Wipro rated as “high performer” in HfS blueprint report on insurance BPO

BANGALORE, INDIA & NEW JERSEY, USA: Wipro BPO has been positioned among the top worldwide Insurance BPO services providers by the leading analyst firm HfS Research in its "Blueprint Report on Insurance BPO," authored by analyst Reetika Joshi.

The HfS Blueprint identifies relevant differentials between service providers across numerous facets in two main categories: innovation and execution.

The global insurance BPO market is seen growing at a CAGR of 4.6 percent to reach $6.19 billion in 2018 from $4.72 billion in 2013. For the scope of this study, HfS has excluded the traditional third party administrator adjustment segments, as they believe the competitive dynamics of the outsourcing provider group is unique.

According to the report, Wipro has been ranked a "High Performer" for demonstrating strong execution skills and innovation in the existing market share.