Global Claims Processing Services Market - Procurement Intelligence Report
About Claims Processing Services Market
Claims processing refers to the fulfillment of insurers' obligation to receive, investigate, and take necessary actions upon receiving a claim from an insured individual. Factors that determine the insurers' obligation include coverage provided by the insurance policy and the circumstances in which the loss event occurs. The spend momentum of this market will be attributed to the increase in the spend growth of the healthcare claims processing segment owing to the rapid growth of the healthcare market and several reforms and initiatives undertaken by governments in countries such as India and the US to encourage health insurance.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Claims Processing Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Claims Processing 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 in 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.
Category driver
- Adoption of new enterprise applications to improve productivity and efficiency
- For a full, detailed list, view our report
- Ensure effective demand forecasting and governance
- For a full, detailed list, view our report
- Evaluation of value-added services provided by suppliers
- For a full, detailed list, view our report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
- PART 01: EXECUTIVE SUMMARY
- PART 02: MARKET INSIGHTS
- Global category spend
- Category spend growth
- Spend segmentation by region
- Regional spend dynamics
- Regional influence on global spend
- Regional spend opportunity for suppliers
- PART 03: CATEGORY PRICING INSIGHTS
- Pricing outlook
- Supplier cost structure
- Outlook for input costs
- Total cost of ownership analysis
- Overview of pricing models
- Comparison of pricing models
- Supply chain margins
- Cost drivers: Impact on pricing
- Volume drivers: Impact on pricing
- PART 04: COST-SAVING OPPORTUNITIES
- Supplier-side levers
- Buyer-side levers
- Quantifying cost-saving opportunities
- Quantifying cost savings by negotiation strategies
- PART 05: BEST PRACTICES
- Innovation and success stories
- Procurement excellence best practices
- Procurement best practices
- Sustainability practices
- Sustainability best practices
- PART 06: CATEGORY ECOSYSTEM
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Buyer power
- Supplier power
- Threat of new entrants
- Threat of substitutes
- Buyer ecosystem
- Supplier ecosystem
- PART 07: CATEGORY MANAGEMENT STRATEGY
- Category management objectives
- Supplier and buyer KPIs
- Outsourcing category management activities
- Risk management
- PART 08: CATEGORY MANAGEMENT ENABLERS
- Procurement organization
- Category enablers
- PART 09: SUPPLIERS SELECTION
- RFx essentials
- Supplier selection criteria
- Service level agreement
- Incumbent supplier evaluation metrics
- PART 10: SUPPLIERS UNDER COVERAGE
- Overview
- Supplier positioning
- Profile: Marsh & McLennan Companies Inc.
- Profile: Crawford & Co.
- Profile: Arthur J. Gallagher & Co.
- Profile: Chubb Group Holdings Inc.
- Profile: Allianz SE
- Profile: AXA Group
- PART 11: US MARKET INSIGHTS
- Category spend in the US
- Pricing outlook
- Supplier cost structure in the US
- Margins of suppliers in the US
- Category cost drivers
- Category volume drivers
- Overview of best practices in the US
- Procurement best practices in the US
- US supply market overview
- Supplier positioning for the US
- Regional category risks
- PART 12: CATEGORY DEFINITION
- Category hierarchy
- Category scope
- Category map
- PART 13: APPENDIX
- List of abbreviations
- Key notes
- Global category spend (2019-2024)
- Category spend growth (2019-2024)
- Regional split of spend
- Regional comparison
- Comparison of category maturity across regions
- Regional spend opportunity for suppliers (2019-2024)
- Category pricing dynamics
- Supplier cost breakup
- Input cost dynamics
- Total cost of ownership model
- Benefit comparison of pricing models
- Pricing models – Comparison matrix
- Supplier margin analysis
- Margin analysis across supply chain
- Cost drivers
- Volume drivers
- Cost-saving opportunities: Supply-side levers
- Cost-saving opportunities: Demand-side levers
- Cost-saving opportunity matrix
- Negotiation grid
- Innovation and success stories
- Procurement excellence summary: Impact on the category
- Supplier relationship management metrics
- Strategic sourcing and category management metrics
- Technology-facilitated procurement metrics
- Procurement best practices dashboard
- Sustainability practices: Impact on the category
- Sustainability best practices
- Market environment score
- Market competitiveness score
- Buyer power score
- Supplier power score
- Ease of market entry score
- Ease of substitution score
- Buyer ecosystem: Outlook
- Supplier ecosystem: Outlook
- Ecosystem disruption threats
- Key category management objectives
- Supplier KPI dashboard
- Buyer KPI dashboard
- Category management enablers
- Risk management matrix
- Procurement model
- Category enablers: Technology
- RFx questions
- Phase I RFI considerations
- SLA terms
- Service provider performance benchmarking criteria
- Supplier operational capability matrix
- Supplier positioning matrix
- Marsh & McLennan Companies Inc. – Key information dashboard
- Crawford & Co. – Key information dashboard
- Arthur J. Gallagher & Co. – Key information dashboard
- Chubb Group Holdings Inc. – Key information dashboard
- Allianz SE – Key information dashboard
- AXA Group – Key information dashboard
- US category spend (2019-2024)
- Category pricing dynamics
- Supplier cost breakup
- Supplier margin analysis
- Margin analysis across supply chain
- Cost drivers
- Volume drivers
- Procurement excellence summary: Impact on category
- Supplier relationship management
- Strategic sourcing and category management
- Technology-facilitated procurement
- Procurement best practices dashboard
- Supplier operational capability matrix
- Supplier positioning matrix
- Risk management matrix
- Category definition
- Category nuances
- Importance of category relative to other categories
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