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The insurance third party administrators market is forecasted to grow by USD 119 billion during 2023-2028, accelerating at a CAGR of 6.79% 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 the insurance industry.
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 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 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 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
1 Executive Summary
2 The Publisher 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 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
360 degree market analysis
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, Arthur J. Gallagher and Co., Charles Taylor Ltd., Chubb Ltd., Cognizant Technology Solutions Corp., Corvel Corp, Crawford and Co, CVS Health Corp., ExlService Holdings Inc., Family Health Plan Insurance TPA Ltd, GOOD HEALTH INSURANCE TPA LTD, Liberty Mutual Insurance Co., Majesco, Marsh and McLennan Companies Inc., Medi Assist Healthcare Services Pvt Ltd, Paramount Health Services and Insurance TPA Pvt. Ltd., Safeway Insurance TPA Pvt Ltd., Sedgwick, United Health Group Inc., and WNS Holdings Ltd..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
- Arthur J. Gallagher and Co.
- Charles Taylor Ltd.
- Chubb Ltd.
- Cognizant Technology Solutions Corp.
- Corvel Corp
- Crawford and Co
- CVS Health Corp.
- ExlService Holdings Inc.
- Family Health Plan Insurance TPA Ltd
- GOOD HEALTH INSURANCE TPA LTD
- Liberty Mutual Insurance Co.
- Majesco
- Marsh and McLennan Companies Inc.
- Medi Assist Healthcare Services Pvt Ltd
- Paramount Health Services and Insurance TPA Pvt. Ltd.
- Safeway Insurance TPA Pvt Ltd.
- Sedgwick
- United Health Group Inc.
- WNS Holdings Ltd.
