Global Insuretech Market Research Report 2021 - Impact of COVID-19 on the Market

Insurance companies are investing significantly in digitization to improve the functionality of payment systems and simplify the transaction process. The adoption of InsurTech has allowed insurance companies to asses risks related to the market, operation, counterparty credit, and liquidity. Technologies like embedded analytics help insurance companies to understand consumer behavior, market pattern and make informed business-related decisions. These advantages of digital technologies are creating a huge demand for InsurTech and contributing to the expansion of this market at a global level.
The Insuretech market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Insuretech market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Insuretech Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Insuretech market are:
Bima
Sureify
Collective Health
Policy Bazaar
Moonshot-Internet
BDEO
Clover Health Insurance
Anorak
Earnix
Lemonade
ThingCo
Banc Insurance Agency Inc (Insuritas)
Tractable
ZhongAn Online Property & Casualty Insurance Co. Ltd
Oscar Health
Acko General Insurance Limited
Metromile
Planck

Most important types of Insuretech products covered in this report are:
Marketing and Distribution
IT Support
Policy Administration and Management
Claim Management
Others

Most widely used downstream fields of Insuretech market covered in this report are:
Large Insurance Companies
Small and Middle Insurance Companies

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:


Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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Maia-19341445

19-Oct-2021

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