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Insurtech Market
“Insurtech has been increasingly adopted by insurers as it improves the customer experience, simplifies policy management, and increases competition, which are some of the major Insurtech market trends.”
Pramod Borasi Research Analyst, BFSI at Allied Market Research Download PDF Sample
Insurtech Market
Allied Market Research has published a latest report titled, “Insurtech Market by Offering (Solution and Service), Deployment Model (On-premise and Cloud), Technology (Artificial Intelligence, Cloud Computing, Blockchain, Big Data & Business Analytics, IoT, and Others), End User (Life & Health Insurance and Property and Casualty (P&C) Insurance), and Application (Product Development & Underwriting, Sales & Marketing, Policy Admin Collection & Disbursement, and Claims Management): Global Opportunity Analysis and Industry Forecast, 2021–2030”, which says, the Insurtech market size was valued at $9.41 billion in 2020, and is projected to reach $158.99 billion by 2030, growing at a CAGR of 32.7% from 2021 to 2030. Insurtech is the emergence of new technologies engages in transforming the insurance industry, reducing costs for consumers & insurance companies, and enhancing better customer experience. With an implementation of Insurtech, customers can research, compare policies, and make a purchase online without having to physically visit a local agent. Moreover, Insurtech companies have streamlined process of buying all types of insurance with easier & convenient options. Download PDF Sample
Insurtech Market
Factors such as rapid digitalization of business models and saturation of the insurance industry propel the global Insurtech market growth. In addition, incorporation of technologies in existing product lines among insurance companies and untapped potential of emerging economies are expected to provide lucrative opportunities for the Insurtech solution providers in the coming years. The key players profiled in the Insurtech market research report are Damco Group, Majesco, Oscar Insurance, OutSystems, Quantemplate, Wipro Limited, and Zhongan Insurance.
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Insurtech Market Key Benefits for Stakeholders from this Research Report: This study comprises analytical depiction of the global Insurtech market outlook along with the current trends and future estimations to depict the imminent investment pockets. The overall Insurtech market analysis is determined to understand the profitable trends to gain a stronger foothold. The report presents information related to key drivers, restraints, and Insurtech market opportunities with a detailed impact analysis. The current Insurtech market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. Porter’s five forces analysis illustrates the potency of the buyers and the Insurtech market share of key vendors. The report includes the trends and the Insurtech market share of key vendors. Download PDF Sample
Insurtech Market
Major Companies: • • • • • • • • • •
Damco Group DXC Technology Company Majesco Oscar Insurance OutSystems Quantemplate Shift Technology Trov Insurance Solutions, LLC Wipro Limited Zhongan Insurance.
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Insurtech Market Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1503-894-6022, +1-503446-1141 UK: +44-845-528-1300 Hong Kong: +852-30184916 India (Pune): +91-2066346060 Fax: +1⟨855⟩550-5975
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