INSURANCE

You might think the insurance industry had a monopoly on risk management, but non-traditional business risk has challenged the foundations of this embattled sector in recent years. Terrorist attacks and unprecedented natural disasters have forced insurance companies to make huge payouts and the global industry is feeling the heat. Escalating expenses are outpacing income and the pressure is on to increase sales in new markets.

Asia is a prime target for industry growth as its emerging economies promise high rates of growth in sales and investments. The insurance sector is also looking to Asia to outsource its customer service division in low-cost call centers. But, in an industry based on risk, you really have to know your local business and political environment to be successful.

Pacific Strategies & Assessments (PSA) can help chart the waters of unfamiliar markets in Asia. We offer comprehensive business intelligence services that keep you up to date with the latest political, security and business developments. We provide thorough and discreet investigations that can help you sift through bogus claims and we are experienced partners in specialized insurance areas such as kidnap for ransom.

The following services are of particular interest to the insurance sector:

• Customized political, security, and business analysis
• Market entry consulting
• Political risk consulting
• Due diligence
• Fraud investigation
• Computer forensics
• Background screening
• Security consulting
• Kidnap and extortion response

For further information on PSA's services for the insurance sector, please contact info@psagroup.com or contact your nearest PSA office.