A consulting firm said insurance companies and investment managers are helping it create a “groundbreaking” database that gathers information helpful to insurance companies with asset management outsourcing decisions.
The Insurance Asset Outsourcing Exchange, a service sponsored by consultant Eager Davis & Holmes, is gathering information from insurance companies and investment managers on a confidential basis, aggregating and analyzing the data, and will share the information with Exchange participants, the company said.
Eager Davis & Holmes explained that insurance companies will benefit from specific knowledge about the types of investment mandates their peers are outsourcing and which investment managers they hire.
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