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The insurtech market is forecasted to grow by USD 114.39 billion during 2024-2029, accelerating at a CAGR of 43.6% during the forecast period. The report on the insurtech market 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 to improve business efficiency, high influence of digitization, and increased need for greater customer satisfaction.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The insurtech market is segmented as below:
By Application
- Marketing and distribution
- IT support
- Claim management
- Policy administration and management
- Others
By Deployment
- On-premises
- Cloud
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the insurtech market covers the following areas:
- Insurtech Market sizing
- Insurtech Market forecast
- Insurtech Market industry analysis
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 Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Deployment
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global insurtech market: Acko Technology and Services Pvt. Ltd., Allianz SE, Charles Taylor Ltd., Cuvva Ltd., Cytora Ltd., DeadHappy Ltd., F2X Group Ltd., Kin Insurance Technology Hub LLC, Laka Ltd., Massachusetts Mutual Life Insurance Co., Milvik AB, Nimbla Ltd., simplesurance GmbH, Slice Insurance Technologies Inc., Uinsure Ltd., Urban Jungle Services Ltd., Wrisk Ltd., and ExtraCover Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is investors collaborating with insurtech firms."
According to the report, one of the major drivers for this market is the increasing need to improve business efficiency.
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:
- Acko Technology and Services Pvt. Ltd.
- Allianz SE
- Charles Taylor Ltd.
- Cuvva Ltd.
- Cytora Ltd.
- DeadHappy Ltd.
- F2X Group Ltd.
- Kin Insurance Technology Hub LLC
- Laka Ltd.
- Massachusetts Mutual Life Insurance Co.
- Milvik AB
- Nimbla Ltd.
- simplesurance GmbH
- Slice Insurance Technologies Inc.
- Uinsure Ltd.
- Urban Jungle Services Ltd.
- Wrisk Ltd.
- ExtraCover Ltd.
