
 
Building Brands through ‘Social’ Customer Service
Building Brands through ‘Social’ Customer ServiceBuilding Brands through ‘Social’ Customer Service
Building Brands through ‘Social’ Customer Service
 
WNS Receives Dual Recognition at the 'BPO Excellence Awards 2010-11'
WNS Receives Dual Recognition at the 'BPO Excellence Awards 2010-11'WNS Receives Dual Recognition at the 'BPO Excellence Awards 2010-11'
WNS Receives Dual Recognition at the 'BPO Excellence Awards 2010-11'
 
End-to-end consolidation of the order-to-cash cycle for a global air delivery...
End-to-end consolidation of the order-to-cash cycle for a global air delivery...End-to-end consolidation of the order-to-cash cycle for a global air delivery...
End-to-end consolidation of the order-to-cash cycle for a global air delivery...
 
Leverage actionable insights to increase competitiveness in U.K.'s retail ind...
Leverage actionable insights to increase competitiveness in U.K.'s retail ind...Leverage actionable insights to increase competitiveness in U.K.'s retail ind...
Leverage actionable insights to increase competitiveness in U.K.'s retail ind...
 
Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
Role of Finance and Accounting Outsourcing in achieving the CFO’s Agenda for ...
 
Time to repay
Time to repayTime to repay
Time to repay
 

Kürzlich hochgeladen

VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
dipikadinghjn ( Why You Choose Us? ) Escorts
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
roshnidevijkn ( Why You Choose Us? ) Escorts
 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432
motiram463
 

Kürzlich hochgeladen (20)

VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
VIP Call Girl in Mumbai 💧 9920725232 ( Call Me ) Get A New Crush Everyday Wit...
 
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
VIP Call Girl Service Andheri West ⚡ 9920725232 What It Takes To Be The Best ...
 
Stock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdfStock Market Brief Deck (Under Pressure).pdf
Stock Market Brief Deck (Under Pressure).pdf
 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
VIP Call Girl in Mira Road 💧 9920725232 ( Call Me ) Get A New Crush Everyday ...
 
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Mumbai 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
VIP Independent Call Girls in Taloja 🌹 9920725232 ( Call Me ) Mumbai Escorts ...
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
VIP Kalyan Call Girls 🌐 9920725232 🌐 Make Your Dreams Come True With Mumbai E...
 
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Koregaon Park Call Me 7737669865 Budget Friendly No Advance Booking
 
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
Vasai-Virar High Profile Model Call Girls📞9833754194-Nalasopara Satisfy Call ...
 
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...Top Rated  Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
Top Rated Pune Call Girls Dighi ⟟ 6297143586 ⟟ Call Me For Genuine Sex Servi...
 
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbaiVasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
Vasai-Virar Fantastic Call Girls-9833754194-Call Girls MUmbai
 
W.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdfW.D. Gann Theory Complete Information.pdf
W.D. Gann Theory Complete Information.pdf
 
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
20240419-SMC-submission-Annual-Superannuation-Performance-Test-–-design-optio...
 
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...Booking open Available Pune Call Girls Talegaon Dabhade  6297143586 Call Hot ...
Booking open Available Pune Call Girls Talegaon Dabhade 6297143586 Call Hot ...
 
Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432Best VIP Call Girls Morni Hills Just Click Me 6367492432
Best VIP Call Girls Morni Hills Just Click Me 6367492432
 
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
Vip Call US 📞 7738631006 ✅Call Girls In Sakinaka ( Mumbai )
 
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
Mira Road Awesome 100% Independent Call Girls NUmber-9833754194-Dahisar Inter...
 
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance BookingCall Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
Call Girls Rajgurunagar Call Me 7737669865 Budget Friendly No Advance Booking
 

Embedding Innovation in the U.K. Insurance

  • 1. Underpinning Transformational Change and Embedding Innovation In The U.K. Insurance Sector: What Does It Mean In Practice?
  • 2.
  • 3.
  • 4. Lines Of Business Serviced Personal Lines Commercial Lines                                 Agency Management Annuities Pensions Health Liability Life Sales and Customer Service New Business Quotes / Cancellation / Setup Policy Administration Claims Management Inbound Customer Service Centers Shared Services Across All Product lines Finance and Accounting, Business Transformation, Research and Analytics
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 13.
  • 14.
  • 15.
  • 16. What Are The Opportunities For The Board Room
  • 17.
  • 18. The Key To Transformation And Development Of A Strong Future Strategy
  • 19.
  • 20.
  • 21. www.wns.com This presentation and any files attached and/or transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. No part of this presentation may be given, lent, resold, or disclosed to any unintended recipients or exploited for any commercial purposes. If you are not the intended recipient and you have received this presentation in error, please return this material to the sender immediately and forthwith delete and destroy the presentation including any copies thereof from your records. We hereby notify that disclosing, distributing, copying, reproducing, storing in a retrieval system, or transmitting in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, or taking any action in reliance on the contents of the presentation in its entirety or any part thereof is strictly prohibited without the prior written consent of WNS, such consent being given at the sole discretion of WNS. Any views or opinion expressed in this presentation are those of the author and do not necessarily represent that of WNS. WNS makes no representations and to the full extent permissible by applicable law, WNS disclaims any warranties of any kind, express or implied, including any warranty of merchantability, accuracy, fitness or applicability for a particular purpose, and non-infringement of third party rights, as to the information, content and materials. For more outsourcing solutions for insurance industry visit www.wns.com/services/insurance Gate No.4, Godrej & Boyce Complex Pirojshanagar, Vikhroli West, Mumbai 400 079 Tel : +91 22 4095 2100 Fax : +91 22 2518 8350 420 Lexington Avenue Suite 2515 New York, NY 10170 Tel : +1 212 599 6960 Fax : +1 212 599 6962 EUROPE The Lodge Harmondsworth Lane West Drayton, Middlesex UB7 0AB Tel : +44 208 754 8289 Fax : +44 208 754 8307 INDIA NORTH AMERICA