Global Insurance Technology research

Insurance Technology Comprehensive Study by Type (Artificial Intelligence, Machine Learning, Internet of Things, Smart apps, Drones, Others), Services (Consulting, Support and maintenance, Managed services), Platform (Full-stack Insurers, Agents, Brokers), End Use (Automotive, BFSI, Government, Healthcare, Manufacturing, Retail, Transportation, Others) Players and Region - Global Market Outlook to 2030

Insurance Technology Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 12.7%  

Access Sample Report Make An Enquiry Before Purchase
  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Insurance Technology Market Scope
Insurance technology is a category of constantly changing technologies which are used in insurance industry. In other words, the technology used by an insurance company to increase the efficiency of its operations could be considered insurance technology. This technology can be new which is introduced to insurers' operations to save on costs or streamline processes. For instance, the industry uses chatbot and smartphone apps to streamline the backend process. Hence, the Insurance companies no longer need to hire customer service employees to respond to every customer's concern.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
Key Companies ProfiledDamco Group (United States), DXC Technology Company (United States), Majesco (United States), Oscar Insurance (United States), Quantemplate (United Kingdom), Shift Technology (United States), Trōv, Inc. (United States), Wipro Limited (India), Zhongan Insurance (China) and Banc Insurance Agency, Inc. (United States)
CAGR12.7%


The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Insurance Technology market throughout the predicted period.

Damco Group (United States), DXC Technology Company (United States), Majesco (United States), Oscar Insurance (United States), Quantemplate (United Kingdom), Shift Technology (United States), Trōv, Inc. (United States), Wipro Limited (India), Zhongan Insurance (China) and Banc Insurance Agency, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Clover Health (United States) and Earnix Ltd. (United Kingdom).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Insurance Technology market by Type and Region with country level break-up.

On the basis of geography, the market of Insurance Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2023.

Market Leaders and their expansionary development strategies
In November 2023, Allianz partnered with Microsoft to leverage Azure cloud computing and AI capabilities for faster product development and personalized customer experiences.
In October 2023, Metromile launched its pay-per-mile car insurance in California, expanding its personalized insurance model to a new state. If you're a low-mileage driver, it's definitely worth checking out Metromile to see if you can save money on your car insurance.


Influencing Trend:
Adoption of Technologies in Insurance Processes

Market Growth Drivers:
Increasing Complexity of Data and Process in Insurance Industry and Increasing Need for Quick Customer Service

Challenges:
Lack of Skilled Professionals

Restraints:
High Costs Associated with the Initial Investments and Increasing Security Threats by Cyber Attacks

Opportunities:
Growing Insurance Industry and Increasing Awareness About the Insurtech and Digitalization

Key Target Audience
Insurance providers, Hardware Manufacturers, Government associations, Research organizations, Software vendors and Others

Report Objectives / Segmentation Covered

By Type
  • Artificial Intelligence
  • Machine Learning
  • Internet of Things
  • Smart apps
  • Drones
  • Others
By Services
  • Consulting
  • Support and maintenance
  • Managed services

By Platform
  • Full-stack Insurers
  • Agents
  • Brokers

By End Use
  • Automotive
  • BFSI
  • Government
  • Healthcare
  • Manufacturing
  • Retail
  • Transportation
  • Others

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increasing Complexity of Data and Process in Insurance Industry
      • 3.2.2. Increasing Need for Quick Customer Service
    • 3.3. Market Challenges
      • 3.3.1. Lack of Skilled Professionals
    • 3.4. Market Trends
      • 3.4.1. Adoption of Technologies in Insurance Processes
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Insurance Technology, by Type, Services, Platform, End Use and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Insurance Technology (Value)
      • 5.2.1. Global Insurance Technology by: Type (Value)
        • 5.2.1.1. Artificial Intelligence
        • 5.2.1.2. Machine Learning
        • 5.2.1.3. Internet of Things
        • 5.2.1.4. Smart apps
        • 5.2.1.5. Drones
        • 5.2.1.6. Others
      • 5.2.2. Global Insurance Technology by: Services (Value)
        • 5.2.2.1. Consulting
        • 5.2.2.2. Support and maintenance
        • 5.2.2.3. Managed services
      • 5.2.3. Global Insurance Technology by: Platform (Value)
        • 5.2.3.1. Full-stack Insurers
        • 5.2.3.2. Agents
        • 5.2.3.3. Brokers
      • 5.2.4. Global Insurance Technology by: End Use (Value)
        • 5.2.4.1. Automotive
        • 5.2.4.2. BFSI
        • 5.2.4.3. Government
        • 5.2.4.4. Healthcare
        • 5.2.4.5. Manufacturing
        • 5.2.4.6. Retail
        • 5.2.4.7. Transportation
        • 5.2.4.8. Others
      • 5.2.5. Global Insurance Technology Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
    • 5.3. Global Insurance Technology (Price)
      • 5.3.1. Global Insurance Technology by: Type (Price)
  • 6. Insurance Technology: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Damco Group (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. DXC Technology Company (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Majesco (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Oscar Insurance (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Quantemplate (United Kingdom)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Shift Technology (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Trōv, Inc. (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Wipro Limited (India)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Zhongan Insurance (China)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Banc Insurance Agency, Inc. (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Insurance Technology Sale, by Type, Services, Platform, End Use and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Insurance Technology (Value)
      • 7.2.1. Global Insurance Technology by: Type (Value)
        • 7.2.1.1. Artificial Intelligence
        • 7.2.1.2. Machine Learning
        • 7.2.1.3. Internet of Things
        • 7.2.1.4. Smart apps
        • 7.2.1.5. Drones
        • 7.2.1.6. Others
      • 7.2.2. Global Insurance Technology by: Services (Value)
        • 7.2.2.1. Consulting
        • 7.2.2.2. Support and maintenance
        • 7.2.2.3. Managed services
      • 7.2.3. Global Insurance Technology by: Platform (Value)
        • 7.2.3.1. Full-stack Insurers
        • 7.2.3.2. Agents
        • 7.2.3.3. Brokers
      • 7.2.4. Global Insurance Technology by: End Use (Value)
        • 7.2.4.1. Automotive
        • 7.2.4.2. BFSI
        • 7.2.4.3. Government
        • 7.2.4.4. Healthcare
        • 7.2.4.5. Manufacturing
        • 7.2.4.6. Retail
        • 7.2.4.7. Transportation
        • 7.2.4.8. Others
      • 7.2.5. Global Insurance Technology Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
    • 7.3. Global Insurance Technology (Price)
      • 7.3.1. Global Insurance Technology by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Insurance Technology: by Type(USD Million)
  • Table 2. Insurance Technology Artificial Intelligence , by Region USD Million (2018-2023)
  • Table 3. Insurance Technology Machine Learning , by Region USD Million (2018-2023)
  • Table 4. Insurance Technology Internet of Things , by Region USD Million (2018-2023)
  • Table 5. Insurance Technology Smart apps , by Region USD Million (2018-2023)
  • Table 6. Insurance Technology Drones , by Region USD Million (2018-2023)
  • Table 7. Insurance Technology Others , by Region USD Million (2018-2023)
  • Table 8. Insurance Technology: by Services(USD Million)
  • Table 9. Insurance Technology Consulting , by Region USD Million (2018-2023)
  • Table 10. Insurance Technology Support and maintenance , by Region USD Million (2018-2023)
  • Table 11. Insurance Technology Managed services , by Region USD Million (2018-2023)
  • Table 12. Insurance Technology: by Platform(USD Million)
  • Table 13. Insurance Technology Full-stack Insurers , by Region USD Million (2018-2023)
  • Table 14. Insurance Technology Agents , by Region USD Million (2018-2023)
  • Table 15. Insurance Technology Brokers , by Region USD Million (2018-2023)
  • Table 16. Insurance Technology: by End Use(USD Million)
  • Table 17. Insurance Technology Automotive , by Region USD Million (2018-2023)
  • Table 18. Insurance Technology BFSI , by Region USD Million (2018-2023)
  • Table 19. Insurance Technology Government , by Region USD Million (2018-2023)
  • Table 20. Insurance Technology Healthcare , by Region USD Million (2018-2023)
  • Table 21. Insurance Technology Manufacturing , by Region USD Million (2018-2023)
  • Table 22. Insurance Technology Retail , by Region USD Million (2018-2023)
  • Table 23. Insurance Technology Transportation , by Region USD Million (2018-2023)
  • Table 24. Insurance Technology Others , by Region USD Million (2018-2023)
  • Table 25. South America Insurance Technology, by Country USD Million (2018-2023)
  • Table 26. South America Insurance Technology, by Type USD Million (2018-2023)
  • Table 27. South America Insurance Technology, by Services USD Million (2018-2023)
  • Table 28. South America Insurance Technology, by Platform USD Million (2018-2023)
  • Table 29. South America Insurance Technology, by End Use USD Million (2018-2023)
  • Table 30. Brazil Insurance Technology, by Type USD Million (2018-2023)
  • Table 31. Brazil Insurance Technology, by Services USD Million (2018-2023)
  • Table 32. Brazil Insurance Technology, by Platform USD Million (2018-2023)
  • Table 33. Brazil Insurance Technology, by End Use USD Million (2018-2023)
  • Table 34. Argentina Insurance Technology, by Type USD Million (2018-2023)
  • Table 35. Argentina Insurance Technology, by Services USD Million (2018-2023)
  • Table 36. Argentina Insurance Technology, by Platform USD Million (2018-2023)
  • Table 37. Argentina Insurance Technology, by End Use USD Million (2018-2023)
  • Table 38. Rest of South America Insurance Technology, by Type USD Million (2018-2023)
  • Table 39. Rest of South America Insurance Technology, by Services USD Million (2018-2023)
  • Table 40. Rest of South America Insurance Technology, by Platform USD Million (2018-2023)
  • Table 41. Rest of South America Insurance Technology, by End Use USD Million (2018-2023)
  • Table 42. Asia Pacific Insurance Technology, by Country USD Million (2018-2023)
  • Table 43. Asia Pacific Insurance Technology, by Type USD Million (2018-2023)
  • Table 44. Asia Pacific Insurance Technology, by Services USD Million (2018-2023)
  • Table 45. Asia Pacific Insurance Technology, by Platform USD Million (2018-2023)
  • Table 46. Asia Pacific Insurance Technology, by End Use USD Million (2018-2023)
  • Table 47. China Insurance Technology, by Type USD Million (2018-2023)
  • Table 48. China Insurance Technology, by Services USD Million (2018-2023)
  • Table 49. China Insurance Technology, by Platform USD Million (2018-2023)
  • Table 50. China Insurance Technology, by End Use USD Million (2018-2023)
  • Table 51. Japan Insurance Technology, by Type USD Million (2018-2023)
  • Table 52. Japan Insurance Technology, by Services USD Million (2018-2023)
  • Table 53. Japan Insurance Technology, by Platform USD Million (2018-2023)
  • Table 54. Japan Insurance Technology, by End Use USD Million (2018-2023)
  • Table 55. India Insurance Technology, by Type USD Million (2018-2023)
  • Table 56. India Insurance Technology, by Services USD Million (2018-2023)
  • Table 57. India Insurance Technology, by Platform USD Million (2018-2023)
  • Table 58. India Insurance Technology, by End Use USD Million (2018-2023)
  • Table 59. South Korea Insurance Technology, by Type USD Million (2018-2023)
  • Table 60. South Korea Insurance Technology, by Services USD Million (2018-2023)
  • Table 61. South Korea Insurance Technology, by Platform USD Million (2018-2023)
  • Table 62. South Korea Insurance Technology, by End Use USD Million (2018-2023)
  • Table 63. Taiwan Insurance Technology, by Type USD Million (2018-2023)
  • Table 64. Taiwan Insurance Technology, by Services USD Million (2018-2023)
  • Table 65. Taiwan Insurance Technology, by Platform USD Million (2018-2023)
  • Table 66. Taiwan Insurance Technology, by End Use USD Million (2018-2023)
  • Table 67. Australia Insurance Technology, by Type USD Million (2018-2023)
  • Table 68. Australia Insurance Technology, by Services USD Million (2018-2023)
  • Table 69. Australia Insurance Technology, by Platform USD Million (2018-2023)
  • Table 70. Australia Insurance Technology, by End Use USD Million (2018-2023)
  • Table 71. Rest of Asia-Pacific Insurance Technology, by Type USD Million (2018-2023)
  • Table 72. Rest of Asia-Pacific Insurance Technology, by Services USD Million (2018-2023)
  • Table 73. Rest of Asia-Pacific Insurance Technology, by Platform USD Million (2018-2023)
  • Table 74. Rest of Asia-Pacific Insurance Technology, by End Use USD Million (2018-2023)
  • Table 75. Europe Insurance Technology, by Country USD Million (2018-2023)
  • Table 76. Europe Insurance Technology, by Type USD Million (2018-2023)
  • Table 77. Europe Insurance Technology, by Services USD Million (2018-2023)
  • Table 78. Europe Insurance Technology, by Platform USD Million (2018-2023)
  • Table 79. Europe Insurance Technology, by End Use USD Million (2018-2023)
  • Table 80. Germany Insurance Technology, by Type USD Million (2018-2023)
  • Table 81. Germany Insurance Technology, by Services USD Million (2018-2023)
  • Table 82. Germany Insurance Technology, by Platform USD Million (2018-2023)
  • Table 83. Germany Insurance Technology, by End Use USD Million (2018-2023)
  • Table 84. France Insurance Technology, by Type USD Million (2018-2023)
  • Table 85. France Insurance Technology, by Services USD Million (2018-2023)
  • Table 86. France Insurance Technology, by Platform USD Million (2018-2023)
  • Table 87. France Insurance Technology, by End Use USD Million (2018-2023)
  • Table 88. Italy Insurance Technology, by Type USD Million (2018-2023)
  • Table 89. Italy Insurance Technology, by Services USD Million (2018-2023)
  • Table 90. Italy Insurance Technology, by Platform USD Million (2018-2023)
  • Table 91. Italy Insurance Technology, by End Use USD Million (2018-2023)
  • Table 92. United Kingdom Insurance Technology, by Type USD Million (2018-2023)
  • Table 93. United Kingdom Insurance Technology, by Services USD Million (2018-2023)
  • Table 94. United Kingdom Insurance Technology, by Platform USD Million (2018-2023)
  • Table 95. United Kingdom Insurance Technology, by End Use USD Million (2018-2023)
  • Table 96. Netherlands Insurance Technology, by Type USD Million (2018-2023)
  • Table 97. Netherlands Insurance Technology, by Services USD Million (2018-2023)
  • Table 98. Netherlands Insurance Technology, by Platform USD Million (2018-2023)
  • Table 99. Netherlands Insurance Technology, by End Use USD Million (2018-2023)
  • Table 100. Rest of Europe Insurance Technology, by Type USD Million (2018-2023)
  • Table 101. Rest of Europe Insurance Technology, by Services USD Million (2018-2023)
  • Table 102. Rest of Europe Insurance Technology, by Platform USD Million (2018-2023)
  • Table 103. Rest of Europe Insurance Technology, by End Use USD Million (2018-2023)
  • Table 104. MEA Insurance Technology, by Country USD Million (2018-2023)
  • Table 105. MEA Insurance Technology, by Type USD Million (2018-2023)
  • Table 106. MEA Insurance Technology, by Services USD Million (2018-2023)
  • Table 107. MEA Insurance Technology, by Platform USD Million (2018-2023)
  • Table 108. MEA Insurance Technology, by End Use USD Million (2018-2023)
  • Table 109. Middle East Insurance Technology, by Type USD Million (2018-2023)
  • Table 110. Middle East Insurance Technology, by Services USD Million (2018-2023)
  • Table 111. Middle East Insurance Technology, by Platform USD Million (2018-2023)
  • Table 112. Middle East Insurance Technology, by End Use USD Million (2018-2023)
  • Table 113. Africa Insurance Technology, by Type USD Million (2018-2023)
  • Table 114. Africa Insurance Technology, by Services USD Million (2018-2023)
  • Table 115. Africa Insurance Technology, by Platform USD Million (2018-2023)
  • Table 116. Africa Insurance Technology, by End Use USD Million (2018-2023)
  • Table 117. North America Insurance Technology, by Country USD Million (2018-2023)
  • Table 118. North America Insurance Technology, by Type USD Million (2018-2023)
  • Table 119. North America Insurance Technology, by Services USD Million (2018-2023)
  • Table 120. North America Insurance Technology, by Platform USD Million (2018-2023)
  • Table 121. North America Insurance Technology, by End Use USD Million (2018-2023)
  • Table 122. United States Insurance Technology, by Type USD Million (2018-2023)
  • Table 123. United States Insurance Technology, by Services USD Million (2018-2023)
  • Table 124. United States Insurance Technology, by Platform USD Million (2018-2023)
  • Table 125. United States Insurance Technology, by End Use USD Million (2018-2023)
  • Table 126. Canada Insurance Technology, by Type USD Million (2018-2023)
  • Table 127. Canada Insurance Technology, by Services USD Million (2018-2023)
  • Table 128. Canada Insurance Technology, by Platform USD Million (2018-2023)
  • Table 129. Canada Insurance Technology, by End Use USD Million (2018-2023)
  • Table 130. Mexico Insurance Technology, by Type USD Million (2018-2023)
  • Table 131. Mexico Insurance Technology, by Services USD Million (2018-2023)
  • Table 132. Mexico Insurance Technology, by Platform USD Million (2018-2023)
  • Table 133. Mexico Insurance Technology, by End Use USD Million (2018-2023)
  • Table 134. Insurance Technology: by Type(USD/Units)
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Company Basic Information, Sales Area and Its Competitors
  • Table 139. Company Basic Information, Sales Area and Its Competitors
  • Table 140. Company Basic Information, Sales Area and Its Competitors
  • Table 141. Company Basic Information, Sales Area and Its Competitors
  • Table 142. Company Basic Information, Sales Area and Its Competitors
  • Table 143. Company Basic Information, Sales Area and Its Competitors
  • Table 144. Company Basic Information, Sales Area and Its Competitors
  • Table 145. Insurance Technology: by Type(USD Million)
  • Table 146. Insurance Technology Artificial Intelligence , by Region USD Million (2025-2030)
  • Table 147. Insurance Technology Machine Learning , by Region USD Million (2025-2030)
  • Table 148. Insurance Technology Internet of Things , by Region USD Million (2025-2030)
  • Table 149. Insurance Technology Smart apps , by Region USD Million (2025-2030)
  • Table 150. Insurance Technology Drones , by Region USD Million (2025-2030)
  • Table 151. Insurance Technology Others , by Region USD Million (2025-2030)
  • Table 152. Insurance Technology: by Services(USD Million)
  • Table 153. Insurance Technology Consulting , by Region USD Million (2025-2030)
  • Table 154. Insurance Technology Support and maintenance , by Region USD Million (2025-2030)
  • Table 155. Insurance Technology Managed services , by Region USD Million (2025-2030)
  • Table 156. Insurance Technology: by Platform(USD Million)
  • Table 157. Insurance Technology Full-stack Insurers , by Region USD Million (2025-2030)
  • Table 158. Insurance Technology Agents , by Region USD Million (2025-2030)
  • Table 159. Insurance Technology Brokers , by Region USD Million (2025-2030)
  • Table 160. Insurance Technology: by End Use(USD Million)
  • Table 161. Insurance Technology Automotive , by Region USD Million (2025-2030)
  • Table 162. Insurance Technology BFSI , by Region USD Million (2025-2030)
  • Table 163. Insurance Technology Government , by Region USD Million (2025-2030)
  • Table 164. Insurance Technology Healthcare , by Region USD Million (2025-2030)
  • Table 165. Insurance Technology Manufacturing , by Region USD Million (2025-2030)
  • Table 166. Insurance Technology Retail , by Region USD Million (2025-2030)
  • Table 167. Insurance Technology Transportation , by Region USD Million (2025-2030)
  • Table 168. Insurance Technology Others , by Region USD Million (2025-2030)
  • Table 169. South America Insurance Technology, by Country USD Million (2025-2030)
  • Table 170. South America Insurance Technology, by Type USD Million (2025-2030)
  • Table 171. South America Insurance Technology, by Services USD Million (2025-2030)
  • Table 172. South America Insurance Technology, by Platform USD Million (2025-2030)
  • Table 173. South America Insurance Technology, by End Use USD Million (2025-2030)
  • Table 174. Brazil Insurance Technology, by Type USD Million (2025-2030)
  • Table 175. Brazil Insurance Technology, by Services USD Million (2025-2030)
  • Table 176. Brazil Insurance Technology, by Platform USD Million (2025-2030)
  • Table 177. Brazil Insurance Technology, by End Use USD Million (2025-2030)
  • Table 178. Argentina Insurance Technology, by Type USD Million (2025-2030)
  • Table 179. Argentina Insurance Technology, by Services USD Million (2025-2030)
  • Table 180. Argentina Insurance Technology, by Platform USD Million (2025-2030)
  • Table 181. Argentina Insurance Technology, by End Use USD Million (2025-2030)
  • Table 182. Rest of South America Insurance Technology, by Type USD Million (2025-2030)
  • Table 183. Rest of South America Insurance Technology, by Services USD Million (2025-2030)
  • Table 184. Rest of South America Insurance Technology, by Platform USD Million (2025-2030)
  • Table 185. Rest of South America Insurance Technology, by End Use USD Million (2025-2030)
  • Table 186. Asia Pacific Insurance Technology, by Country USD Million (2025-2030)
  • Table 187. Asia Pacific Insurance Technology, by Type USD Million (2025-2030)
  • Table 188. Asia Pacific Insurance Technology, by Services USD Million (2025-2030)
  • Table 189. Asia Pacific Insurance Technology, by Platform USD Million (2025-2030)
  • Table 190. Asia Pacific Insurance Technology, by End Use USD Million (2025-2030)
  • Table 191. China Insurance Technology, by Type USD Million (2025-2030)
  • Table 192. China Insurance Technology, by Services USD Million (2025-2030)
  • Table 193. China Insurance Technology, by Platform USD Million (2025-2030)
  • Table 194. China Insurance Technology, by End Use USD Million (2025-2030)
  • Table 195. Japan Insurance Technology, by Type USD Million (2025-2030)
  • Table 196. Japan Insurance Technology, by Services USD Million (2025-2030)
  • Table 197. Japan Insurance Technology, by Platform USD Million (2025-2030)
  • Table 198. Japan Insurance Technology, by End Use USD Million (2025-2030)
  • Table 199. India Insurance Technology, by Type USD Million (2025-2030)
  • Table 200. India Insurance Technology, by Services USD Million (2025-2030)
  • Table 201. India Insurance Technology, by Platform USD Million (2025-2030)
  • Table 202. India Insurance Technology, by End Use USD Million (2025-2030)
  • Table 203. South Korea Insurance Technology, by Type USD Million (2025-2030)
  • Table 204. South Korea Insurance Technology, by Services USD Million (2025-2030)
  • Table 205. South Korea Insurance Technology, by Platform USD Million (2025-2030)
  • Table 206. South Korea Insurance Technology, by End Use USD Million (2025-2030)
  • Table 207. Taiwan Insurance Technology, by Type USD Million (2025-2030)
  • Table 208. Taiwan Insurance Technology, by Services USD Million (2025-2030)
  • Table 209. Taiwan Insurance Technology, by Platform USD Million (2025-2030)
  • Table 210. Taiwan Insurance Technology, by End Use USD Million (2025-2030)
  • Table 211. Australia Insurance Technology, by Type USD Million (2025-2030)
  • Table 212. Australia Insurance Technology, by Services USD Million (2025-2030)
  • Table 213. Australia Insurance Technology, by Platform USD Million (2025-2030)
  • Table 214. Australia Insurance Technology, by End Use USD Million (2025-2030)
  • Table 215. Rest of Asia-Pacific Insurance Technology, by Type USD Million (2025-2030)
  • Table 216. Rest of Asia-Pacific Insurance Technology, by Services USD Million (2025-2030)
  • Table 217. Rest of Asia-Pacific Insurance Technology, by Platform USD Million (2025-2030)
  • Table 218. Rest of Asia-Pacific Insurance Technology, by End Use USD Million (2025-2030)
  • Table 219. Europe Insurance Technology, by Country USD Million (2025-2030)
  • Table 220. Europe Insurance Technology, by Type USD Million (2025-2030)
  • Table 221. Europe Insurance Technology, by Services USD Million (2025-2030)
  • Table 222. Europe Insurance Technology, by Platform USD Million (2025-2030)
  • Table 223. Europe Insurance Technology, by End Use USD Million (2025-2030)
  • Table 224. Germany Insurance Technology, by Type USD Million (2025-2030)
  • Table 225. Germany Insurance Technology, by Services USD Million (2025-2030)
  • Table 226. Germany Insurance Technology, by Platform USD Million (2025-2030)
  • Table 227. Germany Insurance Technology, by End Use USD Million (2025-2030)
  • Table 228. France Insurance Technology, by Type USD Million (2025-2030)
  • Table 229. France Insurance Technology, by Services USD Million (2025-2030)
  • Table 230. France Insurance Technology, by Platform USD Million (2025-2030)
  • Table 231. France Insurance Technology, by End Use USD Million (2025-2030)
  • Table 232. Italy Insurance Technology, by Type USD Million (2025-2030)
  • Table 233. Italy Insurance Technology, by Services USD Million (2025-2030)
  • Table 234. Italy Insurance Technology, by Platform USD Million (2025-2030)
  • Table 235. Italy Insurance Technology, by End Use USD Million (2025-2030)
  • Table 236. United Kingdom Insurance Technology, by Type USD Million (2025-2030)
  • Table 237. United Kingdom Insurance Technology, by Services USD Million (2025-2030)
  • Table 238. United Kingdom Insurance Technology, by Platform USD Million (2025-2030)
  • Table 239. United Kingdom Insurance Technology, by End Use USD Million (2025-2030)
  • Table 240. Netherlands Insurance Technology, by Type USD Million (2025-2030)
  • Table 241. Netherlands Insurance Technology, by Services USD Million (2025-2030)
  • Table 242. Netherlands Insurance Technology, by Platform USD Million (2025-2030)
  • Table 243. Netherlands Insurance Technology, by End Use USD Million (2025-2030)
  • Table 244. Rest of Europe Insurance Technology, by Type USD Million (2025-2030)
  • Table 245. Rest of Europe Insurance Technology, by Services USD Million (2025-2030)
  • Table 246. Rest of Europe Insurance Technology, by Platform USD Million (2025-2030)
  • Table 247. Rest of Europe Insurance Technology, by End Use USD Million (2025-2030)
  • Table 248. MEA Insurance Technology, by Country USD Million (2025-2030)
  • Table 249. MEA Insurance Technology, by Type USD Million (2025-2030)
  • Table 250. MEA Insurance Technology, by Services USD Million (2025-2030)
  • Table 251. MEA Insurance Technology, by Platform USD Million (2025-2030)
  • Table 252. MEA Insurance Technology, by End Use USD Million (2025-2030)
  • Table 253. Middle East Insurance Technology, by Type USD Million (2025-2030)
  • Table 254. Middle East Insurance Technology, by Services USD Million (2025-2030)
  • Table 255. Middle East Insurance Technology, by Platform USD Million (2025-2030)
  • Table 256. Middle East Insurance Technology, by End Use USD Million (2025-2030)
  • Table 257. Africa Insurance Technology, by Type USD Million (2025-2030)
  • Table 258. Africa Insurance Technology, by Services USD Million (2025-2030)
  • Table 259. Africa Insurance Technology, by Platform USD Million (2025-2030)
  • Table 260. Africa Insurance Technology, by End Use USD Million (2025-2030)
  • Table 261. North America Insurance Technology, by Country USD Million (2025-2030)
  • Table 262. North America Insurance Technology, by Type USD Million (2025-2030)
  • Table 263. North America Insurance Technology, by Services USD Million (2025-2030)
  • Table 264. North America Insurance Technology, by Platform USD Million (2025-2030)
  • Table 265. North America Insurance Technology, by End Use USD Million (2025-2030)
  • Table 266. United States Insurance Technology, by Type USD Million (2025-2030)
  • Table 267. United States Insurance Technology, by Services USD Million (2025-2030)
  • Table 268. United States Insurance Technology, by Platform USD Million (2025-2030)
  • Table 269. United States Insurance Technology, by End Use USD Million (2025-2030)
  • Table 270. Canada Insurance Technology, by Type USD Million (2025-2030)
  • Table 271. Canada Insurance Technology, by Services USD Million (2025-2030)
  • Table 272. Canada Insurance Technology, by Platform USD Million (2025-2030)
  • Table 273. Canada Insurance Technology, by End Use USD Million (2025-2030)
  • Table 274. Mexico Insurance Technology, by Type USD Million (2025-2030)
  • Table 275. Mexico Insurance Technology, by Services USD Million (2025-2030)
  • Table 276. Mexico Insurance Technology, by Platform USD Million (2025-2030)
  • Table 277. Mexico Insurance Technology, by End Use USD Million (2025-2030)
  • Table 278. Insurance Technology: by Type(USD/Units)
  • Table 279. Research Programs/Design for This Report
  • Table 280. Key Data Information from Secondary Sources
  • Table 281. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Insurance Technology: by Type USD Million (2018-2023)
  • Figure 5. Global Insurance Technology: by Services USD Million (2018-2023)
  • Figure 6. Global Insurance Technology: by Platform USD Million (2018-2023)
  • Figure 7. Global Insurance Technology: by End Use USD Million (2018-2023)
  • Figure 8. South America Insurance Technology Share (%), by Country
  • Figure 9. Asia Pacific Insurance Technology Share (%), by Country
  • Figure 10. Europe Insurance Technology Share (%), by Country
  • Figure 11. MEA Insurance Technology Share (%), by Country
  • Figure 12. North America Insurance Technology Share (%), by Country
  • Figure 13. Global Insurance Technology: by Type USD/Units (2018-2023)
  • Figure 14. Global Insurance Technology share by Players 2023 (%)
  • Figure 15. Global Insurance Technology share by Players (Top 3) 2023(%)
  • Figure 16. Global Insurance Technology share by Players (Top 5) 2023(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Damco Group (United States) Revenue, Net Income and Gross profit
  • Figure 19. Damco Group (United States) Revenue: by Geography 2023
  • Figure 20. DXC Technology Company (United States) Revenue, Net Income and Gross profit
  • Figure 21. DXC Technology Company (United States) Revenue: by Geography 2023
  • Figure 22. Majesco (United States) Revenue, Net Income and Gross profit
  • Figure 23. Majesco (United States) Revenue: by Geography 2023
  • Figure 24. Oscar Insurance (United States) Revenue, Net Income and Gross profit
  • Figure 25. Oscar Insurance (United States) Revenue: by Geography 2023
  • Figure 26. Quantemplate (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 27. Quantemplate (United Kingdom) Revenue: by Geography 2023
  • Figure 28. Shift Technology (United States) Revenue, Net Income and Gross profit
  • Figure 29. Shift Technology (United States) Revenue: by Geography 2023
  • Figure 30. Trōv, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 31. Trōv, Inc. (United States) Revenue: by Geography 2023
  • Figure 32. Wipro Limited (India) Revenue, Net Income and Gross profit
  • Figure 33. Wipro Limited (India) Revenue: by Geography 2023
  • Figure 34. Zhongan Insurance (China) Revenue, Net Income and Gross profit
  • Figure 35. Zhongan Insurance (China) Revenue: by Geography 2023
  • Figure 36. Banc Insurance Agency, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 37. Banc Insurance Agency, Inc. (United States) Revenue: by Geography 2023
  • Figure 38. Global Insurance Technology: by Type USD Million (2025-2030)
  • Figure 39. Global Insurance Technology: by Services USD Million (2025-2030)
  • Figure 40. Global Insurance Technology: by Platform USD Million (2025-2030)
  • Figure 41. Global Insurance Technology: by End Use USD Million (2025-2030)
  • Figure 42. South America Insurance Technology Share (%), by Country
  • Figure 43. Asia Pacific Insurance Technology Share (%), by Country
  • Figure 44. Europe Insurance Technology Share (%), by Country
  • Figure 45. MEA Insurance Technology Share (%), by Country
  • Figure 46. North America Insurance Technology Share (%), by Country
  • Figure 47. Global Insurance Technology: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Damco Group (United States)
  • DXC Technology Company (United States)
  • Majesco (United States)
  • Oscar Insurance (United States)
  • Quantemplate (United Kingdom)
  • Shift Technology (United States)
  • Trōv, Inc. (United States)
  • Wipro Limited (India)
  • Zhongan Insurance (China)
  • Banc Insurance Agency, Inc. (United States)
Additional players considered in the study are as follows:
Clover Health (United States) , Earnix Ltd. (United Kingdom)
Select User Access Type

Key Highlights of Report


May 2024 200 Pages 76 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

Request Sample Pages

Budget constraints? Get in touch with us for special pricing


Check Discount Now
Global Insurance Technology research Quantitative research analysis
Global Insurance Technology research Qualitative Industry Analysis
DOWNLOAD SAMPLE PDF

Talk to Our Experts

Want to Customize Study?


"We employ Market statistics, Industry benchmarking, Patent analysis, and Technological Insights to derive requirements and provide customize scope of work."

Make an Enquiry Now

Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Insurance Technology Market are by type [Artificial Intelligence, Machine Learning, Internet of Things, Smart apps, Drones and Others], by end use application [].
The Insurance Technology Market is gaining popularity and expected to see strong valuation by 2030.
  • Increasing Complexity of Data and Process in Insurance Industry
  • Increasing Need for Quick Customer Service

Know More About Global Insurance Technology research Report?

Have a Query? Click Here

Other Related Reports

Internet Service Comprehensive Study by Type (Professional Services, Managed Services), Application (Government Use, Private Use, Business Use), Deployment Mode (Cloud-based, On-premises), Internet (...
$ 3450
Cloud Robotics Comprehensive Study by Application (Industrial Robots, Consumer Robots, Military Robots, Commercial Robots), Service Model (Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (P...
$ 3750
Mobile Marketing Software Comprehensive Study by Application (Channel Attribution, Contextual Targeting, Coupons, Email Marketing, Engagement Monitoring, Location-Based Marketing, Push Notifications,...
$ 3750
Log Management Comprehensive Study by Deployment Mode (Cloud, On-Premises), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Industry Vertical (IT and ITES, BFSI, Education,...
$ 3650
3D Imaging Comprehensive Study by Types (3D Structured Light, 3D laser imaging, CT imaging, 3D x-ray imaging), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Deploy...
$ 3750
Mobile Data Protection Comprehensive Study by Application (Healthcare, BFSI, Travel and Transport, Communication and Technology, Aerospace and Defense, Others), Deployment (Cloud, On-Premise), Opera...
$ 3650