Global Accidental Death and Dismemberment Insurance Market Overview:
Accidental Death and Dismemberment Insurance pays beneficiaries a set amount of money if death or dismemberment is the direct result of an accident. It is a limited form of insurance that covers only accidents. Still, there are coverage limits that make accidental death and dismemberment insurance far less useful. An accidental death policy or rider is a similar policy. Rising awareness about the benefits of insurance is propelling the growth of accidental death and dismemberment insurance market in the forecast period. Some of the players profiled in the study are AXA (France), Allianz (Germany), Assicurazioni Generali S.p.A. (Italy), MetLife, Inc. (United States), Gerber Life Insurance Company (United States), Sumitomo Life Insurance Company (Japan), American International Group, Inc. (United States), Aegon N.V. (Netherlands), The Dai-ichi Life Insurance Company (Japan) and Aviva plc (United Kingdom).
On the basis of geography, the market of Accidental Death and Dismemberment Insurance 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). If we see Market by End User, the sub-segment i.e. Individuals will boost the Accidental Death and Dismemberment Insurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increases in the number of work-related deaths
- Raising Awareness about the Benefits of Accidental Death and Dismemberment Insurance Policies
Influencing Trend
- Increasing Purchasing Group Plans From Various Industry
Restraints
- Stringent Government Norms
Opportunities
- Addition of more Benefits
On Aug 23, 2019 Allianz to acquire automobile and other Property-Casualty operations from SulAmérica and become one of the top 3 insurers in Property-Casualty insurance in Brazil.
Target Audience:
Accidental Death and Dismemberment Insurance Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
Major Objectives Focused through this Study
To define, describe, and forecast the Global Accidental Death and Dismemberment Insurance market on the basis of product [Personal Injury Claims, Road Traffic Accidents, Work Accidents and Other] , application [Personal and Enterprise], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Accidental Death and Dismemberment Insurance market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Accidental Death and Dismemberment Insurance industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Munich Re Group (Germany), Zurich Insurance Group Ltd (Switzerland), Nippon Life Insurance Company (Japan), China Life Insurance (China) and PingAn ( China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Accidental Death and Dismemberment Insurance market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.