A recent KPMG report reveals that revenues from outsourced insurance processes in India will touch $2 billion by 2010. In line with this more than total numbers of people working in this sector will exceed 100,000 employees. Presently insurance BPO sector employs approximately 42,000 people and responsible for generating $970 million of revenue. 
When outsourcing began in India, Insurance companies first were averse of the trend. One of the slowest adopters to outsourcing and off shoring, somewhat rigid Insurance sector, however, experienced some astonishing result in the last few years. Since then, there have been no stopping of multinational companies coming to India to taste the water and spruce up bottom line.
Leading names in the sector includes Prudential Inc, Aviva and AXA. Genpact, WNS and EXL also exist. In the days to come, IBM, Infosys (Progeon) and TCS may join the fray.
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