Press release
Wearable Tech in Insurance Market, Top key players are Saga,Hastings Direct,RAC,Staysure,CoverForYou,Aon,Swinton,Age UK, Bought By Many,Aviva,Legal & General,Zurich,Royal London,Allianz,Animal Friends
This report provides an in-depth analysis of the wearable tech insurance market. It looks at market size as well as claims, contextual and economic factors, regulations, and opportunities. It provides a thorough overview of the market alongside analysis of how the development of wearable technology will impact the insurance value chain.
By giving insurers access to detail biometric and activity data from policyholders, wearable tech has the potential to bring about considerable opportunities for providers. These include enhancing underwriting accuracy, preventing claims, and increasing customer engagement across a number of different products.
The rise in popularity of health and wellness trends has propelled wearable devices into the mainstream. This has provided the insurance industry with an opportunity to target individuals with products that are aligned with enhancing their health and wellbeing while also providing the same elements of cover as traditional policies. Despite wearable tech offering considerable opportunities for the insurance industry, there are also risks that must be considered when incorporating devices into insurance policies. Above all, policyholders’ fears around the sharing of personal data must be addressed in order for the impact of wearable tech to be sustained.
Get sample copy of this report: https://bit.ly/2JYk42L
Some of the key players operating in this market include:
Saga,Hastings Direct,RAC,Staysure,CoverForYou,Aon,Swinton,Age UK,
Bought By Many,Aviva,Legal & General,Zurich,Royal London,Allianz,Animal Friends,
Direct Line,Admiral,AIG,Chubb,AXA,Bupa,Vitality,More Than,PartnerRe,
SCOR,JohnHancock,Oscar,Apple,Fitbit,Garmin,Samsung,Microsoft,Xiaomi,Sony,HTC,
Fitsense, PitPat, Phillips, Life.io, iRhythm, Senseonics, PetPace, Vivametrica, dacadoo,
Verily,Strava,Huawei
Scope
- Wearable tech will impact the insurance industry across both general and life insurance markets.
- The initial use of wearable tech will be in the gamification of policies, rewarding policyholders for achieving pre-determined goals with the aim of reducing their risk.
- The use of data gathered through wearable’s to personalize premiums and policies will take some time to materialize, given insurers’ reservations surrounding the accuracy of the data.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
TABLE OF CONTENT:
PLAYERS
TECHNOLOGY BRIEFING
TRENDS
INDUSTRY ANALYSIS
VALUE CHAIN
COMPANIES SECTION
GLOSSARY
SINGLE THEME
MULTI-THEME
SECTOR SCORECARD
PLAYERS
TECHNOLOGY BRIEFING
TRENDS
Technology trends
Macroeconomic trends
Regulatory trends
INDUSTRY ANALYSIS
Wearable tech in life insurance
Wearable tech in general insurance
Market size and growth forecasts
Challenges facing insurers incorporating wearables
Competitive analysis
Mergers and acquisitions
Timeline
VALUE CHAIN
COMPANIES SECTION
Public companies
Private companies
GLOSSARY
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY
Get Complete Report: https://bit.ly/2JYk42L
Contact Us:
Sanjay Jain
Manager - Partner Relations & International Marketing
www.reportsandmarkets.com
info@reportsandmarkets.com
Ph: +44-020-3286-9338 (UK)
Ph: +1-214-736-7666 (US)
About Us:
Market research is the new buzzword in the market, which helps in understanding the market potential of any product in the market. Reports And Markets is not just another company in this domain but is a part of a veteran group called Algoro Research Consultants Pvt. Ltd. It offers premium progressive statistical surveying, market research reports, analysis & forecast data for a wide range of sectors both for the government and private agencies all across the world.
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 Wearable Tech in Insurance Market, Top key players are Saga,Hastings Direct,RAC,Staysure,CoverForYou,Aon,Swinton,Age UK, Bought By Many,Aviva,Legal & General,Zurich,Royal London,Allianz,Animal Friends here
News-ID: 1809032 • Views: …
More Releases from REPORTSANDMARKETS
Micro Hotels Market Is Expected to Boom | Nine Hours in Japan, Dean Hotel Dublin …
This report studies the Micro Hotels Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Micro Hotels Market analysis segmented by companies, region, type and applications in the report.
New vendors in the market are facing tough competition from established international vendors…
IT Consulting and Integration Services Market Overview by Advance Technology, Fu …
This report studies the IT Consulting and Integration Services Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete IT Consulting and Integration Services Market analysis segmented by companies, region, type and applications in the report.
The report offers valuable insight into the…
Bumping Services Market Growth, Overview with Detailed Analysis 2022-2028| ASE G …
This report studies the Bumping Services market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Bumping Services market analysis segmented by companies, region, type and applications in the report.
New vendors in the market are facing tough competition from established international vendors…
Laser Powder Bed Fusion (LPBF) Technology Market Overview by Advance Technology, …
This report studies the Laser Powder Bed Fusion (LPBF) Technology market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Laser Powder Bed Fusion (LPBF) Technology market analysis segmented by companies, region, type and applications in the report.
New vendors in the market…
More Releases for Wearable
Wearable Manicure Market
The "Wearable Manicure Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wearable Manicure Market, 2024-2031
Verified Market Research's most recent report, "Wearable Manicure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Wearable Biosensors Industry: Unveiling Health Insights through Wearable Technol …
The wearable biosensors market is predicted to rise to US$ 65,400.2 Million by 2033 from an estimated US$ 29,648.8 Million in 2023. From 2023 to 2033, the market for wearable biosensors is anticipated to expand at a CAGR of 8.2%.
The wearable biosensors market is revolutionizing personalized healthcare by enabling real-time monitoring of health parameters and providing valuable insights for individuals. Wearable biosensors, integrated into devices such as smartwatches, fitness bands,…
Pet Wearable
Global Pet Wearable Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. The Pet Wearable can be defined as smart wearable devices intended for pets. These devices are utilized for identification and tracking of pets. Pet wearable comprised of different devices such as Smart Collar, Smart Vest, Smart Harness, and…
Wearable Injectors Market | On-body Wearable Injectors, Off-body Wearable Inject …
A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order…
WEARABLE TECHNOLOGY REVOLUTION IN THE HEALTHCARE INDUSTRY BY DEVICES (WEARABLE M …
The various scientific advancements are constantly transforming the healthcare industry to improve patient care and diagnosis. The advent of smart wearable technology is modifying the healthcare industry in the form of wearable medical devices. Let’s take a look at some of the most trending gadgets that are enhancing the lives of patients using this user-friendly wearable technology:
Biopatches, Bands, and Phone Pads for Heart Rate Monitoring:
Biopatches are lightweight, wireless diagnostic wearable…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
