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Outsourcing to Contract Research Organizations (CROs) has become a widespread practice by pharmaceutical and biotechnological firms seeking to reduce risks and costs associated to the development of new products. This paper analyzes empirically the efficiency of the CROs industry by looking at a...
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This study applies two non-parametric approaches i.e: data envelopment analysis (DEA) to investigate cost efficiency and total factor productivity (TFP) indices among 118 insurance firms both life and property-casualty in Indonesia over 2006-2008. It finds that the on average, all the firms are...
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The size of the global marine insurance market in 2018 was approximately $30 billion, but low levels of profitability are common due to intense competition and complex risk assessment problems. Concirrus, an Insurance Technology (InsurTech) disruptor, is transforming the assessment of marine...
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