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Insurtech Market in UK 2022-2026

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    Report

  • 120 Pages
  • January 2022
  • Region: United Kingdom
  • TechNavio
  • ID: 5546052
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The publisher has been monitoring the insurtech market in UK and it is poised to grow by $ 4.20 bn during 2022-2026, progressing at a CAGR of 43.74% during the forecast period. The report on the insurtech market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to improve business efficiency and the dominance of government regulations on mandatory insurance coverages in the UK.

The insurtech market in UK analysis includes deployment and value chain positioning segments.

The insurtech market in UK is segmented as below:


By Deployment

  • On-premises
  • Cloud
  • Value Chain Positioning
  • Marketing and distribution
  • IT support
  • Policy administration and management
  • Claim management
  • Others

This study identifies the increased need for greater customer satisfaction as one of the prime reasons driving the insurtech market growth in UK during the next few years.

The report on insurtech market in UK covers the following areas:

  • Insurtech market sizing
  • Insurtech market forecast
  • Insurtech market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading insurtech market vendors in UK that include Charles Taylor Ltd., Cuvva Ltd., DeadHappy Ltd., Digital Fineprint Ltd., ExtraCover Ltd., F2X Group Ltd., Quantemplate Technologies Inc., Sprout.ai Ltd., Uinsure Ltd., and Wrisk Ltd. Also, the insurtech market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 publisher 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 research - both primary and secondary. 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 the accurate market growth.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment
  • Market segments
  • Comparison by Deployment
  • On-premises - Market size and forecast 2021-2026
  • Cloud - Market size and forecast 2021-2026
  • Market opportunity by Deployment

Market Segmentation by Value chain positioning
  • Market segments
  • Comparison by Value chain positioning
  • Marketing and distribution - Market size and forecast 2021-2026
  • IT support - Market size and forecast 2021-2026
  • Policy administration and management - Market size and forecast 2021-2026
  • Claim management - Market size and forecast 2021-2026
  • Others - Market size and forecast 2021-2026
  • Market opportunity by Value chain positioning

Customer landscape
  • Overview
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Competitive Scenario
  • Overview
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Charles Taylor Ltd.
  • Cuvva Ltd.
  • DeadHappy Ltd.
  • Digital Fineprint Ltd.
  • ExtraCover Ltd.
  • F2X Group Ltd.
  • Quantemplate Technologies Inc.
  • Sprout.ai Ltd.
  • Uinsure Ltd.
  • Wrisk Ltd.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2021 - 2026 ($ million)
  • Global market: Year-over-year growth 2021 - 2026 (%)
  • Five forces analysis 2021 & 2026
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2021
  • Deployment - Market share 2021-2026 (%)
  • Comparison by Deployment
  • On-premises - Market size and forecast 2021-2026 ($ million)
  • On-premises - Year-over-year growth 2021-2026 (%)
  • Cloud - Market size and forecast 2021-2026 ($ million)
  • Cloud - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Deployment
  • Value chain positioning - Market share 2021-2026 (%)
  • Comparison by Value chain positioning
  • Marketing and distribution - Market size and forecast 2021-2026 ($ million)
  • Marketing and distribution - Year-over-year growth 2021-2026 (%)
  • IT support - Market size and forecast 2021-2026 ($ million)
  • IT support - Year-over-year growth 2021-2026 (%)
  • Policy administration and management - Market size and forecast 2021-2026 ($ million)
  • Policy administration and management - Year-over-year growth 2021-2026 (%)
  • Claim management - Market size and forecast 2021-2026 ($ million)
  • Claim management - Year-over-year growth 2021-2026 (%)
  • Others - Market size and forecast 2021-2026 ($ million)
  • Others - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Value chain positioning
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Charles Taylor Ltd. - Overview
  • Charles Taylor Ltd. - Product and service
  • Charles Taylor Ltd. - Key offerings
  • Charles Taylor Ltd. - Key customers
  • Charles Taylor Ltd. - Segment focus
  • Cuvva Ltd. - Overview
  • Cuvva Ltd. - Product and service
  • Cuvva Ltd. - Key offerings
  • Cuvva Ltd. - Key customers
  • Cuvva Ltd. - Segment focus
  • DeadHappy Ltd. - Overview
  • DeadHappy Ltd. - Product and service
  • DeadHappy Ltd. - Key offerings
  • DeadHappy Ltd. - Key customers
  • DeadHappy Ltd. - Segment focus
  • Digital Fineprint Ltd. - Overview
  • Digital Fineprint Ltd. - Product and service
  • Digital Fineprint Ltd. - Key offerings
  • Digital Fineprint Ltd. - Key customers
  • Digital Fineprint Ltd. - Segment focus
  • ExtraCover Ltd. - Overview
  • ExtraCover Ltd. - Product and service
  • ExtraCover Ltd. - Key offerings
  • ExtraCover Ltd. - Key customers
  • ExtraCover Ltd. - Segment focus
  • F2X Group Ltd. - Overview
  • F2X Group Ltd. - Product and service
  • F2X Group Ltd. - Key offerings
  • F2X Group Ltd. - Key customers
  • F2X Group Ltd. - Segment focus
  • Quantemplate Technologies Inc. - Overview
  • Quantemplate Technologies Inc. - Product and service
  • Quantemplate Technologies Inc. - Key offerings
  • Quantemplate Technologies Inc. - Key customers
  • Quantemplate Technologies Inc. - Segment focus
  • Sprout.ai Ltd. - Overview
  • Sprout.ai Ltd. - Product and service
  • Sprout.ai Ltd. - Key offerings
  • Sprout.ai Ltd. - Key customers
  • Sprout.ai Ltd. - Segment focus
  • Uinsure Ltd. - Overview
  • Uinsure Ltd. - Product and service
  • Uinsure Ltd. - Key offerings
  • Uinsure Ltd. - Key customers
  • Uinsure Ltd. - Segment focus
  • Wrisk Ltd. - Overview
  • Wrisk Ltd. - Product and service
  • Wrisk Ltd. - Key offerings
  • Wrisk Ltd. - Key customers
  • Wrisk Ltd. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the insurtech market in UK: Charles Taylor Ltd., Cuvva Ltd., DeadHappy Ltd., Digital Fineprint Ltd., ExtraCover Ltd., F2X Group Ltd., Quantemplate Technologies Inc., Sprout.ai Ltd., Uinsure Ltd., and Wrisk Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the increased need for greater customer satisfaction.`

According to the report, one of the major drivers for this market is the 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:

  • Charles Taylor Ltd.
  • Cuvva Ltd.
  • DeadHappy Ltd.
  • Digital Fineprint Ltd.
  • ExtraCover Ltd.
  • F2X Group Ltd.
  • Quantemplate Technologies Inc.
  • Sprout.ai Ltd.
  • Uinsure Ltd.
  • Wrisk Ltd.