Insurtech Market Size is Projected to Reach $158.994 Billion by 2030 - PowerPoint PPT Presentation

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Insurtech Market Size is Projected to Reach $158.994 Billion by 2030

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Insurtech Market offering, deployment model, technology, end user, application, and region by 2030 – PowerPoint PPT presentation

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Title: Insurtech Market Size is Projected to Reach $158.994 Billion by 2030


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Insurtech Market
Insurtech has been increasingly adopted by
insurers as it improves the customer experience,
simplifies policy management, and increases
competition, which are some of the major
Insurtech market trends.
Pramod BorasiResearch Analyst, BFSI at Allied
Market Research
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3
Insurtech Market
Allied Market Research has published a latest
report titled, Insurtech Market by Offering
(Solution and Service), Deployment Model
(On-premise and Cloud), Technology (Artificial
Intelligence, Cloud Computing, Blockchain, Big
Data Business Analytics, IoT, and Others), End
User (Life Health Insurance and Property and
Casualty (PC) Insurance), and Application
(Product Development Underwriting, Sales
Marketing, Policy Admin Collection
Disbursement, and Claims Management) Global
Opportunity Analysis and Industry Forecast,
20212030, which says, the Insurtech market size
was valued at 9.41 billion in 2020, and is
projected to reach 158.99 billion by 2030,
growing at a CAGR of 32.7 from 2021 to
2030. Insurtech is the emergence of new
technologies engages in transforming the
insurance industry, reducing costs for consumers
insurance companies, and enhancing better
customer experience. With an implementation of
Insurtech, customers can research, compare
policies, and make a purchase online without
having to physically visit a local agent.
Moreover, Insurtech companies have streamlined
process of buying all types of insurance with
easier convenient options. 
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Insurtech Market
Factors such as rapid digitalization of business
models and saturation of the insurance industry
propel the global Insurtech market growth. In
addition, incorporation of technologies in
existing product lines among insurance companies
and untapped potential of emerging economies are
expected to provide lucrative opportunities for
the Insurtech solution providers in the coming
years. The key players profiled in the Insurtech
market research report are Damco Group, Majesco,
Oscar Insurance, OutSystems, Quantemplate, Wipro
Limited, and Zhongan Insurance.
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5
Insurtech Market
Key Benefits for Stakeholders from this Research
Report This study comprises analytical
depiction of the global Insurtech market outlook
along with the current trends and future
estimations to depict the imminent investment
pockets. The overall Insurtech market analysis
is determined to understand the profitable trends
to gain a stronger foothold.  The report
presents information related to key drivers,
restraints, and Insurtech market opportunities
with a detailed impact analysis. The current
Insurtech market forecast is quantitatively
analyzed from 2020 to 2030 to benchmark the
financial competency.   Porters five forces
analysis illustrates the potency of the buyers
and the Insurtech market share of key
vendors.  The report includes the trends and the
Insurtech market share of key vendors.
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Insurtech Market
  • Major Companies
  • Damco Group
  • DXC Technology Company
  • Majesco
  • Oscar Insurance
  • OutSystems
  • Quantemplate
  • Shift Technology
  • Trov Insurance Solutions, LLC
  • Wipro Limited
  • Zhongan Insurance.

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Insurtech Market
Contact David Correa 5933 NE Win Sivers Drive
205, Portland, OR 97220 United States Toll Free
(USA/Canada) 1-800-792-5285, 1-503-894-6022,
1-503-446-1141 UK 44-845-528-1300 Hong Kong
852-301-84916 India (Pune) 91-20-66346060
Fax 1?855?550-5975 help_at_alliedmarketresearch.com
Web https//www.alliedmarketresearch.com
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