Outsourcing has long played a key role in IT as insurers look for ways to reduce cost, scale efficiently, and access talent. While insurers have traditionally opted for offshoring, growing concerns around data security, reliability, and coordination challenges are prompting insurers to examine another outsourcing approach that is closer to homebase and yet provides similar benefits: nearshoring.

This report examines outsourcing options available to insurers and provides a framework that insurance IT leaders should consider in tailoring their choices to align with business priorities and constraints. It is based on Datos Insights’ industry knowledge and conversations with Datos Insights clients and council members.

Clients of Datos Insights’ Life, Annuities, & Benefits and Property & Casualty services can download this report.