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The insurance third party administrators market is forecasted to grow by USD 136.5 billion during 2024-2029, accelerating at a CAGR of 7.3% during the forecast period. The report on the insurance third party administrators 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 rising demand for specialized services in insurance industry, growing complexity of insurance regulations, and regulatory compliance requirements in insurance industry.
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 insurance third party administrators market is segmented as below:
By Service Type
- Health plan administrators
- Workers compensation TPA
- Third party claims administration
By Type
- Large enterprises
- Small and medium enterprise
By Service
- Claims management
- Policy management
- Commission management
By Application
- Healthcare
- Construction
- Real estate
- Hospitality
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the insurance third party administrators market covers the following areas:
- Insurance Third Party Administrators Market sizing
- Insurance Third Party Administrators Market forecast
- Insurance Third Party Administrators 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 Service Type
9 Market Segmentation by Type
10 Market Segmentation by Service
11 Market Segmentation by Application
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global insurance third party administrators market: Accenture PLC, Alankit Ltd, Charles Taylor Ltd., Corvel Corp, Crawford and Co, ESIS, ExlService Holdings Inc., Family Health Plan Insurance TPA Ltd, Gallagher Bassett, GOOD HEALTH INSURANCE TPA LTD, Helmsman, Majesco, Maritain Health, Marsh and McLennan Co. Inc., Medi Assist TPA, Paramount Health Services and Insurance TPA Pvt. Ltd., Safeway Insurance TPA Pvt Ltd., Sedgwick, TriZetto Healthcare, and UMR.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advancements in insurance TPAs."
According to the report, one of the major drivers for this market is the rising demand for specialized services in insurance industry.
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:
- Accenture PLC
- Alankit Ltd
- Charles Taylor Ltd.
- Corvel Corp
- Crawford and Co
- ESIS
- ExlService Holdings Inc.
- Family Health Plan Insurance TPA Ltd
- Gallagher Bassett
- GOOD HEALTH INSURANCE TPA LTD
- Helmsman
- Majesco
- Maritain Health
- Marsh and McLennan Co. Inc.
- Medi Assist TPA
- Paramount Health Services and Insurance TPA Pvt. Ltd.
- Safeway Insurance TPA Pvt Ltd.
- Sedgwick
- TriZetto Healthcare
- UMR