Press release
Insurance Analytics Market Report 2023: By Key Players, Trends, Size, Share and Forecast 2023-2029
In March 2021, Oracle Insurance Policy Administration (OIPA) collaborated with ClearView Wealth Ltd. In this collaboration, ClearView selected OIPA to support its digital transformation journey. This collaboration is a part of broader technology investment by the company to modernize its systems & processes. ClearView will use these technologies to decrease their operation cost, fulfill their basic requirements and enhance the digital experience for both employees and customers.
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In January 2021, IBM collaborated with Thai Reinsurance Public Company Limited (Thai Re). In this collaboration, Thai Re introduced Insurer Network, a reinsurance smart contract production network utilizing IBM blockchain technology on IBM Cloud.
MicroStrategy partnered with Kyvos Insights in January 2021, a cloud and big data analytics company. In this, MicroStrategy built and introduced the latest Kyvos gateway connector with its new version MicroStrategy 2021. This connector is the next step in Kyvos and MicroStrategy's partnership to assist companies to make the most out of their data and get quick business insights.
Microsoft also teamed up with Reliance General Insurance (RGI), a subsidiary of Reliance Capital. Under this collaboration, RGI boosted its vehicle claim process by releasing Rapid incorporated with image analytics powered by Microsoft Azure Cognitive Services and Azure Machine Learning capabilities. This end-to-end solution would help to offer a quick and effortless customer experience at the time of making vehicle claims.
Market Coverage
The market number available for - 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
o By Application
o By Deployment
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Hexaware Technologies, LexisNexis Risk Solutions, OpenText, Sapiens International, and Verisk Analytics, Inc.
Key Questions Addressed by the Report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Insurance Analytics Market - Segmentation
By Application
Claims Management
Risk Management
Customer Management and Personalization
Process Optimization
Others
By Deployment
On-premise
Cloud
By End-User
Insurance Companies
Government Agencies
Third-party Administrators, Brokers, & Consultancies
A full report of Insurance Analytics Market is available at: https://www.omrglobal.com/industry-reports/insurance-analytics-market
Insurance Analytics Market- Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Applied Systems, Inc.
Aptitive
Board International SA
BRIDGEi2i
CyberCube Analytics Inc.
Damco Group
Hexaware Technologies Ltd.
IBM Corp.
InsuredMine Inc.
LexisNexis Risk Solutions Group
Luminant Analytics GmbH
OpenText Corp.
Pentation AnalyticsPvt Ltd.
Qlik International AB
RiskVille Ltd.
SAP SE
Sapiens International Corp.
Reasons to Buying From us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Learning Objective
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Analytics as a service Market.
• To provide insights about factors affecting the market growth.
• To Analyze the Analytics as a service Market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.
• To provide historical and forecast revenue of the…
