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The insurance technology market in europe is forecasted to grow by USD 19.72 billion during 2023-2028, accelerating at a CAGR of 36.5% during the forecast period. The report on the insurance technology market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for insurance across european countries due to rising natural hazards, dominance of government regulations on mandatory insurance coverage in europe, and increasing adoption of cloud-based solutions in regional insurance industry.
The insurance technology market in europe is segmented as below:
By Type
- Solution
- Service
By Technology
- Cloud computing
- IoT
- Big data and business analytics
- Blockchain
- Others
By Geographical Landscape
- Europe
The report on the insurance technology market in europe covers the following areas:
- Insurance technology market in europe sizing
- Insurance technology market in europe forecast
- Insurance technology market in europe industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the insurance technology market in Europe: Akur8, Alan SA, Anorak Technologies Ltd., Charles Taylor Ltd., Descartes Underwriting SAS, Digital Fineprint Ltd., Duck Creek Technologies LLC, F2X Group Ltd., FRISS, Getsafe Digital GmbH, INZMO Europe GmbH, Majesco, Powszechny Zaklad Ubezpieczen Spolka Akcyjna Group, Qidenus Group GmbH, Qover SA, Quantemplate Technologies Inc., Shift Technology, simplesurance GmbH, wefox Insurance AG, and Xempus AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing collaborations between investors and insurance technology vendors in Europe."
According to the report, one of the major drivers for this market is the increasing need for insurance across european countries due to rising natural hazards.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akur8
- Alan SA
- Anorak Technologies Ltd.
- Charles Taylor Ltd.
- Descartes Underwriting SAS
- Digital Fineprint Ltd.
- Duck Creek Technologies LLC
- F2X Group Ltd.
- FRISS
- Getsafe Digital GmbH
- INZMO Europe GmbH
- Majesco
- Powszechny Zaklad Ubezpieczen Spolka Akcyjna Group
- Qidenus Group GmbH
- Qover SA
- Quantemplate Technologies Inc.
- Shift Technology
- simplesurance GmbH
- wefox Insurance AG
- Xempus AG
