Press release
Insurance Market Share 2021 COVID-19 Impact and Regional Outlook 2030
Most insurance companies are increasing their digital investments and closing gaps in their business continuity plans. Integration of third-party data to reduce risk is becoming important. Customers are reminded of the importance of insurance in their lives throughout the covid-19 situation.
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Health insurance helps with drug and treatment plans for the sick, employment insurance aids those affected by the economic downturn, and business interruption coverage aids businesses unable to operate. Emergencies like COVID-19 highlight the importance of insurers seamlessly integrating reliable data sources, actionable insights, and responsive control measures to help them navigate the uncertain landscape. Insurers can navigate this difficult period by leveraging data and investing in digitization and analytics.
Global Insurance Market Segmentation:
Global Insurance Market, by Component
Tools
Services
Global Insurance Market, by Application
Claims Management
Risk Management
Customer Management and Personalization
Process Optimization
Others
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Global Insurance Market, by Deployment Mode
On-premises
Cloud
Global Insurance Market, by Organization Size
Large Enterprises
SMEs
Global Insurance Market, by End-Use
Insurance Companies
Government Agencies
Third-party Administrators, Brokers and Consultancies
Based on the region, the Global Insurance printing market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, North America hold the largest share in the global insurance market. Asia Pacific is the fastest growing region of global insurance market.
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Global Insurance Market, by region
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
Slovenia
Slovakia
The Netherlands
Belgium
Norway
Denmark
Czech Republic
Sweden
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Vietnam
The Philippines
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of Latin America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Major market players covered in the Global Insurance Market:
IBM
Salesforce
Oracle
Microsoft
Sapiens
OpenText Verisk Analytics
Vertafore
TIBCO
Qlik
Board International
MicroStrategy (US),
Guidewire Software LexisNexis Risk Solutions
WNS Hexaware Technologies
Pegasystems
InsuredMine
ReFocus AI
RiskVille
Pentation Analytics
Habit Analytics
Artivatic.ai
CyberCube
Arceo.ai
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