COVID Impact On Global Insurtech Market 2020-2025

COVID-19 has impacted the insurance industry, especially in Asia Pacific and Middle East & Africa, and thus the market share of that region has sparked the insurance industry, to capture that market insurance companies are adopting new business strategies in payment methods and services which create revenue opportunities during lockdown situations.

COVID-19 has increased the health risk in the human beings and opened new market opportunities for insurance companies.

The demand of Insurtech has increased and the figures of the forecasted period is also tending to increase in the pandemic.

Global insurtech market size is expected to grow due to many key factors such as simplification of the claims process, improved communication with the clients and implementation of automation capabilities.

PolicyBazaar.com is an Indian company and provide a platform to offer insurance products. They have several insurance plans such as life insurance, health insurance, motor insurance, travel insurance and group insurance.

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Quantemplate Limited. is a U.S. based insurance technology company. They provide product and services to insurance companies like data integration, machine learning and analytics solutions.

It is estimated that North America will hold largest share in this market as the adoption rate of insurance technology solutions are increasing in the region.

ZhongAn Online P&C Insurance Co. Ltd. is a Chinese online insurance company and provide services in consumer finance, auto, health, travel and lifestyles sectors.

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COMPANIES PROFILED
Quantemplate Limited
ZhongAn Online P&C Insurance Co. Ltd
PolicyBazaar.com

THIS INSURTECH MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Insurtech Market size and Forecast , by region, by application
2. Average B-2-B price for Insurtech Market, by region, per user
3. Technology trends and related opportunity for new Insurtech Market tech suppliers
4. Market share of leading vendors, by region,
5. Coronavirus impact on Insurtech Market earnings

Media Contact
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

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This release was published on openPR.