Press release
Disability Insurance Market 2023 Key Drivers, Industry Insights, Future Growth And Forecast To 2032 | Major Players Are AEGON N.V., Assurity Group Inc., Allianz SE, Assicurazioni generali spa, Aviva plc, AXA Group
Disability Insurance Market
The Business Research Company's Disability Insurance Global Market Report 2023 identifies Increasing number of insurance claims as the major driver for the Disability Insurance Market's growth in the forecast period. An insurance claim refers to a formal request for compensation for losses covered by the insurance policy made to the insurance provider. Disability insurance provides protection against catastrophic injuries and illnesses that can result in a person's unemployment. Disability insurance can also protect against diseases such as heart disease and cancer. Hence, the increasing number of insurance claims is expected to propel the disability insurance market.
The global disability insurance market size is expected to grow from $3.28 billion in 2022 to $3.70 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global disability insurance market size is expected to reach $5.7 billion in 2027 at a CAGR of 11.3%.
Download Free Sample Of Disability Insurance Market Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10806&type=smp
Major competitors in the disability insurance market are AEGON N.V., Assurity Group Inc., Allianz SE, Assicurazioni generali spa, Aviva plc, AXA Group, Munich Re Group, Zurich Financial Services, Nippon Life Insurance, Gerber Life Insurance, MetLife Services and Solutions, LLC, Ping An Insurance, Guardian Life Insurance Company, Illinois Mutual, Petersen International Underwriters (PIU), Massmutual, and Mutual of Omaha.
A key trend in the Disability Insurance Market includes technological advancement. Major companies operating in the disability insurance market focus on integrating new technologies to automate insurance claims. For instance, in February 2022, FastTrack, a US-based life and disability insurance technology provider, launched a new PTD Auto-Recertification Solution. With the help of the new solution, carriers can benefit from trigger questions on digitized claimant statements and low-code/no-code implementation procedures. The service requires very little to no IT support from carriers during the implementation process.
Read More On The Global Disability Insurance Market Report Here:
https://www.thebusinessresearchcompany.com/report/disability-insurance-global-market-report
The Disability Insurance Market is segmented -
By Insurance Type: Employer Supplied Disability Insurance, Individual Disability Insurance, High Limit Disability Insurance, Business Overhead Expense Disability Insurance, Other Insurance Types
By Coverage Type: Short Term Disability Insurance, Long Term Disability Insurance
By End User: Government, Enterprise, Individual
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Disability Insurance Market.
The Business Research Company's "Global Disability Insurance Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Disability Insurance Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10806
The Table Of Content For The Disability Insurance Market Include:
1. Executive Summary
2. Disability Insurance Market Characteristics
3. Disability Insurance Market Trends And Strategies
4. Disability Insurance Market - Macro Economic Scenario
5. Disability Insurance Market Size And Growth
……
26. Africa Disability Insurance Market
27. Disability Insurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Disability Insurance Market
29. Disability Insurance Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Disability Insurance Market 2023 Key Drivers, Industry Insights, Future Growth And Forecast To 2032 | Major Players Are AEGON N.V., Assurity Group Inc., Allianz SE, Assicurazioni generali spa, Aviva plc, AXA Group here
News-ID: 3166677 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Insurance
Renters Insurance Market Dazzling Worldwide with Major Giants Travelers Insuranc …
According to HTF Market Intelligence, the Global Renters Insurance market to witness a CAGR of xx% during the forecast period (2024-2030). The Latest research study released by HTF MI "Renters Insurance Market with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying…
Renters Insurance Market to See Competition Rise | Travelers Insurance, Geico In …
HTF MI introduces new research on Renters Insurance covering the micro level of analysis by competitors and key business segments (2023-2029). The Renters Insurance explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled…
Insurance Road Assistance Services Market Is Booming Worldwide | Travelers Insur …
Insurance Road Assistance Services Market: The extensive research on Insurance Road Assistance Services Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Insurance Road Assistance Services Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the…
Agriculture Crop Insurance Market Type (MPCI Insurance, Hail Insurance, Livestoc …
Agriculture Crop Insurance market worldwide Agriculture is an important contributor to any economy. The extensive use of crops for direct human consumption and industrial processes has resulted in increasing the pressure on the existing supply demand gap. Increasing need for food security is expected to augment the demand for insurance policies. The two major risks in agricultural sector are price risk, caused due to volatility in prices in the market…
Household Insurance Market By Key Players: Discount Insurance Home Insurance, On …
Household Insurance Industry Overview
The Household Insurance market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Household Insurance market growth. In addition, the current mergers and acquisition by key players in the market have been described at length. Additionally, the historical information and current growth of the market have been given in the scope of the research report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Household Insurance market…
Life Insurance Market in Kuwait By Warba Insurance Company, Al Ahleia Insurance …
GlobalData’s 'Life Insurance in Kuwait, Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Kuwaiti life insurance segment, and a comparison of the Kuwaiti insurance industry with its regional counterparts.
It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2012-2016) and forecast period (2016-2021).
The report also…
