Industry Leadership Ward is a leading benchmarking provider specializing in the insurance sector, with extensive experience analyzing operational, staffing, and compensation data for top US insurance carriers. This positions Ward as an essential service for insurance companies seeking to optimize performance and competitiveness.
Strong Market Presence Having performed over 3,000 benchmarking exercises since 1991, Ward has established a longstanding reputation and holds relationships with over half of the top 100 US insurance carriers, indicating significant potential for expanding sales within the insurance industry.
Technology Integration Ward leverages advanced technologies such as Hadoop, Google Cloud, and Sisense, which demonstrates its commitment to data-driven insights. This tech-savvy approach offers opportunities to connect with insurance firms investing in analytics and operational automation solutions.
Growth from Data Services With a diversified client base and extensive benchmarking expertise, Ward presents sales opportunities for complementary services such as data analytics tools, performance management software, or tailored consulting to enhance insurers' operational efficiency.
Financial Stability Despite a mid-range revenue of 50 to 100 million dollars and a focused employee base, Ward’s niche market positioning and history of large-scale benchmarking projects suggest capacity for scalable service offerings, creation of custom modules, or expanded subscription models for sustained revenue growth.