Title: Peer to Peer Insurance Market - Forecast (2021 - 2026)
1Peer to Peer Insurance MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The Global market for peer to peer insurance is
forecast to reach 63.2 Billion by 2025, growing
at a CAGR of x32.6 from 2020 to 2025. - The market growth is attributed to the factors
such as less fraudulent claims, eschewal of
traditional brokers, reduced premium or a
dividend, backup of traditional insurer, shared
responsibility, high degree of transparency and
other.
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- Key Takeaways
- P2P insurance products using block-chain
technology also enhance the market growth as it
reduces the associated risks with it. - Demand for more accessible and low-cost services
among consumers is also tending to drive the
market growth. - APAC region is anticipated to dominatethe global
peer to peer insurancemarket during the forecast
period 2020-2025owing to large number of
population, growing needs among people, rising
industrialization and others.
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By Distribution Channel- Segment Analysis Online
mode of operation segment held the highest market
share of peer to peer insurancein 2019. Moreover,
it is anticipated to witness the significant
market growth during the forecast period
2020-2025.Purchasing insurance online is easy,
quick and typically costs less. The greatest
benefit of the internet portal is that it gives
the consumer an informed choice. By purchasing
online, ratings and opinions about the insurer's
offerings from current clients may be reviewed
for valuable insight that is lacking by ordering
from some other source.
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- Peer to Peer Insurance Market OutlookÂ
- Allied Peers
- Axieme
- Bandboo
- Besure
- BitPark
- Broodfunds
- CommonEasy
- Cycle Syndicate
- Darwinsurance
- First Club Insurance, Friendsurance
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Peer to Peer Insurance Market Forecast (2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/17935/peer-to-
peer-insurance-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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