European "Insurance Technology" (to grow at a CAGR of 3.74% in 2017-19) with Market Driver, Trend, Challenge, Top Key Vendors

Albany, New York, Jan 16,2017

Throughout the years, numerous protection firms crosswise over Europe have turned out to be progressively subject to innovation and Internet to maintain their business and drive income development and this pattern is relied upon to heighten assist.

The protection part in European nations is probably going to encounter critical development amid the gauge time frame. Notwithstanding, it is subject to the recuperation from late subsidences and monetary emergencies. This situation fluctuates starting with one nation then onto the next relying upon the macroeconomic variables. Moderate financial development has pressurized safety net providers by testing their speculation technique, existing plans of action and procedures, item blend, and working structures. The current plans of action have brought about low speculation pay and item edges. Keeping in mind the end goal to get more prominent venture benefits, speculators are required to disentangle their operations at decreased cost. Enhancing financial conditions in European nations are probably going to expand engine and home deals, and will help in empowering business arrangement.

Expanded digitalization in European nations is relied upon to fuel the protection advertise amid the gauge time frame. It will help insurance agencies achieve clients in an effective way. Numerous bigger protection associations are wanting to put resources into advanced promoting to build up its business. What's more, advances in information investigation will profit insurance agencies in increasing important bits of knowledge. Guarantors are probably going to make a stage for accepting and putting away these bits of knowledge, which helps safety net providers in investigating openings. Benefits increased through investigation experiences for safety net providers incorporates powerful item plan and estimating, office administration, reporting, and enhanced client focusing on procedures.

For More- https://goo.gl/FFcQSC

Technavio's analysts forecast the insurance technology market in Europe to grow at a CAGR of 3.74% during 2014-2019.

-- Covered in this Report
This report covers the overview of the insurance technology market in Europe. The report also includes the PEST analysis of the insurance market in Europe, insurance brokerage market in Europe, and the adoption of third platform technologies such as Cloud, Big Data, and others by the insurance firms.
Technavio's report, Insurance Technology Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

-- Key Vendors
Accenture
Agile Financial Technologies
E&Y
HP
IBM
Mphasis
Oracle
Steria

-- Other Prominent Vendors
Amazon Web Service
BSB
Capgemini
Cognizant Technology Solutions
CSC
FICO
Genpact
Google
Informatica
Netapp
Polaris
Rackspace Hosting
Salesforce
SAP
Symantec
TCS
T-Systems
Verizon Communications
VMware
Wipro

-- Market Driver
Rationalization of Transaction Process
For a full, detailed list, view our report

-- Market Challenge
Reluctance to Change Legacy Systems
For a full, detailed list, view our report

-- Market Trend
Emergence of BaaS in Insurance Billing Operation
For a full, detailed list, view our report

-- Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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