Question: . Please prepare a SWOT Analysis ( strengths , weaknesses, opportunities, threats ) , assuming AIC chooses to fully outsource the subrogation area of their
Please prepare a SWOT Analysis strengths weaknesses, opportunities, threats assuming
AIC chooses to fully outsource the subrogation area of their business. This SWOT analysis
can focus on the qualitative considerations of this outsourcing decision.
Using the data set in an Excel file that accompanies this case, please calculate and fillin
the missing values based on AICs performance. These calculations are essential for
conducing this case analysis and recommendation.
How does your client's subrogation claims efforts compare to the insurance industry?
Is your client doing better or worse than the industrys Total Universe?
Is your client doing better or worse than the industrys High Performers?
Are there certain types of claims eg personal vs commercial vs nonstandard autos that
they are better at than other types?
Should AIC outsource their subrogation claims to a specialty firm? Should they outsource
the entire subrogation process or just portions of it
What consequences positive or negative could outsourcing have to your clients interaction
with customers? Should the outsourcing specialty firm been viewed as an integrated partner
or a service provider?
What Key Performance Indicators KPI would you include on an executive level digital
dashboard to manage the operations of outsourcing subrogation claims? Are there additional
metrics that would be useful in making this decision?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
