Insurance
Capability Overview
With a track record encompassing 150 adhoc projects and several hundred rapid research assignments across life and non-life products in both developing and emerging economies, Aranca is a valued research partner to several global insurance companies, brokers and reinsurers.
To sustain growth in revenues and profits within a sluggish global economic environment, insurance companies are constantly required to develop innovative strategies and tactics with respect to product design, pricing, positioning, retaining / acquiring customers, enhanced distribution effectiveness and expansion in emerging markets – all of which can be more effective with timely, accurate and insightful market intelligence.
Decision makers in insurance companies engage Aranca for a variety of research needs - ranging from periodic tracking of markets trends, competition activities, product introductions to business development support e.g. call prep sheets for targeting corporate accounts, up-sell / cross-sell analytics, prospect databases and adhoc projects to support strategic initiatives around growth, diversification or other operational aspects.
Aranca: Research Experience in Insurance Sector
- Protection plans
- Investment plans
- General lines
- Commercial lines
- Fee for Service
- Preferred Provider (PPO)
- Point of Service (POS)
- Health Maintenance (HMO)
- Individuals
- Corporate Accounts
- USA
- Canada
- India
- China
- South American countries
- Eastern Europe
- Western Europe
- Africa
- Government policies
- Country reports
- Market attractiveness assessments
- Growth forecasts
- Competition insights
- Distribution
- Call prep sheets (B2B sales)
- Sales and business development
- Technology & innovation trends
- Cross and up-sell analytics
- Newsletters: Industry / competition
Assignment Examples
Aranca’s research experience in the insurance sector spans across different types of life and non-life products and analysis of market and competition dynamics in over 20 countries. Illustrative examples of recent work that we have conducted include:
- Market study on reinsurance in GCC countries
- Market assessment and competitors’ strategies for risk products in South Africa
- Research report on Life Insurance Settlements in USA
- Opportunity assessment for insurance products in US HNI segment
- Market study on franchise insurance in UK
- Study on Extended Warranty, Home and Auto Insurance in Germany
- Opportunity assessment study on selling insurance products through ‘Employer’ as channel in USA
- Report on distribution channels of specific insurance companies across ten Asia-Pacific countries
- Research study on Payment Protection Insurance in France
- Research report on sales channel share for different insurance products in EU15 countries
- Research study on market potential for expatriate health insurance
- Market reports on insurance sector in fifteen Middle East and North African economies
- Opportunity assessment for health management services in India and China
- Market report on insurance sector in Central & Eastern European countries
- Analysis of risks and insurance requirements for companies in Indonesia’s Agriculture/ Palm oil sector
- Research report on ‘group life insurance’ in Latin American countries
- Study of life and health insurance market in Canada
