LONDON--(BUSINESS WIRE)--May 17, 2018--Global procurement intelligence advisory firm, , has announced the release of their This report breaks down the data and analysis behind the procurement of Professional Indemnity Insurance and acts as an all-inclusive guide to enable smarter procurement. Our reports from the analyze the market for both the buyers’ and suppliers’ perspective. It also offers buyers with information on the sustainability practices to help the buyers optimize their spend.

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Professional Indemnity Insurance Procurement Report. (Graphic: Business Wire)

“Engaging with the suppliers who provide timely payment of professional indemnity claims is one of the procurement best practices for buyers looking to achieve cost-savings,” says SpendEdge procurement analyst Tridib Bora. “Also, the suppliers who have the ability to offer quality in their services in terms of speed and accuracy are the preferred suppliers among the buyers,” added Tridib.

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SpendEdge sample reports are free of charge and provide insights that focus on the cost-saving aspects of procurement and the optimization of category spend.

Procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for Professional Indemnity Insurance.

Rapid urbanization across emerging markets The adoption and implementation of digital technologies The shift from agro-based or industrial economy to a service-driven economy

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Report scope snapshot: Professional Indemnity Insurance category

Market Insights:

Global category spend Category spend growth Regional influence on global spend To know more, .

Category Pricing Insights:

Pricing outlook Overview of pricing models Supply chain margins To know more, .

Cost-Saving Opportunities:

Supplier side levers Buyer side levers Quantifying cost savings by negotiation strategies To know more, .

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.

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CONTACT: SpendEdge

Anirban Choudhury

Marketing Consultant

US: +1 630 984 7340

hello@spendedge.com

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 05/17/2018 11:31 AM/DISC: 05/17/2018 11:31 AM

http://www.businesswire.com/news/home/20180517005493/en