Global Actuarial Services Category - Procurement Market Intelligence Report
About Actuarial Services
The global blister packaging market is driven by the emergence of microinsurance in developing countries. Several insurance firms are currently tapping the microinsurance market as their products are characterized by low premiums making them accessible to low-income groups in developing countries.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the actuarial services market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, global actuarial services market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Actuarial Services Category - Procurement Market Intelligence Report
SpendEdge recognizes the following companies as the key suppliers in the global actuarial services:
Commenting on the report, an analyst from SpendEdge said: “Buyers should conduct a comprehensive model validation.”
According to the report, the emergence of microinsurance in developing countries is one of the key drivers for the growth of this market as several insurance firms are currently tapping the microinsurance market. Their products are characterized by low premiums making them accessible to low-income groups in developing countries.
Further, the report states that the difficulty in assessing the efficacy of the modeling technique is one the challenges faced by the buyers in this industry. As a result, buyers must conduct tests and reviews to understand how the model works.
Milliman, PricewaterhouseCoopers, EY, Deloitte, KPMG
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