openPR Logo
Press release

Global Workers' Compensation Insurance Market Size to 2025 | Key Players: Allianz, QBE Insurance, Insureon, Bharti AXA, State Farm, AIG, GEICO, Travelers Companies Inc.

09-10-2018 11:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

Global Workers Compensation Market

Global Workers Compensation Market

New labour reforms propel the workers’ compensation insurance market in the Asia Pacific
The Global Workers' Compensation Insurance Market is expected to cross USD XX billion by 2025. In the construction industry, it is common that to witness accidents due to the dangerous tasks. Workers' compensation includes the wage replacement and medical benefits that are provided to the employees in case of any injury to prevent them from the use of their right to sue the employer for the improper maintenance. Several leading companies in the United States and Europe are offering the workers' compensation insurance, which is slowly spreading across the Asia Pacific countries.

The advice for risk management is a significant component in obtaining the workers' compensation insurance and decreases the number of workplace injuries, supporting both the providers and purchasers. The advancements in the technology have brought many changes in the insurance industry and extended the reach to more customers. Some of the common technologies implemented by the insurance suppliers are telematics, automation, telemedicine, safety and security check that improves the safety and controls the accidents.

Browse details of research report developed on Global Workers’ Compensation Insurance Market @ https://www.researchcosmos.com/reports/global-workers-compensation-insurance-market-size-status-and-forecast-2025/9624365

Several factors are driving the global workers' compensation market such as the increasing adoption of telematics to decrease the expenses of medical care and services. Furthermore, the increasing demand for compensation insurance in developing nations, growing employment in the oil and gas industry, rapid industrialization, decreasing unemployment rate in emerging economies with the concentration on manufacturing industry, government support initiatives and labour law reforms, and other factors are improving the market share across the globe. On the flip side, the lack of awareness among the working population in the remote areas of developing nations is the principal factor restricting the market expansion.

Global Workers’ Compensation Insurance Market Regional Analysis:
Based on the regional analysis, North America dominates the global workers' compensation insurance market and accounts for almost 51% of the total market revenue. The increasing workforce development and government initiatives are supporting the market growth in North America. Nevertheless, the changing labour reforms like single license window and inspection schemes in the small and medium enterprises along with the growth in the manufacturing industry are strengthening the market in the Asia Pacific and Latin America regions.

Global Workers’ Compensation Insurance Market Key Players:
The key players in the worldwide marketplace are Allianz, QBE Insurance, Insureon, Bharti AXA, State Farm, AIG, GEICO, Travelers Companies Inc., Hartford Financial Services, AmTrust Financial Services, Zurich Insurance Group, Berkshire Hathaway Inc., Chubb Ltd., State Ins Fund Workers' Comp, Liberty MHC Inc., and American International Group

Avail Sample Market Brochure of the report for more information, Get a Copy @ https://www.researchcosmos.com/request/global-workers-compensation-insurance-market-size-status-a/9624365

About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Workers' Compensation Insurance Market Size to 2025 | Key Players: Allianz, QBE Insurance, Insureon, Bharti AXA, State Farm, AIG, GEICO, Travelers Companies Inc. here

News-ID: 1229364 • Views:

More Releases from Research Cosmos

Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
Mobile Phone Insurance Market Size to Reach USD 32.24 Bn By 2025
The size of the Global mobile phone insurance market is estimated to reach USD 32.24 billion by 2025, growing at a CAGR of 12.5%, as per the recently published report by Research Cosmos. It is worth to claim insurance for mobile phones as we are spending a lot of money on purchasing. The policies include accidental damage, water damage, and screen cracking. Browse details of the report @ https://www.researchcosmos.com/reports/mobile-phone-insurance-market/199557834 Growing utilization
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By 2025 | Leading Market Players - Kudos, Achievers Corp., REFFIND Ltd., Globoforce, Terryberry, Ultimate Software, Peoplecart, CorporateRewards
Social Employee Recognition Systems Market Predicted to grow at a CAGR of xx By …
Social Employee Recognition Systems Market Analysis Size, Growth rate and Overview: Social Employee Recognition Systems Market was valued at USD xx million in 2018 and is expected to reach almost USD xx million by the end of 2025, growing at a CAGR of around xx% over the predicted period. Throughout the world, social employee recognition systems have expanded dramatically to address the need to move away from traditional methods and programs of

More Releases for Workers

The Workers' Compensation Lawyers QLD Revolutionising Claims for Injured Workers
Splatt Lawyers has opened a new division - The Workers Compensation Lawyers QLD to support injured workers learn about their legal rights Queensland workers now have access to a brand-new legal division dedicated solely to workplace injury claims with the launch of The Workers Compensation Lawyers QLD, part of the well-respected firm Splatt Lawyers. This new practice is designed to provide employees with specialised support when recovering from work-related injuries, illnesses,
Thomas DeBenedetto & Associates Workers' Compensation Attorneys Secures $7.8 Mil …
California Workers' Compensation Attorney Achieves Landmark Victory After 15-Year Legal Battle San Diego, CA - August 8, 2025 - Thomas DeBenedetto & Associates Workers' Compensation Attorneys [https://workerscompensationattorneysandiego.net/], a leading California-based law firm focused exclusively on workers' compensation, has secured one of the largest settlements in state history-$7.835 million, with a projected lifetime benefit value exceeding $10 million. The case involved a worker who suffered severe injuries from a workplace accident, requiring multiple
Matthew Ames Represents Workers in Workers' Compensation Claims in San Fernando …
Los Angeles, CA - April 15, 2025 - Frish Law Group is expanding its reach to represent injured workers in the San Fernando Valley and Los Angeles in workers' compensation claims. Matthew Ames [https://frishlawgroup.com/about-us/matthew-ames/], an experienced attorney in workers' compensation law, is committed to ensuring that injured employees receive the benefits they deserve under California law. Whether it's an injury sustained in a warehouse accident, a construction site, or a retail environment,
Workers' Compensation Lawyer Samantha Kucher Releases Article on Navigating New …
Workers compensation injury lawyer [https://www.rrklawgroup.com/worker-compensation-lawyer/] Samantha Kucher of Kucher Law Group has recently published an enlightening article aimed at assisting New Yorkers in understanding and navigating the complexities of workers' compensation in New York City. The article provides invaluable insights for those who have suffered workplace injuries and are seeking rightful compensation. In her latest work, workers compensation injury lawyer Samantha Kucher details the essential steps injured workers need to take
Workers Compensation in Los Angeles for Hospitality Workers
In the heart of Los Angeles, the vibrant hospitality industry pulsates with energy, offering visitors and locals alike a myriad of experiences to cherish. From bustling restaurants to luxurious hotels, the city's hospitality workers form the backbone of this thriving sector, tirelessly dedicating themselves to ensuring the comfort and satisfaction of patrons. However, amidst the hustle and bustle of this dynamic environment, the risk of workplace injuries looms, underscoring the
IoT Workers Market Next Big Thing | Major Giants Deloitte, Oracle, Wipro, Iot Wo …
Global IoT Workers Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved