“We live in a world that seems to be filled with much more risk than ever before. Whether that’s a perception or reality, the truth is that this is probably the most challenging period in the history of the Insurance Industry.” Today’s market is far more competitive as banks and brokerages have all gotten into the game while insurance companies are offering a greater range of financial products. Regulations are growing more complex and varied while technology is enabling businesses and consumers to shop on-line for the lowest rates. Some insurance companies are having success at adapting to this new environment. They have harnessed technology to help them migrate from a product-centric to a more consumer-centric approach. They are using technology to focus increasingly on managing and cross-selling financial services products, to accelerate revenue growth, and to explore integration of multiple distribution channels. At the same time, there is growing pressure to lower operating costs and more effectively define and realize the benefits of strategic information technology investments themselves into universal banks and financial services supermarkets. Bearing Point’s team of insurance professionals average over 13 years of industry experience, and are organized around specific insurance segments to offer end-to-end results in: