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Digital Insurance Market 2024-2028

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    Report

  • 204 Pages
  • September 2024
  • Region: Global
  • TechNavio
  • ID: 6020216
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The digital insurance market is forecasted to grow by USD 67.22 billion during 2023-2028, accelerating at a CAGR of 12.8% during the forecast period. The report on the digital insurance market 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, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of insurance policies, increased adoption of micro-insurance among low-income individuals and small businesses, and rise in demand for improved client experience.

The digital insurance market is segmented as below:

By Distribution Channel

  • Direct sales
  • Brokers/agents
  • Affiliated partners

By End-user

  • Individuals
  • Businesses

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emergence of LCNC development in digital insurance sector as one of the prime reasons driving the digital insurance market growth during the next few years. Also, increase in strategic partnerships and alliances in digital insurance sector and rise in adoption of iot and telematics in digital insurance sector will lead to sizable demand in the market.

The report on the digital insurance market covers the following areas:

  • Digital insurance market sizing
  • Digital insurance market forecast
  • Digital insurance market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital insurance market vendors that include ACKO General Insurance Ltd, Allianz SE, AXA Group, DeadHappy Ltd., Ethos Technologies Inc, Getsafe Digital GmbH, Go Digit General Insurance Ltd., Haven Life Insurance Agency LLC, Hippo Enterprises Inc, ICICI Prudential Life Insurance Co. Ltd, Insured Nomads Corp, Kin Insurance Technology Hub LLC, Ladder Insurance Services, LLC, Lemonade Inc., Life Insurance Corp. of India, New York Life Insurance Co, NEXT Insurance, OPES insurance, Oscar Insurance Corp., RELX Plc, Root inc, Sure inc, The Allstate Corp., Turtlemint Insurance Broking Services Pvt Ltd, Vitality Health Limited, wefox Insurance AG, Westland Insurance, Willis Towers Watson Public Ltd. Co., and Yu Life ltd. Also, the digital insurance market 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 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
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Global Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
  • Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
  • Overview on factors of disruption
2.4 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
3.2 Market characteristics
  • Market characteristics analysis
3.3 Value chain analysis
  • Value Chain Analysis
4 Market Sizing
4.1 Market definition
  • Offerings of companies included in the market definition
4.2 Market segment analysis
  • Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
  • Chart on Global - Market size and forecast 2023-2028 ($ million)
  • Data Table on Global - Market size and forecast 2023-2028 ($ million)
  • Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Global Digital Insurance Market 2018 - 2022
  • Historic Market Size - Data Table on Global Digital Insurance Market 2018 - 2022 ($ million)
5.2 Distribution Channel segment analysis 2018 - 2022
  • Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
5.3 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5.5 Country segment analysis 2018 - 2022
  • Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the Global Digital Insurance Market
7 Five Forces Analysis
7.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Distribution Channel
8.1 Market segments
  • Chart on Distribution Channel - Market share 2023-2028 (%)
  • Data Table on Distribution Channel - Market share 2023-2028 (%)
8.2 Comparison by Distribution Channel
  • Chart on Comparison by Distribution Channel
  • Data Table on Comparison by Distribution Channel
8.3 Direct sales - Market size and forecast 2023-2028
  • Chart on Direct sales - Market size and forecast 2023-2028 ($ million)
  • Data Table on Direct sales - Market size and forecast 2023-2028 ($ million)
  • Chart on Direct sales - Year-over-year growth 2023-2028 (%)
  • Data Table on Direct sales - Year-over-year growth 2023-2028 (%)
8.4 Brokers/agents - Market size and forecast 2023-2028
  • Chart on Brokers/agents - Market size and forecast 2023-2028 ($ million)
  • Data Table on Brokers/agents - Market size and forecast 2023-2028 ($ million)
  • Chart on Brokers/agents - Year-over-year growth 2023-2028 (%)
  • Data Table on Brokers/agents - Year-over-year growth 2023-2028 (%)
8.5 Affiliated partners - Market size and forecast 2023-2028
  • Chart on Affiliated partners - Market size and forecast 2023-2028 ($ million)
  • Data Table on Affiliated partners - Market size and forecast 2023-2028 ($ million)
  • Chart on Affiliated partners - Year-over-year growth 2023-2028 (%)
  • Data Table on Affiliated partners - Year-over-year growth 2023-2028 (%)
8.6 Market opportunity by Distribution Channel
  • Market opportunity by Distribution Channel ($ million)
  • Data Table on Market opportunity by Distribution Channel ($ million)
9 Market Segmentation by End-user
9.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
9.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
9.3 Individuals - Market size and forecast 2023-2028
  • Chart on Individuals - Market size and forecast 2023-2028 ($ million)
  • Data Table on Individuals - Market size and forecast 2023-2028 ($ million)
  • Chart on Individuals - Year-over-year growth 2023-2028 (%)
  • Data Table on Individuals - Year-over-year growth 2023-2028 (%)
9.4 Businesses - Market size and forecast 2023-2028
  • Chart on Businesses - Market size and forecast 2023-2028 ($ million)
  • Data Table on Businesses - Market size and forecast 2023-2028 ($ million)
  • Chart on Businesses - Year-over-year growth 2023-2028 (%)
  • Data Table on Businesses - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
10 Customer Landscape
10.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
11.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape 2023-2028 (%)
11.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
11.3 North America - Market size and forecast 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on North America - Market size and forecast 2023-2028 ($ million)
  • Chart on North America - Year-over-year growth 2023-2028 (%)
  • Data Table on North America - Year-over-year growth 2023-2028 (%)
11.4 Europe - Market size and forecast 2023-2028
  • Chart on Europe - Market size and forecast 2023-2028 ($ million)
  • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  • Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Data Table on Europe - Year-over-year growth 2023-2028 (%)
11.5 APAC - Market size and forecast 2023-2028
  • Chart on APAC - Market size and forecast 2023-2028 ($ million)
  • Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  • Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Data Table on APAC - Year-over-year growth 2023-2028 (%)
11.6 South America - Market size and forecast 2023-2028
  • Chart on South America - Market size and forecast 2023-2028 ($ million)
  • Data Table on South America - Market size and forecast 2023-2028 ($ million)
  • Chart on South America - Year-over-year growth 2023-2028 (%)
  • Data Table on South America - Year-over-year growth 2023-2028 (%)
11.7 Middle East and Africa - Market size and forecast 2023-2028
  • Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  • Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
11.8 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
11.9 China - Market size and forecast 2023-2028
  • Chart on China - Market size and forecast 2023-2028 ($ million)
  • Data Table on China - Market size and forecast 2023-2028 ($ million)
  • Chart on China - Year-over-year growth 2023-2028 (%)
  • Data Table on China - Year-over-year growth 2023-2028 (%)
11.10 Germany - Market size and forecast 2023-2028
  • Chart on Germany - Market size and forecast 2023-2028 ($ million)
  • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  • Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Data Table on Germany - Year-over-year growth 2023-2028 (%)
11.11 UK - Market size and forecast 2023-2028
  • Chart on UK - Market size and forecast 2023-2028 ($ million)
  • Data Table on UK - Market size and forecast 2023-2028 ($ million)
  • Chart on UK - Year-over-year growth 2023-2028 (%)
  • Data Table on UK - Year-over-year growth 2023-2028 (%)
11.12 Canada - Market size and forecast 2023-2028
  • Chart on Canada - Market size and forecast 2023-2028 ($ million)
  • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  • Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Data Table on Canada - Year-over-year growth 2023-2028 (%)
11.13 India - Market size and forecast 2023-2028
  • Chart on India - Market size and forecast 2023-2028 ($ million)
  • Data Table on India - Market size and forecast 2023-2028 ($ million)
  • Chart on India - Year-over-year growth 2023-2028 (%)
  • Data Table on India - Year-over-year growth 2023-2028 (%)
11.14 France - Market size and forecast 2023-2028
  • Chart on France - Market size and forecast 2023-2028 ($ million)
  • Data Table on France - Market size and forecast 2023-2028 ($ million)
  • Chart on France - Year-over-year growth 2023-2028 (%)
  • Data Table on France - Year-over-year growth 2023-2028 (%)
11.15 Brazil - Market size and forecast 2023-2028
  • Chart on Brazil - Market size and forecast 2023-2028 ($ million)
  • Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
  • Chart on Brazil - Year-over-year growth 2023-2028 (%)
  • Data Table on Brazil - Year-over-year growth 2023-2028 (%)
11.16 Japan - Market size and forecast 2023-2028
  • Chart on Japan - Market size and forecast 2023-2028 ($ million)
  • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  • Chart on Japan - Year-over-year growth 2023-2028 (%)
  • Data Table on Japan - Year-over-year growth 2023-2028 (%)
11.17 Mexico - Market size and forecast 2023-2028
  • Chart on Mexico - Market size and forecast 2023-2028 ($ million)
  • Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
  • Chart on Mexico - Year-over-year growth 2023-2028 (%)
  • Data Table on Mexico - Year-over-year growth 2023-2028 (%)
11.18 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
  • Overview on factors of disruption
13.4 Industry risks
  • Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
  • Companies covered
14.2 Company ranking index
  • Company ranking index
14.3 Market positioning of companies
  • Matrix on companies position and classification
14.4 ACKO General Insurance Ltd
  • ACKO General Insurance Ltd - Overview
  • ACKO General Insurance Ltd - Product / Service
  • ACKO General Insurance Ltd - Key offerings
  • SWOT
14.5 DeadHappy Ltd.
  • DeadHappy Ltd. - Overview
  • DeadHappy Ltd. - Product / Service
  • DeadHappy Ltd. - Key offerings
  • SWOT
14.6 Getsafe Digital GmbH
  • Getsafe Digital GmbH - Overview
  • Getsafe Digital GmbH - Product / Service
  • Getsafe Digital GmbH - Key offerings
  • SWOT
14.7 Go Digit General Insurance Ltd.
  • Go Digit General Insurance Ltd. - Overview
  • Go Digit General Insurance Ltd. - Product / Service
  • Go Digit General Insurance Ltd. - Key offerings
  • SWOT
14.8 Haven Life Insurance Agency LLC
  • Haven Life Insurance Agency LLC - Overview
  • Haven Life Insurance Agency LLC - Product / Service
  • Haven Life Insurance Agency LLC - Key offerings
  • SWOT
14.9 Hippo Enterprises Inc
  • Hippo Enterprises Inc - Overview
  • Hippo Enterprises Inc - Business segments
  • Hippo Enterprises Inc - Key offerings
  • Hippo Enterprises Inc - Segment focus
  • SWOT
14.10 Insured Nomads Corp
  • Insured Nomads Corp - Overview
  • Insured Nomads Corp - Product / Service
  • Insured Nomads Corp - Key offerings
  • SWOT
14.11 Kin Insurance Technology Hub LLC
  • Kin Insurance Technology Hub LLC - Overview
  • Kin Insurance Technology Hub LLC - Product / Service
  • Kin Insurance Technology Hub LLC - Key offerings
  • SWOT
14.12 Ladder Insurance Services, LLC
  • Ladder Insurance Services, LLC - Overview
  • Ladder Insurance Services, LLC - Product / Service
  • Ladder Insurance Services, LLC - Key offerings
  • SWOT
14.13 Lemonade Inc.
  • Lemonade Inc. - Overview
  • Lemonade Inc. - Product / Service
  • Lemonade Inc. - Key offerings
  • SWOT
14.14 Oscar Insurance Corp.
  • Oscar Insurance Corp. - Overview
  • Oscar Insurance Corp. - Product / Service
  • Oscar Insurance Corp. - Key offerings
  • SWOT
14.15 Root inc
  • Root inc - Overview
  • Root inc - Product / Service
  • Root inc - Key offerings
  • SWOT
14.16 The Allstate Corp.
  • The Allstate Corp. - Overview
  • The Allstate Corp. - Business segments
  • The Allstate Corp. - Key offerings
  • The Allstate Corp. - Segment focus
  • SWOT
14.17 Vitality Health Limited
  • Vitality Health Limited - Overview
  • Vitality Health Limited - Product / Service
  • Vitality Health Limited - Key offerings
  • SWOT
14.18 Westland Insurance
  • Westland Insurance - Overview
  • Westland Insurance - Product / Service
  • Westland Insurance - Key offerings
  • SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
15.3 Currency conversion rates for US$
  • Currency conversion rates for US$
15.4 Research methodology
  • Research methodology
15.5 Data procurement
  • Information sources
15.6 Data validation
  • Data validation
15.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
15.8 Data synthesis
  • Data synthesis
15.9 360 degree market analysis
  • 360 degree market analysis
15.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 11: Overview on criticality of inputs and factors of differentiation
Exhibits 12: Overview on factors of disruption
Exhibits 13: Impact of drivers and challenges in 2023 and 2028
Exhibits 14: Parent Market
Exhibits 15: Data Table on - Parent Market
Exhibits 16: Market characteristics analysis
Exhibits 17: Value Chain Analysis
Exhibits 18: Offerings of companies included in the market definition
Exhibits 19: Market segments
Exhibits 20: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 21: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 22: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 23: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 24: Historic Market Size - Data Table on Global Digital Insurance Market 2018 - 2022 ($ million)
Exhibits 25: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits 26: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 27: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 28: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 29: Five forces analysis - Comparison between 2023 and 2028
Exhibits 30: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 31: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 32: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 33: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 34: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 35: Chart on Market condition - Five forces 2023 and 2028
Exhibits 36: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 37: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 38: Chart on Comparison by Distribution Channel
Exhibits 39: Data Table on Comparison by Distribution Channel
Exhibits 40: Chart on Direct sales - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Direct sales - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Direct sales - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Direct sales - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Brokers/agents - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Brokers/agents - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Brokers/agents - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Brokers/agents - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Affiliated partners - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on Affiliated partners - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on Affiliated partners - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Affiliated partners - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Distribution Channel ($ million)
Exhibits 53: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 54: Chart on End-user - Market share 2023-2028 (%)
Exhibits 55: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by End-user
Exhibits 57: Data Table on Comparison by End-user
Exhibits 58: Chart on Individuals - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Individuals - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Individuals - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Individuals - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Businesses - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Businesses - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Businesses - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Businesses - Year-over-year growth 2023-2028 (%)
Exhibits 66: Market opportunity by End-user ($ million)
Exhibits 67: Data Table on Market opportunity by End-user ($ million)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 114: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 115: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on France - Market size and forecast 2023-2028 ($ million)
Exhibits 118: Data Table on France - Market size and forecast 2023-2028 ($ million)
Exhibits 119: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on France - Year-over-year growth 2023-2028 (%)
Exhibits 121: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 122: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
Exhibits 123: Chart on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 124: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
Exhibits 125: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 126: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 127: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 128: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 129: Chart on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 130: Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 131: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 132: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 133: Market opportunity By Geographical Landscape ($ million)
Exhibits 134: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 135: Impact of drivers and challenges in 2023 and 2028
Exhibits 136: Overview on criticality of inputs and factors of differentiation
Exhibits 137: Overview on factors of disruption
Exhibits 138: Impact of key risks on business
Exhibits 139: Companies covered
Exhibits 140: Company ranking index
Exhibits 141: Matrix on companies position and classification
Exhibits 142: ACKO General Insurance Ltd - Overview
Exhibits 143: ACKO General Insurance Ltd - Product / Service
Exhibits 144: ACKO General Insurance Ltd - Key offerings
Exhibits 145: SWOT
Exhibits 146: DeadHappy Ltd. - Overview
Exhibits 147: DeadHappy Ltd. - Product / Service
Exhibits 148: DeadHappy Ltd. - Key offerings
Exhibits 149: SWOT
Exhibits 150: Getsafe Digital GmbH - Overview
Exhibits 151: Getsafe Digital GmbH - Product / Service
Exhibits 152: Getsafe Digital GmbH - Key offerings
Exhibits 153: SWOT
Exhibits 154: Go Digit General Insurance Ltd. - Overview
Exhibits 155: Go Digit General Insurance Ltd. - Product / Service
Exhibits 156: Go Digit General Insurance Ltd. - Key offerings
Exhibits 157: SWOT
Exhibits 158: Haven Life Insurance Agency LLC - Overview
Exhibits 159: Haven Life Insurance Agency LLC - Product / Service
Exhibits 160: Haven Life Insurance Agency LLC - Key offerings
Exhibits 161: SWOT
Exhibits 162: Hippo Enterprises Inc - Overview
Exhibits 163: Hippo Enterprises Inc - Business segments
Exhibits 164: Hippo Enterprises Inc - Key offerings
Exhibits 165: Hippo Enterprises Inc - Segment focus
Exhibits 166: SWOT
Exhibits 167: Insured Nomads Corp - Overview
Exhibits 168: Insured Nomads Corp - Product / Service
Exhibits 169: Insured Nomads Corp - Key offerings
Exhibits 170: SWOT
Exhibits 171: Kin Insurance Technology Hub LLC - Overview
Exhibits 172: Kin Insurance Technology Hub LLC - Product / Service
Exhibits 173: Kin Insurance Technology Hub LLC - Key offerings
Exhibits 174: SWOT
Exhibits 175: Ladder Insurance Services, LLC - Overview
Exhibits 176: Ladder Insurance Services, LLC - Product / Service
Exhibits 177: Ladder Insurance Services, LLC - Key offerings
Exhibits 178: SWOT
Exhibits 179: Lemonade Inc. - Overview
Exhibits 180: Lemonade Inc. - Product / Service
Exhibits 181: Lemonade Inc. - Key offerings
Exhibits 182: SWOT
Exhibits 183: Oscar Insurance Corp. - Overview
Exhibits 184: Oscar Insurance Corp. - Product / Service
Exhibits 185: Oscar Insurance Corp. - Key offerings
Exhibits 186: SWOT
Exhibits 187: Root inc - Overview
Exhibits 188: Root inc - Product / Service
Exhibits 189: Root inc - Key offerings
Exhibits 190: SWOT
Exhibits 191: The Allstate Corp. - Overview
Exhibits 192: The Allstate Corp. - Business segments
Exhibits 193: The Allstate Corp. - Key offerings
Exhibits 194: The Allstate Corp. - Segment focus
Exhibits 195: SWOT
Exhibits 196: Vitality Health Limited - Overview
Exhibits 197: Vitality Health Limited - Product / Service
Exhibits 198: Vitality Health Limited - Key offerings
Exhibits 199: SWOT
Exhibits 200: Westland Insurance - Overview
Exhibits 201: Westland Insurance - Product / Service
Exhibits 202: Westland Insurance - Key offerings
Exhibits 203: SWOT
Exhibits 204: Inclusions checklist
Exhibits 205: Exclusions checklist
Exhibits 206: Currency conversion rates for US$
Exhibits 207: Research methodology
Exhibits 208: Information sources
Exhibits 209: Data validation
Exhibits 210: Validation techniques employed for market sizing
Exhibits 211: Data synthesis
Exhibits 212: 360 degree market analysis
Exhibits 213: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global digital insurance market: ACKO General Insurance Ltd, Allianz SE, AXA Group, DeadHappy Ltd., Ethos Technologies Inc, Getsafe Digital GmbH, Go Digit General Insurance Ltd., Haven Life Insurance Agency LLC, Hippo Enterprises Inc, ICICI Prudential Life Insurance Co. Ltd, Insured Nomads Corp, Kin Insurance Technology Hub LLC, Ladder Insurance Services, LLC, Lemonade Inc., Life Insurance Corp. of India, New York Life Insurance Co, NEXT Insurance, OPES insurance, Oscar Insurance Corp., RELX Plc, Root inc, Sure inc, The Allstate Corp., Turtlemint Insurance Broking Services Pvt Ltd, Vitality Health Limited, wefox Insurance AG, Westland Insurance, Willis Towers Watson Public Ltd. Co., and Yu Life ltd.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of LCNC development in digital insurance sector."

According to the report, one of the major drivers for this market is the increase in number of insurance policies.

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 General Insurance Ltd
  • Allianz SE
  • AXA Group
  • DeadHappy Ltd.
  • Ethos Technologies Inc
  • Getsafe Digital GmbH
  • Go Digit General Insurance Ltd.
  • Haven Life Insurance Agency LLC
  • Hippo Enterprises Inc
  • ICICI Prudential Life Insurance Co. Ltd
  • Insured Nomads Corp
  • Kin Insurance Technology Hub LLC
  • Ladder Insurance Services LLC
  • Lemonade Inc.
  • Life Insurance Corp. of India
  • New York Life Insurance Co
  • NEXT Insurance
  • OPES insurance
  • Oscar Insurance Corp.
  • RELX Plc
  • Root inc
  • Sure inc
  • The Allstate Corp.
  • Turtlemint Insurance Broking Services Pvt Ltd
  • Vitality Health Limited
  • wefox Insurance AG
  • Westland Insurance
  • Willis Towers Watson Public Ltd. Co.
  • Yu Life ltd