Press release
P&C Insurance Software Market New Highs - Current Trends and Growth Drivers Along with Key Industry Players Guidewire Software, Inc., InsuredMine, PCMS Software, Pegasystems Inc.
At the same time, restraining factors that are expected to obstruct or hold the growth of the industry are also presented by our expert analysts in order to provide the key market players with a detailed scenario of future threats in advance. Furthermore, the report provides a quantitative and qualitative analysis of the market and outlines the pain point analysis, value chain analysis, and key regulations.
The global P&C Insurance Software Market Size was valued at $11.6 billion in 2021, and is projected to reach $28.5 billion by 2031, growing at a CAGR of 9.6% from 2022 to 2031.
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The P&C Insurance software market is segmented on the basis of component, deployment model, application, and region. By component, the market is bifurcated into software and service. By deployment model, the market is segmented into on-premise and cloud. Based on application the market is divided into claims, underwriting, operations, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the P&C Insurance software market analysis are Agency Software Inc., ClarionDoor, Duck Creek Technologies, Guidewire Software, Inc., InsuredMine, PCMS Software, Pegasystems Inc., Quick Silver Systems, Inc., WTW, and Zywave, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
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P&C Insurance Software Market Report Highlights
Component
Software
Service
Deployment Model
On Premise
Cloud
Application
Claims
Underwriting
Operations
Others
By Region
North America (U.S., Canada)
Europe (UK, Germany, France, Italy, Spain, Netherlands, Rest Of Europe)
Asia-Pacific (China, Japan, South Korea, India, Australia, Rest Of LAMEA)
LAMEA (Latin America, Middle East, Africa)
Key Market Players : Agency Software,Inc., ClarionDoor, Duck Creek Technologies, Guidewire Software, Inc., InsuredMine, PCMS Software, Pegasystems Inc., Quick Silver Systems, Inc., WTW, Zywave, Inc.
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