Joseph Pursley, Director – Insurance, Allianz Global Investors
49% of US insurers report outsourcing to a third-party asset manager. Traditionally, large insurers have looked to manage investments in-house and smaller insurers relied on external managers. As insurers seek exposure to specialised, diversifying strategies, outsourcing investments to external managers is becoming more prevalent for insurers of all sizes and descriptions. Panelists weigh in on the benefits of outsourcing investments versus going the in-house route.