Press release
Huge Investment in Digital Innovation in Insurance Market Expected to Witness the Highest Growth 2025 | Allianz, AXA, Zurich, China Life Insurance, Munich Re Group, Japan Post
Digital Innovation in Insurance Market
The exclusive research report on the Global Digital Innovation in Insurance Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Digital Innovation in Insurance Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.
Some of the most important key factors driving the growth of the Global Digital Innovation in Insurance Market are need to overhaul traditional business models, cost reduction, increased efficiency, and increasing profit margin. However, insurance companies are yet to fully capitalize upon the transformative power of digital technology, and many are still in the process to develop digital strategies that align with their business objectives. Use of digital channels to create new products and services presents a major opportunity for market development.
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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Digital Innovation in Insurance Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.
Regionally, North America and Europe holds major share in Global Digital Innovation in Insurance Market. Moreover, Asia-Pacific is expected to record higher growth rate in Digital Innovation in Insurance market during the forecast year.
Top Major Key Players in the Global Digital Innovation in Insurance Market:
1 AXA
2 Zurich Insurance
3 China Life Insurance
4 Berkshire Hathaway
5 Prudential Financial
6 UnitedHealth Group
7 Munich Re Group
8 Assicurazioni Generali
9 Japan Post
10 Allianz and More..................
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on "Global Digital Innovation in Insurance Market Report 2020" @ https://www.businessindustryreports.com/buy-now/244605/single .
Product Type Segmentation
1 Health Insurance
2 Motor Insurance
3 Home insurance
4 Travel Insurance
5 Commercial Insurance
Industry Segmentation
1 Cloud Computing
2 Internet of Things (IoT)
3 Advanced Analytics
4 Telematics
Global Marketing News:
Allianz (November 14, 2019) - Allianz partners with Microsoft to digitally transform the insurance industry - Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft's Azure cloud and will open-source parts of the solution's core to improve and expand capabilities.
Syncier will offer a configurable version of the solution called ABS Enterprise Edition to insurance providers as a service, allowing them to benefit from one of the most advanced and comprehensive insurance platforms in the industry, reducing costs and centralizing their insurance portfolio management. This will increase efficiencies across all lines of insurance business, resulting in better experiences through tailored customer service and simplified product offerings.
"Teaming up with Microsoft and leveraging Azure's secure and trusted cloud platform will support us in digitalizing the insurance industry," said Christof Mascher, COO and member of the Board of Management of Allianz SE. "Through this partnership, Allianz and Syncier strive to offer one of the most advanced Insurance as a Service solutions on Microsoft Azure. The ABS Enterprise Edition is an exciting opportunity, both for larger insurers needing to replace their legacy IT, and smaller players - such as insurtechs - looking for a scalable insurance platform."
"Allianz is setting the standard for insurance solutions globally," said Jean-Philippe Courtois, EVP and president, Microsoft Global Sales, Marketing & Operations. "Together, Microsoft and Allianz are offering a solution that combines Allianz's deep knowledge of the insurance sector with Microsoft's trusted Azure cloud platform. By delivering an open-source, cloud-based insurance platform and software application marketplace, we will support innovation and transformation across this sector."
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Major Points in Table of Contents:
Global Digital Innovation in Insurance Market Report 2020
1 Digital Innovation in Insurance Product Definition
2 Global Digital Innovation in Insurance Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Digital Innovation in Insurance Shipments
2.2 Global Manufacturer Digital Innovation in Insurance Business Revenue
2.3 Global Digital Innovation in Insurance Market Overview
3 Manufacturer Digital Innovation in Insurance Business Introduction
3.1 AXA Digital Innovation in Insurance Business Introduction
3.2 Zurich Insurance Digital Innovation in Insurance Business Introduction
3.3 China Life Insurance Digital Innovation in Insurance Business Introduction
3.4 Berkshire Hathaway Digital Innovation in Insurance Business Introduction
3.5 Prudential Financial Digital Innovation in Insurance Business Introduction
3.6 UnitedHealth Group Digital Innovation in Insurance Business Introduction
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