Seeking greater focus

The popularity of companies outsourcing services and operations has grown considerably over recent years. Paul Lang looks at how outsourcing works and how a company can keep a tight rein on its operations and focus them in the right areas

The aim of outsourcing is to achieve efficiencies and cost savings by contracting to third-party specialists, while focusing on your organisation's core activities.

Services such as catering, print work and back-office functions are commonly outsourced by businesses - sometimes for short-term reasons and without deep consideration.

Many insurance brokers choose to include ongoing IT and Financial Services Authority (FSA) compliance administration among services they are prepared to be managed by

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Polaris at 30 – Jackie Childs

In the concluding instalment of Polaris at 30, senior business analyst at the insurance industry-owned organisation Jackie Childs rounds up the progress on digital trading moving from monthly personal lines updates sent out on floppy discs to the new era of risk and rating dexterity that can only be supported electronically.

Polaris at 30 – Phil Bayles

In the final day of the Polaris at 30 Q&A series Ardonagh’s Phil Bayles assesses the development of digital trading from slow, cumbersome and inflexible systems to becoming mainstream.

Polaris at 30 – Derek Cowie

Derek Cowie started working at General Accident (now Aviva) in 1992. Polaris was founded in 1994 launching digital trading platform imarket in 2004.

Polaris at 30 – Theo Duchen

Acturis Group co-CEO Theo Duchen delivers the third Q&A of the Polaris at 30 series and details the collective goal that would put “the UK light years ahead of any other market”.

Polaris at 30 – Stuart Reid

In the second Q&A instalment of the Polaris at 30 series, chair of Partners& Stuart Reid shares memories of the industry moving from paper rating guides to digital trading and his view on the “plainly daft” frustration in e-trading today.

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