Technavio
Announces the Publication of its Research Report Global Insurtech Market
2016-2020
Technavio recognizes the following companies as the key players in the global insurtech market: Friendsurance, Guevara, Oscars, and Zhong An.
Other Prominent Vendors in the market are: Acculitx, Allay, Analyze Re, Array Health, BankBazaar.com, Bayzat, Bought By Many, Censio, Claim Di, Collective Health, Common Easy, CoverFox, CoverHound, Cuvva, Dynamis Software, EaseCentral, Eligible, EverQuote, FirstBest Systems, Gather, Gives range, GoHealth, Goji, Gravie, GroupHub, Haven Life, HealthCare.com, HealthSherpa, Hixme, InforcePRO, insPeer, insuremyrentalcar.com, Insurify, Jointly, Justworks, Ladder, Limelight Health, Lumity, Maxwell Health, Metromile, miEdge, Navera, Picwell, PlanSource, PokitDok, PolicyBazaar, PolicyGenius, Praedicat, QuanTemplate, RenewBuy, ROOT, Sherpaa, Shift Technology, SimplyInsured, Snapsheet, Spex, Stride Health, Sure, Sureify, Inspool, Zebra, TongJuBao, Trov, Tyche, Uvamo, Zenefits, Zest Health, and Zipari.
Commenting on the report, an analyst from Technavio’s team said: “Many insurance companies are focusing on expense management in a bid to increase profit margins. This is possible only through the application of technology. Many insurers are shifting their focus from stand-alone technology projects to an environment where there is a continuous technological improvement. The top vendors are executing M&A and joint ventures to reduce costs.”
According to the report, many top banks and insurance companies are expected to enhance their offerings or develop strategic partnerships with financial technology innovators to provide innovative payment solutions to customers. The advances and innovations in technologies and different financial, technological platforms have also increased the customers' need for better online experiences.
Technavio recognizes the following companies as the key players in the global insurtech market: Friendsurance, Guevara, Oscars, and Zhong An.
Other Prominent Vendors in the market are: Acculitx, Allay, Analyze Re, Array Health, BankBazaar.com, Bayzat, Bought By Many, Censio, Claim Di, Collective Health, Common Easy, CoverFox, CoverHound, Cuvva, Dynamis Software, EaseCentral, Eligible, EverQuote, FirstBest Systems, Gather, Gives range, GoHealth, Goji, Gravie, GroupHub, Haven Life, HealthCare.com, HealthSherpa, Hixme, InforcePRO, insPeer, insuremyrentalcar.com, Insurify, Jointly, Justworks, Ladder, Limelight Health, Lumity, Maxwell Health, Metromile, miEdge, Navera, Picwell, PlanSource, PokitDok, PolicyBazaar, PolicyGenius, Praedicat, QuanTemplate, RenewBuy, ROOT, Sherpaa, Shift Technology, SimplyInsured, Snapsheet, Spex, Stride Health, Sure, Sureify, Inspool, Zebra, TongJuBao, Trov, Tyche, Uvamo, Zenefits, Zest Health, and Zipari.
Commenting on the report, an analyst from Technavio’s team said: “Many insurance companies are focusing on expense management in a bid to increase profit margins. This is possible only through the application of technology. Many insurers are shifting their focus from stand-alone technology projects to an environment where there is a continuous technological improvement. The top vendors are executing M&A and joint ventures to reduce costs.”
According to the report, many top banks and insurance companies are expected to enhance their offerings or develop strategic partnerships with financial technology innovators to provide innovative payment solutions to customers. The advances and innovations in technologies and different financial, technological platforms have also increased the customers' need for better online experiences.
Know more about sample report: https://marketreportscenter.com/reports/470072/global-insurtech-market-2016-2020#
Further, the
report states that It is important for the insured to disclose the exact information
to the insurance company. This will help the insured to avoid the number of
fraud claims. And this rise in fraud cases has a direct impact on the
customers' claim experience. Insurance companies have started conducting
stringent checks before paying claim amounts. One of the instances where most
fraudulent claims are made is with whiplash injuries. Claims, which are based
on whiplash injuries, are common following an accident.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470072
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Get discount: https://marketreportscenter.com/request-discount/470072
About Insurtech
The insurance
technology or insurtech is an increasing phenomenon that has revamped the
insurance industry to connect with a wider customer base consisting of High Net
Worth individuals (HNWI), upper middle-income group, and lower middle-income
group. The insurtech platforms have the potential to help insurance companies
to improve their relevancy to the customers to rebuild their trust. This will
help in customer engagement.
Technavio’s analysts forecast the global insurtech market to grow at a CAGR of 10.41% during the period 2016-2020.
Technavio’s analysts forecast the global insurtech market to grow at a CAGR of 10.41% during the period 2016-2020.
Covered in
this report
The report covers the present scenario and the growth prospects of the global insurtech market for 2016-2020. To calculate the market size, the report considers the investments made in insurtech platforms in the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Insurtech Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Friendsurance
• Guevara
• Oscars
• Zhong An
Other prominent vendors
• Acculitx
• Allay
• Analyze Re,
• Array Health
• BankBazaar.com
• Bayzat
• Bought By Many
• Censio
• Claim Di
• Collective Health
• Common Easy
• CoverFox
• CoverHound
• Cuvva
• Dynamis Software
• EaseCentral
• Eligible
• EverQuote
• FirstBest Systems
• Gather
• Gives range
• GoHealth
• Goji
• Gravie
• GroupHub
• Haven Life
• HealthCare.com
• HealthSherpa
• Hixme
• InforcePRO
• insPeer
• insuremyrentalcar.com
• Insurify
• Jointly
• Justworks
• Ladder
• Limelight Health
• Lumity
• Maxwell Health
• Metromile
• miEdge
• Navera
• Picwell
• PlanSource
• PokitDok
• PolicyBazaar
• PolicyGenius
• Praedicat
• QuanTemplate
• RenewBuy
• ROOT
• Sherpaa
• Shift Technology
• SimplyInsured
• Snapsheet
• Spex
• Stride Health
• Sure
• Sureify
• Inspool
• Zebra
• TongJuBao
• Trov,
• Tyche
• Uvamo
• Zenefits
• Zest Health
• Zipari
Market driver
• Growth of Internet-based business ecosystem
• For a full, detailed list, view our report
Market challenge
• Increasing fraudulent claims
• For a full, detailed list, view our report
Market trend
• Incorporating big data analytics
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
The report covers the present scenario and the growth prospects of the global insurtech market for 2016-2020. To calculate the market size, the report considers the investments made in insurtech platforms in the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Insurtech Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Friendsurance
• Guevara
• Oscars
• Zhong An
Other prominent vendors
• Acculitx
• Allay
• Analyze Re,
• Array Health
• BankBazaar.com
• Bayzat
• Bought By Many
• Censio
• Claim Di
• Collective Health
• Common Easy
• CoverFox
• CoverHound
• Cuvva
• Dynamis Software
• EaseCentral
• Eligible
• EverQuote
• FirstBest Systems
• Gather
• Gives range
• GoHealth
• Goji
• Gravie
• GroupHub
• Haven Life
• HealthCare.com
• HealthSherpa
• Hixme
• InforcePRO
• insPeer
• insuremyrentalcar.com
• Insurify
• Jointly
• Justworks
• Ladder
• Limelight Health
• Lumity
• Maxwell Health
• Metromile
• miEdge
• Navera
• Picwell
• PlanSource
• PokitDok
• PolicyBazaar
• PolicyGenius
• Praedicat
• QuanTemplate
• RenewBuy
• ROOT
• Sherpaa
• Shift Technology
• SimplyInsured
• Snapsheet
• Spex
• Stride Health
• Sure
• Sureify
• Inspool
• Zebra
• TongJuBao
• Trov,
• Tyche
• Uvamo
• Zenefits
• Zest Health
• Zipari
Market driver
• Growth of Internet-based business ecosystem
• For a full, detailed list, view our report
Market challenge
• Increasing fraudulent claims
• For a full, detailed list, view our report
Market trend
• Incorporating big data analytics
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
Table
of content: https://marketreportscenter.com/reports/470072/global-insurtech-market-2016-2020#toc
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