2018-2023 Global Insurance Technology Market Report (Status and Outlook)

September 2018 | 154 pages | ID: 28788ADDD9DEN
LP Information

Abstracts

The report requires updating with new data and is sent in 48 hours after order is placed.

In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Insurance Technology market for 2018-2023.

Eighty-two percent of insurance executives agree their organizations must innovate at an increasingly rapid pace just to maintain a competitive edge. Leading insurers are embracing emerging technologies such as blockchain, virtual reality, and intelligent automation, weaving themselves seamlessly into the fabric of people's everyday lives. Carriers are also broadening their ecosystems, partnering with customers, employees, startups, and even governments to help society harness the power of these technologies while mitigating their risks, empowering their own growth in the process.
Artificial intelligence (AI) is becoming more autonomous and sophisticated, evolving from robotic process automation in the back-office to AI serving customers on the front-line. Four out of five insurance executives believe within the next two years, AI will work next to humans in their organizations, as a co-worker, collaborator and trusted advisor.
To build trust with customers and employees, and reap the benefits of supercharged efficiency, insurers must acknowledge the impact AI has on people’s lives. They must “raise” their AIs to act as responsible, productive members of society. Smart sensors and other Internet of Things devices could generate more than 500 zettabytes of data by 2020. Today’s enterprise infrastructures and the cloud alone cannot support this volume efficiently. The Internet of Thinking will extend data processing beyond the cloud, toward the edge of networks via special-purpose, customizable hardware.

Over the next five years, LPI(LP Information) projects that Insurance Technology will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Insurance Technology market by product type, application, key companies and key regions.

To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:

• Cloud Computing
• Big data and Analytics
• Mobility
• Block Chain
• Artificial Intelligence
• IoT

Segmentation by application:

• Commercial P&C insurance
• Personal P&C insurance
• Health and medical insurance
• Life and accident insurance
• Insurance administration and risk consulting
• Annuities

We can also provide the customized separate regional or country-level reports, for the following regions:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:

• Accenture
• Agile Financial Technologies
• E&Y
• HP
• IBM
• Mphasis
• Oracle
• Steria
• 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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

• To study and analyze the global Insurance Technology market size by key regions/countries, product type and application.
• To understand the structure of Insurance Technology market by identifying its various subsegments.
• Focuses on the key global Insurance Technology players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Insurance Technology with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Insurance Technology submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Insurance Technology Market Size 2018-2023
  2.1.2 Insurance Technology Market Size CAGR by Region
2.2 Insurance Technology Segment by Type
  2.2.1 Cloud Computing
  2.2.2 Big data and Analytics
  2.2.3 Social Media
  2.2.4 Mobility
  2.2.5 Block Chain
  2.2.6 Artificial Intelligence
  2.2.7 IoT
2.3 Insurance Technology Market Size by Type
  2.3.1 Global Insurance Technology Market Size Market Share by Type (2018-2023)
  2.3.2 Global Insurance Technology Market Size Growth Rate by Type (2018-2023)
2.4 Insurance Technology Segment by Application
  2.4.1 Commercial P&C insurance
  2.4.2 Personal P&C insurance
  2.4.3 Health and medical insurance
  2.4.4 Life and accident insurance
  2.4.5 Insurance administration and risk consulting
  2.4.6 Annuities
2.5 Insurance Technology Market Size by Application
  2.5.1 Global Insurance Technology Market Size Market Share by Application (2018-2023)
  2.5.2 Global Insurance Technology Market Size Growth Rate by Application (2018-2023)

3 INSURANCE TECHNOLOGY KEY PLAYERS

3.1 Date of Key Players Enter into Insurance Technology
3.2 Key Players Insurance Technology Product Offered
3.3 Key Players Insurance Technology Funding/Investment Analysis
3.4 Funding/Investment
  3.4.1 Funding/Investment by Regions
  3.4.2 Funding/Investment by End Industry
3.5 Key Players Insurance Technology Valuation & Market Capitalization
3.6 Key Players Mergers & Acquisitions, Expansion Plans
3.7 Market Ranking
3.8 New Product/Technology Launches
3.9 Partnerships, Agreements, and Collaborations
3.10 Mergers and Acquisitions

4 INSURANCE TECHNOLOGY BY REGIONS

4.1 Insurance Technology Market Size by Regions
4.2 Americas Insurance Technology Market Size Growth
4.3 APAC Insurance Technology Market Size Growth
4.4 Europe Insurance Technology Market Size Growth

5 AMERICAS

5.1 Americas Insurance Technology Market Size by Countries
5.2 Americas Insurance Technology Market Size by Type
5.3 Americas Insurance Technology Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Insurance Technology Market Size by Countries
6.2 APAC Insurance Technology Market Size by Type
6.3 APAC Insurance Technology Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 EUROPE

7.1 Europe Insurance Technology by Countries
7.2 Europe Insurance Technology Market Size by Type
7.3 Europe Insurance Technology Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Key Economic Indicators of Few Europe Countries

8 MARKET DRIVERS, CHALLENGES AND TRENDS

8.1 Market Drivers and Impact
  8.1.1 Growing Demand from Key Regions
  8.1.2 Growing Demand from Key Applications and Potential Industries
8.2 Market Challenges and Impact
8.3 Market Trends
8.4 Market Ecosystem and Roles

9 KEY INVESTORS IN INSURANCE TECHNOLOGY

9.1 Company A
  9.1.1 Company A Company Details
  9.1.2 Company Description
  9.1.3 Companies Invested by Company A
  9.1.4 Company A Key Development and Market Layout
9.2 Company B
  9.2.1 Company B Company Details
  9.2.2 Company Description
  9.2.3 Companies Invested by Company B
  9.2.4 Company B Key Development and Market Layout
9.3 Company C
  9.3.1 Company C Company Details
  9.3.2 Company Description
  9.3.3 Companies Invested by Company C
  9.3.4 Company C Key Development and Market Layout
9.4 Company D
  9.4.1 Company D Company Details
  9.4.2 Company Description
  9.4.3 Companies Invested by Company D
  9.4.4 Company D Key Development and Market Layout

…

10 KEY PLAYERS ANALYSIS

10.1 Accenture
  10.1.1 Company Details
  10.1.2 Insurance Technology Product Offered
  10.1.3 Accenture Insurance Technology Market Size
  10.1.4 Main Business Overview
  10.1.5 Accenture News
10.2 Agile Financial Technologies
  10.2.1 Company Details
  10.2.2 Insurance Technology Product Offered
  10.2.3 Agile Financial Technologies Insurance Technology Market Size
  10.2.4 Main Business Overview
  10.2.5 Agile Financial Technologies News
10.3 E&Y
  10.3.1 Company Details
  10.3.2 Insurance Technology Product Offered
  10.3.3 E&Y Insurance Technology Market Size
  10.3.4 Main Business Overview
  10.3.5 E&Y News
10.4 HP
  10.4.1 Company Details
  10.4.2 Insurance Technology Product Offered
  10.4.3 HP Insurance Technology Market Size
  10.4.4 Main Business Overview
  10.4.5 HP News
10.5 IBM
  10.5.1 Company Details
  10.5.2 Insurance Technology Product Offered
  10.5.3 IBM Insurance Technology Market Size
  10.5.4 Main Business Overview
  10.5.5 IBM News
10.6 Mphasis
  10.6.1 Company Details
  10.6.2 Insurance Technology Product Offered
  10.6.3 Mphasis Insurance Technology Market Size
  10.6.4 Main Business Overview
  10.6.5 Mphasis News
10.7 Oracle
  10.7.1 Company Details
  10.7.2 Insurance Technology Product Offered
  10.7.3 Oracle Insurance Technology Market Size
  10.7.4 Main Business Overview
  10.7.5 Oracle News
10.8 Steria
  10.8.1 Company Details
  10.8.2 Insurance Technology Product Offered
  10.8.3 Steria Insurance Technology Market Size
  10.8.4 Main Business Overview
  10.8.5 Steria News
10.9 Amazon Web Service
  10.9.1 Company Details
  10.9.2 Insurance Technology Product Offered
  10.9.3 Amazon Web Service Insurance Technology Market Size
  10.9.4 Main Business Overview
  10.9.5 Amazon Web Service News
10.10 BSB
  10.10.1 Company Details
  10.10.2 Insurance Technology Product Offered
  10.10.3 BSB Insurance Technology Market Size
  10.10.4 Main Business Overview
  10.10.5 BSB News
10.11 Capgemini
10.12 Cognizant Technology Solutions
10.13 CSC
10.14 FICO
10.15 Genpact
10.16 Google
10.17 Informatica
10.18 Netapp
10.19 Polaris
10.20 Rackspace Hosting
10.21 Salesforce
10.22 SAP
10.23 Symantec
10.24 TCS
10.25 T-Systems
10.26 Verizon Communications
10.27 VMware
10.28 Wipro

11 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES AND FIGURES

Figure Picture of Insurance Technology
Figure Insurance Technology Report Years Considered
Figure Market Research Methodology
Figure Global Insurance Technology Market Size Growth Rate 2018-2023 ($ Millions)
Table Insurance Technology Market Size CAGR by Region 2018-2023 ($ Millions)
Table Major Players of Cloud Computing
Table Major Players of Big data and Analytics
Table Major Players of Social Media
Table Major Players of Mobility
Table Major Players of Block Chain
Table Major Players of Artificial Intelligence
Table Major Players of IoT
Table Global Market Size by Type (2018-2023) ($ Millions)
Table Global Insurance Technology Market Size Market Share by Type (2018-2023)
Figure Global Insurance Technology Market Size Market Share by Type (2018-2023)
Figure Global Cloud Computing Market Size Growth Rate
Figure Global Big data and Analytics Market Size Growth Rate
Figure Global Social Media Market Size Growth Rate
Figure Global Mobility Market Size Growth Rate
Figure Global Block Chain Market Size Growth Rate
Figure Global Artificial Intelligence Market Size Growth Rate
Figure Global IoT Market Size Growth Rate
Figure Insurance Technology Consumed in Commercial P&C insurance
Figure Global Insurance Technology Market: Commercial P&C insurance (2018-2023) ($ Millions)
Figure Global Commercial P&C insurance YoY Growth ($ Millions)
Figure Insurance Technology Consumed in Personal P&C insurance
Figure Global Insurance Technology Market: Personal P&C insurance (2018-2023) ($ Millions)
Figure Global Personal P&C insurance YoY Growth ($ Millions)
Figure Insurance Technology Consumed in Health and medical insurance
Figure Global Insurance Technology Market: Health and medical insurance (2018-2023) ($ Millions)
Figure Global Health and medical insurance YoY Growth ($ Millions)
Figure Insurance Technology Consumed in Life and accident insurance
Figure Global Insurance Technology Market: Life and accident insurance (2018-2023) ($ Millions)
Figure Global Life and accident insurance YoY Growth ($ Millions)
Figure Insurance Technology Consumed in Insurance administration and risk consulting
Figure Global Insurance Technology Market: Insurance administration and risk consulting (2018-2023) ($ Millions)
Figure Global Insurance administration and risk consulting YoY Growth ($ Millions)
Table Global Insurance Technology Market Size by Application (2018-2023) ($ Millions)
Table Global Insurance Technology Market Size Market Share by Application (2018-2023)
Figure Global Insurance Technology Market Size Market Share by Application (2018-2023)
Figure Global Insurance Technology Market Size in Commercial P&C insurance Growth Rate
Figure Global Insurance Technology Market Size in Personal P&C insurance Growth Rate
Figure Global Insurance Technology Market Size in Health and medical insurance Growth Rate
Figure Global Insurance Technology Market Size in Life and accident insurance Growth Rate
Figure Global Insurance Technology Market Size in Insurance administration and risk consulting Growth Rate
Figure Global Insurance Technology Market Size in Annuities Growth Rate
Table Date of Global Key Players Enter into Insurance Technology Market
Table Global Key Players Insurance Technology Product Offered
Table Key Players Insurance Technology Funding/Investment ($ Millions)
Figure Funding/Investment
Table Funding/Investment by Regions
Table Funding/Investment by End Industry
Table Key Players Insurance Technology Valuation & Market Capitalization ($ Millions)
Table Key Players Mergers & Acquisitions, Expansion Plans
Table Global Insurance Technology Market Size by Regions 2018-2023 ($ Millions)
Table Global Insurance Technology Market Size Market Share by Regions 2018-2023
Figure Global Insurance Technology Market Size Market Share by Regions 2018-2023
Figure Americas Insurance Technology Market Size 2018-2023 ($ Millions)
Figure APAC Insurance Technology Market Size 2018-2023 ($ Millions)
Figure Europe Insurance Technology Market Size 2018-2023 ($ Millions)
Table Americas Insurance Technology Market Size by Countries (2018-2023) ($ Millions)
Table Americas Insurance Technology Market Size Market Share by Countries (2018-2023)
Figure Americas Insurance Technology Market Size Market Share by Countries in 2018
Table Americas Insurance Technology Market Size by Type (2018-2023) ($ Millions)
Table Americas Insurance Technology Market Size Market Share by Type (2018-2023)
Figure Americas Insurance Technology Market Size Market Share by Type in 2018
Table Americas Insurance Technology Market Size by Application (2018-2023) ($ Millions)
Table Americas Insurance Technology Market Size Market Share by Application (2018-2023)
Figure Americas Insurance Technology Market Size Market Share by Application in 2018
Figure United States Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Canada Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Mexico Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Table APAC Insurance Technology Market Size by Countries (2018-2023) ($ Millions)
Table APAC Insurance Technology Market Size Market Share by Countries (2018-2023)
Figure APAC Insurance Technology Market Size Market Share by Countries in 2018
Table APAC Insurance Technology Market Size by Type (2018-2023) ($ Millions)
Table APAC Insurance Technology Market Size Market Share by Type (2018-2023)
Figure APAC Insurance Technology Market Size Market Share by Type in 2018
Table APAC Insurance Technology Market Size by Application (2018-2023) ($ Millions)
Table APAC Insurance Technology Market Size Market Share by Application (2018-2023)
Figure APAC Insurance Technology Market Size Market Share by Application in 2018
Figure China Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Japan Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Korea Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Southeast Asia Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure India Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Australia Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Table Europe Insurance Technology Market Size by Countries (2018-2023) ($ Millions)
Table Europe Insurance Technology Market Size Market Share by Countries (2018-2023)
Figure Europe Insurance Technology Market Size Market Share by Countries in 2018
Table Europe Insurance Technology Market Size by Type (2018-2023) ($ Millions)
Table Europe Insurance Technology Market Size Market Share by Type (2018-2023)
Figure Europe Insurance Technology Market Size Market Share by Type in 2018
Table Europe Insurance Technology Market Size by Application (2018-2023) ($ Millions)
Table Europe Insurance Technology Market Size Market Share by Application (2018-2023)
Figure Europe Insurance Technology Market Size Market Share by Application in 2018
Figure Germany Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure France Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure UK Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Italy Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Figure Russia Insurance Technology Market Size Growth 2018-2023 ($ Millions)
Table Company A Company Details
Table Companies Invested by Company A
Table Company A Key Development and Market Layout
Table Company B Company Details
Table Companies Invested by Company B
Table Company B Key Development and Market Layout
Table Company C Company Details
Table Companies Invested by Company C
Table Company C Key Development and Market Layout
Table Company C Company Details
Table Companies Invested by Company C
Table Company C Key Development and Market Layout
Table Accenture Basic Information, Head Office, Major Market Areas and Its Competitors
Table Accenture Insurance Technology Market Size
Table Agile Financial Technologies Basic Information, Head Office, Major Market Areas and Its Competitors
Table Agile Financial Technologies Insurance Technology Market Size
Table E&Y Basic Information, Head Office, Major Market Areas and Its Competitors
Table E&Y Insurance Technology Market Size
Table HP Basic Information, Head Office, Major Market Areas and Its Competitors
Table HP Insurance Technology Market Size
Table IBM Basic Information, Head Office, Major Market Areas and Its Competitors
Table IBM Insurance Technology Market Size
Table Mphasis Basic Information, Head Office, Major Market Areas and Its Competitors
Table Mphasis Insurance Technology Market Size
Table Oracle Basic Information, Head Office, Major Market Areas and Its Competitors
Table Oracle Insurance Technology Market Size
Table Steria Basic Information, Head Office, Major Market Areas and Its Competitors
Table Steria Insurance Technology Market Size
Table Amazon Web Service Basic Information, Head Office, Major Market Areas and Its Competitors
Table Amazon Web Service Insurance Technology Market Size
Table BSB Basic Information, Head Office, Major Market Areas and Its Competitors
Table BSB Insurance Technology Market Size
Table Capgemini Basic Information, Head Office, Major Market Areas and Its Competitors
Table Cognizant Technology Solutions Basic Information, Head Office, Major Market Areas and Its Competitors
Table CSC Basic Information, Head Office, Major Market Areas and Its Competitors
Table FICO Basic Information, Head Office, Major Market Areas and Its Competitors
Table Genpact Basic Information, Head Office, Major Market Areas and Its Competitors
Table Google Basic Information, Head Office, Major Market Areas and Its Competitors
Table Informatica Basic Information, Head Office, Major Market Areas and Its Competitors
Table Netapp Basic Information, Head Office, Major Market Areas and Its Competitors
Table Polaris Basic Information, Head Office, Major Market Areas and Its Competitors
Table Rackspace Hosting Basic Information, Head Office, Major Market Areas and Its Competitors
Table Salesforce Basic Information, Head Office, Major Market Areas and Its Competitors
Table SAP Basic Information, Head Office, Major Market Areas and Its Competitors
Table Symantec Basic Information, Head Office, Major Market Areas and Its Competitors
Table TCS Basic Information, Head Office, Major Market Areas and Its Competitors
Table T-Systems Basic Information, Head Office, Major Market Areas and Its Competitors
Table Verizon Communications Basic Information, Head Office, Major Market Areas and Its Competitors
Table VMware Basic Information, Head Office, Major Market Areas and Its Competitors
Table Wipro Basic Information, Head Office, Major Market Areas and Its Competitors