Connect with us
European Gaming Congress 2024

Artificial Intelligence

Insurance Analytics Market Size is projected to reach USD 39 Billion by 2030, growing at a CAGR of 14.4%: Straits Research

Published

on

New York, United States, July 20, 2022 (GLOBE NEWSWIRE) — Insurance analytics is the process of gathering, evaluating, and extracting useful information from a variety of data sources. Furthermore, insurance analytics play a significant role in pricing and risk selection, identifying clients in danger of cancellation, identifying fraud risk, focusing on customer loyalty, and revolutionizing the claims process. In addition, insurance companies are progressively embracing and deploying advanced analytical tools to help them develop their businesses, eliminate fraud, and accurately estimate risk for underwriting.

Adoption of these technologies is aided by a significant demand for and implementation of advanced technology and the supply of integrated and value-added services to clients. Furthermore, because consumers prefer to acquire online rates and personalized insurance solutions from different providers 24 hours a day, seven days a week, this fosters competition among companies in the market. As a result, the insurance analytics market is expected to develop.

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/insurance-analytics-market/request-sample 

Increase in Adoption of Advance Technologies to Drive the Global Insurance Analytics Market

Cloud computing, application programming interfaces (APIs), data analytics, artificial intelligence, robotic process automation (RPA), chatbots, and machine learning have grown popular in the insurance sector. Furthermore, companies in this area prefer integrated customized services, which has resulted in a surge in the use of insurance analytics solutions around the world.

Advertisement
Stake.com

Furthermore, there is a substantial need for the implementation of advanced technologies, as well as delivering integrated and value-added services to clients, which encourages technology adoption. As a result, the market is expected to rise as more technologies are implemented to minimize operational costs and enhance convenience and efficiency services.

Surge in Fraudulent Activities to Provide Opportunities for the Global Insurance Analytics Market 

Padding, inflating claims, faking accidents, lying on an insurance application, and making claims for injuries or damage that never occurred are just a few of the major insurance scams. Internal fraud, rate evasion, underwriting fraud, claims fraud, and cybersecurity fraud is committed by applicants, policyholders, third-party claimants, and professionals offering services to claimants at various points in the process. As a result of the significant increase in fraudulent activities, insurance companies are projected to implement insurance analytics solutions in the following years. For example, the Coalition Against Insurance Fraud, in collaboration with SAS Institute Inc., predicted that around 10% of property-casualty insurance claims and loss adjustment expenditures would cost USD 34 billion annually in 2018. As a result, the industry’s demand for insurance analytics is likely to rise.

Report Scope

Report Metric Details
Market Size USD 39 Billion by 2030
CAGR 14.4% (2022-2030)
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Component, Deployment Model, Enterprise Size, Application, End-User, Region
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Applied Systems, IBM Corp, Open Text Corporation, Oracle, Pegasystems Inc, Microsoft, Salesforce.com Inc, SAP SE, SAS Institute Inc, Vertafore, Inc
Key Market Opportunities The surge in Fraudulent Activities
Key Market Drivers Increase in Adoption of Advance Technologies
Rise in Competition in the Insurance Sector

Buy Now Full Report @ https://straitsresearch.com/buy-now/insurance-analytics-market 

Advertisement
Stake.com

Regional Insights

Region-wise, the global insurance analytics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

North America was the highest revenue contributor and is estimated to grow at a CAGR of 13% during the forecast period. Insurers are using analytical tools to provide early insights for insurers to reduce potential risks for policyholders. In addition, these advanced analytical tools require vital research in data and thorough processing to get accurate results for decision making. These factors, as a result, propelling market growth in the region. Furthermore, technological advancements and investments in advanced analytics in the insurance field are significant growth factors for developing the insurance analytics market. On the contrary, national & regional laws that manage insurers and general data use in North America present an opportunity for future insurance analytics market growth.

Asia-Pacific is the fastest-growing region. In addition, various governments across Asia-Pacific are encouraging & supporting the insurance industry by implementing advanced analytical tools & boost the revenue of their business operations. Moreover, the Asia-Pacific is predicted to grow faster with its rapid adoption of insurance technology. Furthermore, strong economic growth, rapid digitalization, and adoption of cloud-based services offer significant opportunities for market growth in the region.

Europe is the second-largest region. The Europe insurance analytics market is projected to reach USD 9215 million by 2030, growing at a CAGR of 14.6%. Demand for this market in the area is driven by continuous technological improvements in the insurance sector and an increase in insurance analytics technology among insurance firms, government agencies, third-party administrators, and brokers & consultancies. In addition, insurance companies in Europe are using analytical tools to lower regulatory risks and claim processing costs, helping the region’s industrial growth. Insurance analytics are being used by companies in various European countries, including the United Kingdom, Germany, and France, due to their successful solutions for expediting claim processes, improving premium collection processes, and creating operational efficiency. Insurance analytics also aid in identifying traits and determinants for possible risk groupings, resulting in more accurate claim projections and risk evaluations. These are the primary drivers of the insurance analytics market.

Advertisement
Stake.com

Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/insurance-analytics-market/request-sample 

Key Highlights

  • The global insurance analytics market was valued at USD 12 billion in 2021 and is projected to reach USD 39 billion by 2030, growing at a CAGR of 14.4% during the forecast period (2022-2030).
  • By component, the global insurance analytics market is bifurcated into solutions and services. The solution segment was the highest contributor to the market and is estimated to grow at a CAGR of 13.7% during the forecast period. Insurance analytics software aids businesses in boosting performance through predictive analytics, improving customer experience, improving risk assessments, lower claims processing costs, and ensuring long-term corporate success. As a result of these factors, the worldwide insurance analytics market is expected to rise.
  • Based on enterprise size, the global insurance analytics market is segmented into large enterprises and small & medium enterprises (SMEs). The large enterprise segment was the highest contributor to the market and is estimated to grow at a CAGR of 14% during the forecast period. Large businesses are subject to significant risk, including the possibility of theft, fraud, and financial losses. As a result, insurance analytics aids in the mitigation of such risk factors and the proactive management of risks. As a result, the rise in the number of security challenges within considerable corporations fuels market growth.
  • By application, the global insurance analytics market is segmented into claims management, risk management, customer management, sales & marketing, and others. The risk management segment was the highest contributor to the market and is estimated to grow at a CAGR of 12.6% during the forecast period. Insurance analytics aid in the efficiency of claim procedures by incorporating techniques such as predictive analytics into the claims management process to aid decision-making. Furthermore, analytical techniques allow for early detection of intricate claims, rapid tracking of non-complex claims, and accurate identification of recoverable claims. These are the major market trends predicted to drive the insurance analytics market forward.
  • Based on end-user, the global insurance analytics market is segmented into insurance companies, government agencies, third-party administrators, brokers, and consultancies. The insurance companies segment was the highest contributor to the market and is estimated to grow at a CAGR of 13.3% during the forecast period. The increased need to be competitive in the global market and the widespread acceptance of insurance have prompted insurance businesses to turn to analytics solutions. Furthermore, in the insurance sector, digital transformation in analytics applications propels radical breakthroughs in product delivery and operational business models. As a result of these considerations, the adoption of analytical solutions by insurance companies is on the rise.  

Competitive Landscape

  • Applied Systems
  • IBM Corp
  • Open Text Corporation
  • Oracle, Pegasystems Inc
  • Microsoft
  • Salesforce.com Inc
  • SAP SE
  • SAS Institute Inc
  • Vertafore, Inc

Global Insurance Analytics Market: Segmentation

By Component

  • Solution
  • Services

By Deployment Model

  • On-premises
  • Cloud

By Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By Application

  • Claims Management
  • Risk Management
  • Customer Management
  • Sales & Marketing
  • Others

By End-User

  • Insurance Companies
  • Government Agencies
  • Third-party administrators, brokers, and consultancies

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

TABLE OF CONTENT

  1. Introduction
    1. Market Definition
    2. Market Scope
  2. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  3. Market Overview
    1. Report Segmentation & Scope
    2. Value Chain Analysis: Insurance Analytics Market
    3. Key Market Trends
      1. Drivers
      2. Restraints
      3. Opportunities
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
    5. Market Share Analysis
  4. Component Overview
    1. Introduction
      1. Market Size & Forecast
    2. Solution
      1. Market Size & Forecast
    3. Services
      1. Market Size & Forecast
  5. Deployment Model Overview
    1. Introduction
      1. Market Size & Forecast
    2. On-premises
      1. Market Size & Forecast
    3. Cloud
      1. Market Size & Forecast
  6. Regional Overview
    1. Introduction
      1. Market Size & Forecast
    2. America
      1. North America
      2. U.S.
        1. By Component
        2. By Deployment Model
      3. Canada
        1. By Component
        2. By Deployment Model
      4. Mexico
        1. By Component
        2. By Deployment Model
      5. Latin America
        1. By Component
        2. By Deployment Model
    3. Europe
      1. Market Size & Forecast
      2. Germany
        1. By Component
        2. By Deployment Model
      3. France
        1. By Component
        2. By Deployment Model
      4. U.K.
        1. By Component
        2. By Deployment Model
      5. Italy
        1. By Component
        2. By Deployment Model
      6. Spain
        1. By Component
        2. By Deployment Model
      7. Rest of Europe
        1. By Component
        2. By Deployment Model
    4. Asia Pacific
      1. Market Size & Forecast
      2. Japan
        1. By Component
        2. By Deployment Model
      3. China
        1. By Component
        2. By Deployment Model
      4. Australia
        1. By Component
        2. By Deployment Model
      5. India
        1. By Component
        2. By Deployment Model
      6. South Korea
        1. By Component
        2. By Deployment Model
      7. Rest of Asia-Pacific
        1. By Component
        2. By Deployment Model
    5. Middle East & Africa
      1. Market Size & Forecast
      2. Saudi Arabia
        1. By Component
        2. By Deployment Model
      3. South Africa
        1. By Component
        2. By Deployment Model
      4. Kuwait
        1. By Component
        2. By Deployment Model
      5. Rest of Middle East & Africa
        1. By Component
        2. By Deployment Model
  7. Company Profile
    1. Applied Systems
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    2. IBM Corp
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
    3. Open Text Corporation
      1. Company Overview
      2. Financial Performance
      3. Recent Developments
      4. Product Portfolio
  8. Conclusion & Recommendation
  9. Acronyms & Abbreviations

Table of Content and Figure @ https://straitsresearch.com/report/insurance-analytics-market/toc 

Market News

  • May 2022 – EY and IBM announce an alliance expansion through a new initiative to help businesses around the world address some of the most pressing workforce challenges in the wake of the COVID-19 pandemic, including employee recruiting, retention, upskilling, and the need to transform HR systems technology at speed and scale.

News Media

COVID-19 is Likely to Make Significant Impact in the Adoption of Insurance Analytics Market

Advertisement
Stake.com

An Introduction to Content Analytics

Have a Look at the Related Research Report

Insurance Third Party Administration Market: Information by Insurance Type (Health Insurance, Retirement Plans, Commercial General Liability Insurance), and Region — Forecast till 2030

Specialty Insurance Market: Information by Type (Marine, Aviation and Transport), Distribution Channel (Brokers, Non-Brokers), End-User (Business), and Region — Forecast till 2030

Trade Credit Insurance Market: Information by Component (Products, Services), Coverage (Whole Turnover, Single Buyer), Enterprise Size (Small, Medium, Large), and Region — Forecast till 2030

Advertisement
Stake.com

Health Insurance Market: Information by Distribution Channel (Direct Sales, Banks), Insurance Type (Diseases Insurance), Coverage (Point Of Services), and Region – Forecast till 2030

Fire Insurance Market: Information by Coverage (Standard Coverage, Optional Coverage), Enterprise Size (Large Enterprises, SME’s), and Region — Forecast till 2030

Audience Analytics Market: Information by Component (Solution and Services), Organization (SME and Large Enterprises), Application, End User and Regional Outlook – forecast till 2026

Graph Analytics Market: Information by Component, Deployment Mode (Cloud), Application (Customer Analytics), Organizational Size, Industry Vertical (SMEs), and Region — Forecast till 2029

About Straits Research Pvt. Ltd.

Advertisement
Stake.com

StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

 Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.

For more information on your target market, please contact us below:

Phone: +1 646 480 7505 (the U.S.)

+91 8087085354 (APAC)

Advertisement
Stake.com

+44 208 068 9665 (the U.K.)

Email: [email protected]

Follow Us: LinkedIn | Facebook | Instagram | Twitter

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Scorpios’ Summer Cultural Series Redefines AI & Visual Art in Mykonos & Bodrum

Published

on

scorpios’-summer-cultural-series-redefines-ai-&-visual-art-in-mykonos-&-bodrum

LONDON, July 3, 2024 /PRNewswire/ — Scorpios, the renowned beach concept and creative gathering place, in partnership with art tech pioneers HOFA Gallery, announces ‘Evolving Perspectives’ the second edition of their Encounters summer arts programme. Running from 18 July to 18 September, this 9-week series expands to take place across Scorpios’ two stunning beachfront locations, Mykonos and the newly opened Bodrum.  Featuring immersive installations and live music performances, the programme will showcase AI and visual artists, headlined by Joseph Klibansky, Random International, and Sougwen Chung – all revered for pushing the boundaries of art and technology.

Building on the success of 2023’s inaugural edition launched with Turkish AI artist and director Refik Anadol, his special collaboration with the Yawanawa Indigenous communities of Brazil’s Amazon, was regarded as a profound exploration of the relationship between human consciousness and nature. Over half a million people attended last year’s programme, generating $3 million in artwork sales, with Refik Anadol’s Yawanawa heritage project alone selling out in hours and raising $1.5 million for the preservation campaign. 
HOFA Co-founder Elio D’Anna says: “The 2023 season of Encounters was a groundbreaking and very successful programme that brought together AI and digital artists, musicians, and an audience of global changemakers and creatives through a series of live performances and installations. 
“This year’s ‘Evolving Perspectives’ programme continues to push boundaries, making it the most exciting synchronisation of visual art and cultural engagement, while also delivering a very powerful message on the power of AI and human-machine collaboration to help us achieve a more harmonious coexistence with nature.” 
The Mykonos lineup headlines Dutch contemporary artist Joseph Klibansky from 18-21 July 2024. Celebrated for his innovative use of technology in art and sculpture, will present ‘Tree of Life’ merging digital art with environmental stewardship. This collection creates a unified visual narrative rich in depth and storytelling, featuring intricate patterns and vibrant colours inspired by nature. The new ‘Tree of Life’ collection includes a large-scale video sculpture installation to be exhibited at Scorpios Mykonos, along with 1,000 unique digitally painted fine art prints with a matching digital companion. Each artwork boasts its own unique traits, ensuring every piece is one-of-a-kind.
Moreover, Klibansky combines visual art with environmental awareness. For every artwork sold, the partnering non-profit One Tree Planted will plant physical trees in the Amazon. 
In Bodrum between 22-25 August 2024, the art group Random International, a German duo with studios in London and Stockholm, will present an immersive installation that invites visitors to engage physically with a seemingly sentient, digital swarm. Titled ‘When Tomorrow Comes’, the work features a custom tracking system and flocking algorithm to create an interactive digital sculpture blending technology with human perception and interaction. 3 sets of 150 limited signed edition prints of ‘When Tomorrow Comes’ will be available for purchase.
A global name in human-machine collaboration, and multi-award winning Chinese-Canadian artist Sougwen 愫君 Chung will perform a live showcase with the robotic system D.O.U.G. (Drawing Operations Unit Generation at Scorpios Bodrum between 5-8 September 2024. The single scheduled performance during that weekend offers a unique opportunity to experience their groundbreaking collaborative work. Chung’s innovative approach to combining human artistry with AI technology has earned them international acclaim, including a spot on TIME Magazine’s TIME100 AI list as one of the world’s most influential people in AI and the TIME Impact Award 2024.
Accompanying the performance will be the debut of ‘Genesis II: Body Machine’, a collection of unique artworks. The works in ‘Body Machine’ speculate on the future of the robotic form intertwined with the human body. Each bespoke work is generated from the artist’s drawing choreography captured in three dimensions and paired with exclusive signed prints. 
All prints and digital artworks will be available for purchase through Scorpios Collect.
The headline artist events are also supported by a programme of featured AI and visual artists, encompassing music into these collaborative events, they will take place throughout the 2024 summer season in both Mykonos and Bodrum. 
Scorpios Co-Founder Thomas Heyne says: “We use digital art to create holistic experiences. Interaction and immersion enhance the overall experience, taking guests on a journey where they feel inspired. We are excited to welcome Joseph Klibansky, Random International, and Sougwen Chung to this year’s Encounters program, showcasing how AI can teach us about living in harmony with nature.”
WWW.THEHOUSEOFFINEART.COMWWW.SCORPIOS.COMWWW.SCORPIOS.COM/ENCOUNTERSWWW.SCORPIOSCOLLECT.COM
Media contact: Emma-Louise O’Neill; [email protected]; +44 7515 136909 
Photo – https://mma.prnewswire.com/media/2452902/Tree_of_Life_Joesph_Klibanksy_HOFA_Gallery.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/scorpios-summer-cultural-series-redefines-ai–visual-art-in-mykonos–bodrum-302188305.html

Continue Reading

Artificial Intelligence

Two Belgian hospitals live with Sectra’s public cloud service for medical imaging based on Microsoft Azure

Published

on

two-belgian-hospitals-live-with-sectra’s-public-cloud-service-for-medical-imaging-based-on-microsoft-azure

LINKÖPING, Sweden, July 3, 2024 /PRNewswire/ — Two hospitals in Belgium are successfully live with the public cloud service from international medical imaging IT and cybersecurity company Sectra (STOCKHOLM: SECT-B). As the first to use Sectra One Cloud in the Benelux countries, the two hospitals have begun experiencing the benefits of a cloud service such as improved ability to share resources between the sites and more streamlined workflows.

In the city of Bruges in Belgium, the hospitals AZ Sint Lucas and AZ Sint Jan began their journey to the cloud following a contract with Sectra signed in 2023. As the first in the Benelux countries to adopt Sectra’s enterprise imaging as a fully managed service in the public cloud, these hospitals have now gone live with the service.
One of the main reasons for this shift was the need to streamline operations and enhance collaboration between the two sites. Since 2021, the 23 radiologists and nine trainees of both hospitals have worked together in one single association. Previously, they were unable to work in one environment as they were using two different PACS providers. This made it much harder to collaborate. This need originates from the challenge many hospitals face today of dealing with heavy workloads. 
“With an aging population come increasing needs. We are already experiencing a lack of resources and heavier workload. With more and more exams to report on and a shortage of staff, our radiologists are having a hard time coping with the everyday workload. A state-of-the art communal PACS system could help streamline workflow and improve efficiency,” says Dr. Jesse Marrannes, radiologist at AZ Sint-Jan and main medical responsible for this PACS project.
Bart Thielen, Managing Director, Sectra Benelux, adds: “Healthcare today needs to be able to cope with the increasing need for diagnostics and specialized care. Transitioning to the cloud is the first step for hospitals wanting to use new technology to cope with these challenges, as the service offers the needed scalability and security. Many hospitals also deal with staff shortages when it comes to qualified IT staff. I am very happy to offer a solution that will take away some of the stress and resources usually needed to manage the system.”
He continues: “AZ Sint Jan and AZ Sint Lucas pave the way for the transition to public cloud for medical imaging in the Benelux and I’m excited to follow their journey.”
The service is based on Microsoft Azure and fully managed by Sectra. The hospitals saw the potential of the service helping to relieve burden on their IT staff and resources. “The fact that it is a fully managed service and deployed in the cloud gives us more time to focus on the care of our patients rather than on the maintenance of the IT-system and the storage and accessibility of data,” said Annelies Meyns, Head of ICT Applications at AZ Sint Jan, when the project was initiated.
The implementation process began shortly after the contract was signed, with Sectra closely collaborating with hospital teams to ensure a seamless transition. “Moving everything to the cloud is a monumental task, but Sectra’s commitment made it manageable and efficient,” says Jurryt Laleeuwe, Head of ICT Applications at AZ Sint Lucas.
The cloud service is now fully operational, bringing notable enhancements. “The new system has already enhanced our ability to share resources and collaborate on patient cases. The ability to tailor our workflows has also greatly benefited our radiologists, especially for overarching multidisciplinary team meetings” says Dr. Pieter Vandaele, Head of the Department of Radiology at AZ Sint Lucas.
He continues: “The implementation and experience so far have been very positive, and I look forward to seeing the ongoing benefits of this cloud service.”
Sectra’s enterprise imaging solution provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in “Best in KLAS.”
About SectraSectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.
For further information, please contact:Dr. Torbjörn Kronander, CEO and President Sectra  AB, 46 (0) 705 23 52 27 Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, 46 (0)708 23 56 10
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/sectra/r/two-belgian-hospitals-live-with-sectra-s-public-cloud-service-for-medical-imaging-based-on-microsoft,c4007517
The following files are available for download:
https://news.cision.com/sectra/i/sectra-s-module-for-breast-imaging,c3315483
Sectra’s module for breast imaging
 

View original content:https://www.prnewswire.co.uk/news-releases/two-belgian-hospitals-live-with-sectras-public-cloud-service-for-medical-imaging-based-on-microsoft-azure-302188707.html

Continue Reading

Artificial Intelligence

Barrington James Announces Strategic Acquisition of S3 Science Recruitment

Published

on

barrington-james-announces-strategic-acquisition-of-s3-science-recruitment

LONDON, July 3, 2024 /PRNewswire/ — Barrington James, a global leader in Life Science Recruitment, proudly announces the acquisition of S3 Science Recruitment, a firm renowned for its expertise in drug discovery, medical research, and the broader field of life sciences. Terms of the transaction were not disclosed.

This strategic acquisition marks a significant milestone for Barrington James, enhancing the company’s commitment to expanding its client-service capabilities and supporting the development of cutting-edge technology. This integration will provide clients with greater access to exceptional talent on both a permanent and temporary basis.
Dan Barrington, CEO of Barrington James, stated: “We are thrilled to acquire S3 and expand our Human Capital services in Life Sciences. This acquisition enhances our offerings across Board and Executive partnerships, Permanent Recruitment, Contract Recruitment, Staffing, OSP, and FSP. S3’s expertise in Clinical and Pre-Clinical specializations, both on a temporary and permanent basis, will perfectly complement Barrington James’ comprehensive Life Science services, from Clinical to Post-Marketing, A.I., and beyond. We are excited to collaborate with Alex Barrie, and his team, and we look forward to significantly growing S3 in the coming years.”
Alex Barrie, Director of Recruitment at S3, stated: “Clients of S3 Science Recruitment can expect a seamless transition, marked by the same dedication to excellence and personalized service they have come to rely on. Like Barrington James, we are deeply committed to delivering exceptional value and support to all our clients. By integrating the strengths of both companies, we are not only maintaining our high standards but also elevating them. The exciting integration of S3 Science into Barrington James enables us to offer an even broader and more comprehensive range of staffing solutions, ensuring that our clients benefit from a superior recruitment experience.”
About Barrington James:
Barrington James is a global, industry-leading recruitment business serving the Pharmaceutical, Biotechnology, and Medical Device sectors. With a global presence and a team of hundreds of specialists, we deliver world-class recruitment solutions to life science companies of all sizes. Leveraging a network of over 6 million industry professionals and advanced AI platforms, our expert consultants provide a personalized approach to global life science recruitment. For more information, please visit barringtonjames.com.
About S3 Science Recruitment:
S3 Science Recruitment connects talented individuals with leading organizations and institutions across the UK, Europe, and the United States. Our mission is to enable groundbreaking discoveries and life-saving treatments today. Specializing in drug discovery, medical research, and the broader Life Sciences field, we support the UK’s leadership in developing cures and treatments. Since 2002, S3 Science Recruitment has helped Life Sciences organizations find passionate individuals dedicated to medical advancement, particularly in animal research. We believe attracting talent to this vital industry is just the beginning of greater achievements. For more information, please visit s3science.com.
CONTACT: Amy TilburyHead of [email protected]+44 (0) 1293 776644
Photo – https://mma.prnewswire.com/media/2452929/Barringtonjames.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/barrington-james-announces-strategic-acquisition-of-s3-science-recruitment-302188155.html

Continue Reading

Trending