ENABLING SMART PROCUREMENT

  • Published in: Jun 2017
  • Pages: 70
  • SKU: IRCMSTR13924

Global Actuarial Services Category - Procurement Market Intelligence Report

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SpendEdge’s Actuarial Services Procurement Research Report is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Actuarial Services - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global actuarial services market is the emergence of microinsurance in developing countries. 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.

 

Actuarial Services – Procurement Best Practices

Buyers should conduct a comprehensive model validation. This should include detailed recalculations to validate the math and ensure appropriateness of the model for the specific requirement. It should be applicable to a diverse set of models and be consistent with the prevailing industry practices.

 

 Actuarial Services - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is difficulty in assessing the efficacy of the modeling technique. SpendEdge’s procurement specialists predict that the buyers must conduct tests and reviews to understand how the model works. They should also include a high penalty clause for any miscalculations that arise from using the financial model.

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

Read less

Key Features of Report

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Actuarial Services - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global actuarial services market is the emergence of microinsurance in developing countries. 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.

 

Actuarial Services – Procurement Best Practices

Buyers should conduct a comprehensive model validation. This should include detailed recalculations to validate the math and ensure appropriateness of the model for the specific requirement. It should be applicable to a diverse set of models and be consistent with the prevailing industry practices.

 

 Actuarial Services - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is difficulty in assessing the efficacy of the modeling technique. SpendEdge’s procurement specialists predict that the buyers must conduct tests and reviews to understand how the model works. They should also include a high penalty clause for any miscalculations that arise from using the financial model.

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

  • Market Overview
  • Category Maturity by Regions
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities
  • Major Category Requirements
  • Major Procurement Pain Points

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Key Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Procurement Best Practices
  • History of Innovation
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • PorterÔÇÖs Five Forces
  • SWOT Analysis
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region:  Functional Capability Matrix
  • Key Clients
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
  • Supplier Selection Criteria

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models ÔÇô Pros and Cons
  • Indicative Wages
  • Category Negotiation Strategies

PART 6: CATEGORY ESSENTIALS

  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS

  • Milliman
  • PricewaterhouseCoopers
  • EY
  • Deloitte
  • KPMG

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

  • Market Overview
  • Category Maturity by Regions
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities
  • Major Category Requirements
  • Major Procurement Pain Points

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Key Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Procurement Best Practices
  • History of Innovation
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • PorterÔÇÖs Five Forces
  • SWOT Analysis
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region:  Functional Capability Matrix
  • Key Clients
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
  • Supplier Selection Criteria

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models ÔÇô Pros and Cons
  • Indicative Wages
  • Category Negotiation Strategies

PART 6: CATEGORY ESSENTIALS

  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS

  • Milliman
  • PricewaterhouseCoopers
  • EY
  • Deloitte
  • KPMG

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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