Press release
Identity Theft Insurance Market Segmentation, investment opportunities, market size, sales and revenue, industry analysis, and projected by 2018-2025
Identity theft is a crime, a type of fraud in which an imposter steals individual information of another person (or a company) and uses it by pretending to be someone else in order to gain some benefit (e.g. money or goods). An identity theft can cause a victim both a financial and emotional damage and also a waste of time and energy needed to avoid consequences of the fraud.The identity theft can also affect companies, causing not only economic but also reputational damages (e.g. the imposter offers lower quality services compared to the ones offered by the original company). Moreover the companies are supposed to protect beyond themself, also their employees, clients and suppliers, and so they are responsible to damages caused to the third parties in a case of bad handling of their sensible data. Depending on a different country the fine for not proper handling such data could be very high. Therefore, in order to prevent that risk, the most important practices are the training of the employees about the risks and manners in which identity theft can be performed, and the countermeasures to adopt. Also it is advisable to have a good information system provided with adequate security and constantly updated.
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In 2017, the global Identity Theft Insurance market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report focuses on the global Identity Theft Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Identity Theft Insurance development in United States, Europe and China.
The key players covered in this study
Erie
Allstate
American Family
Hanover
Liberty Mutual
MetLife
Nationwide
State Farm
Travelers
USAA
Esurance
GEICO
AXA
Allianz
Market segment by Type, the product can be split into
Credit Card Fraud
Employment or Tax-Related Fraud
Phone or Utility Fraud
Bank Fraud
Market segment by Application, split into
Consumer
Enterprise
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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