Perr & Knight, the Los Angeles-based business services firm, announced the creation today of a business process outsourcing division to service the property-casualty insurance industry.
The company, which provides specialized actuarial, regulatory compliance and competitive intelligence services to insurers, reinsurers, captive insurers and self-insurers, said the new outsourcing unit will be headed by Rob Berg.
According to Perr & Knight, its new High-Value Business Process Outsourcing (HV-BPO) division is the first to offer outsourcing centralized management of actuarial services, regulatory compliance and competitive intelligence administered by a single point of contact. Services will be bundled with management consulting expertise and best practices training for quality assurance.
The company said its outsourcing operation will enable insurance companies "to respond rapidly and better capitalize on changing market cycles by utilizing highly experienced, expert resources on demand, rather than maintaining excess personnel during hard markets or scrambling to gear up during soft markets."
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