With the pace of change in the global economy, it is hard to stay current on the business trends and developments impacting the insurance industry. Insurance Briefing has been created as a vehicle to bring timely briefings and insights that will help insurance professionals make more informed business decisions. Our ambition is to be highly relevant and publish issues when there is a need for perspective on significant events that are shaping the insurance sector.
The use of competitive benchmarking in support of performance-related decisions can be a "game changing" difference for management. Effective benchmarking can help to differentiate winners and losers in the insurance marketplace.
In particular, we will consider how benchmarks enable management to make better decisions, review options for companies to attain benchmarks, and present a benchmarking case study.