[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Website Insurance Market Size study & Forecast, by Component (Tools and Services), By Deployment (On-Premises and Cloud), By Type (Property & Casualty Insurance, Professional Liability Insurance, Workers Compensation Insurance, Product Liability Insurance, Vehicle Insurance and Others) By End-User (Insurance Companies, Third Party Administrators & Brokers, and Aggregators) and Regional Analysis, 2022-2029

October 2022 | 200 pages | ID: GFCE4E85D260EN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Website Insurance Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Website Insurance refers to software-based platforms that facilitate businesses (Insurance providers) to monitor, create, manage, and control their digital insurance offerings. These platforms are helpful for customers in accessing different insurance products of an insurance provider. The increasing penetration of insurance worldwide and growing adoption of customized insurance distribution platforms as well as strategic initiatives from leading market players are key factors accelerating the market growth.

According to Statista – in 2021, the global insurance market was estimated at USD 5500 billion, and the market is projected to grow to USD 6400 billion by 2025. Moreover, as per the India Brand Equity Forum (IBEF) - life insurance industry is estimated to increase at a CAGR of 5.3% between 2019 and 2023. In addition, Premiums from India’s life insurance industry are expected to reach USD 317.98 billion by FY 2031. Also, growing digitization in the BFSI sector worldwide and increasing penetration of smartphones in emerging economies would create lucrative growth prospects for the market over the forecast period. However, the high cost associated with website insurance software impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Website Insurance Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to high penetration of insurance as well as presence of leading software vendors in the region. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising penetration of digital insurance providers as well as increasing penetration of leading market players in the region.

Major market players included in this report are:
Accenture
Oracle
Tata Consultancy Services (TCS) Ltd
Prima Solutions
Cognizant
Mindtree Ltd
Inzura Limited
Majesco
Microsoft Corporation
Vertafore Inc.

Recent Developments in the Market:
In November 2021, Willis Towers Watson and software provider CodeEast entered in a partnership to develop digital transformation solutions for insurance companies as well as Managing General Agents. This partnership would enable both the players to expand their market presence in the USA, UK and Ireland region.


In April 2022, ICICI Direct partnered with digital B2B platform for insurance services Cover Stack. Coverstack is a digital platform for buying and servicing insurance. With this partnership customers of ICICI Direct would be able to search, customize, compare, and buy the different insurance plans for Health and Motor insurance as per their requirements. This partnership would enable Coverstack to enhance its market presence.


Global Website Insurance Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Component, Deployment, Type, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component
Tools
Services
By Deployment
On-Premises
Cloud
By Type
Property & Casuality Insurance
Professional Liability Insurance
Workers Compensation Insurance
Product Liability Insurance
Vehicle Insurance
Others
By End-User
Insurance Companies
Third Party Administrators & Brokers
Aggregators
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Website Insurance Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Website Insurance Market, by Component, 2019-2029 (USD Billion)
  1.2.3. Website Insurance Market, by Deployment, 2019-2029 (USD Billion)
  1.2.4. Website Insurance Market, by Type, 2019-2029 (USD Billion)
  1.2.5. Website Insurance Market, by End-User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL WEBSITE INSURANCE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL WEBSITE INSURANCE MARKET DYNAMICS

3.1. Website Insurance Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing penetration of insurance worldwide
    3.1.1.2. Growing adoption of customized insurance distribution platforms
    3.1.1.3. Strategic initiatives from leading market players
  3.1.2. Market Challenges
    3.1.2.1. High deployment cost associated with insurance software
  3.1.3. Market Opportunities
    3.1.3.1. Growing digitization in BFSI sector worldwide
    3.1.3.2. Increasing penetration of smartphones in emerging economies

CHAPTER 4. GLOBAL WEBSITE INSURANCE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL WEBSITE INSURANCE MARKET, BY COMPONENT

6.1. Market Snapshot
6.2. Global Website Insurance Market by Component, Performance - Potential Analysis
6.3. Global Website Insurance Market Estimates & Forecasts by Component, 2019-2029 (USD Billion)
6.4. Website Insurance Market, Sub Segment Analysis
  6.4.1. Tools
  6.4.2. Services

CHAPTER 7. GLOBAL WEBSITE INSURANCE MARKET, BY DEPLOYMENT

7.1. Market Snapshot
7.2. Global Website Insurance Market by Deployment, Performance - Potential Analysis
7.3. Global Website Insurance Market Estimates & Forecasts by Deployment, 2019-2029 (USD Billion)
7.4. Website Insurance Market, Sub Segment Analysis
  7.4.1. On-premises
  7.4.2. Cloud

CHAPTER 8. GLOBAL WEBSITE INSURANCE MARKET, BY TYPE

8.1. Market Snapshot
8.2. Global Website Insurance Market by Type, Performance - Potential Analysis
8.3. Global Website Insurance Market Estimates & Forecasts by Type, 2019-2029 (USD Billion)
8.4. Website Insurance Market, Sub Segment Analysis
  8.4.1. Property & Casualty Insurance
  8.4.2. Professional Liability Insurance
  8.4.3. Workers Compensation Insurance
  8.4.4. Product Liability Insurance
  8.4.5. Vehicle Insurance
  8.4.6. Others

CHAPTER 9. GLOBAL WEBSITE INSURANCE MARKET, BY END-USER

9.1. Market Snapshot
9.2. Global Website Insurance Market by End User, Performance - Potential Analysis
9.3. Global Website Insurance Market Estimates & Forecasts by End-User, 2019-2029 (USD Billion)
9.4. Website Insurance Market, Sub Segment Analysis
  9.4.1. Insurance Companies
  9.4.2. Third Party Administrators and Brokers
  9.4.3. Aggregators

CHAPTER 10. GLOBAL WEBSITE INSURANCE MARKET, REGIONAL ANALYSIS

10.1. Website Insurance Market, Regional Market Snapshot
10.2. North America Website Insurance Market
  10.2.1. U.S. Website Insurance Market
    10.2.1.1. Component breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Deployment breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Type breakdown estimates & forecasts, 2019-2029
    10.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Website Insurance Market
10.3. Europe Website Insurance Market Snapshot
  10.3.1. U.K. Website Insurance Market
  10.3.2. Germany Website Insurance Market
  10.3.3. France Website Insurance Market
  10.3.4. Spain Website Insurance Market
  10.3.5. Italy Website Insurance Market
  10.3.6. Rest of Europe Website Insurance Market
10.4. Asia-Pacific Website Insurance Market Snapshot
  10.4.1. China Website Insurance Market
  10.4.2. India Website Insurance Market
  10.4.3. Japan Website Insurance Market
  10.4.4. Australia Website Insurance Market
  10.4.5. South Korea Website Insurance Market
  10.4.6. Rest of Asia Pacific Website Insurance Market
10.5. Latin America Website Insurance Market Snapshot
  10.5.1. Brazil Website Insurance Market
  10.5.2. Mexico Website Insurance Market
10.6. Rest of The World Website Insurance Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Accenture
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Oracle
  11.2.3. Tata Consultancy Services (TCS) Ltd
  11.2.4. Prima Solutions
  11.2.5. Cognizant
  11.2.6. Mindtree Ltd
  11.2.7. Inzura Limited
  11.2.8. Majesco
  11.2.9. Microsoft Corporation
  11.2.10. Vertafore Inc.

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Website Insurance Market, report scope
TABLE 2. Global Website Insurance Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Website Insurance Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Website Insurance Market estimates & forecasts by Deployment 2019-2029 (USD Billion)
TABLE 5. Global Website Insurance Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 6. Global Website Insurance Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 7. Global Website Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Website Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Website Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Website Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Website Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Website Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Website Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Website Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Website Insurance Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Website Insurance Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Website Insurance Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Website Insurance Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Website Insurance Market
TABLE 72. List of primary sources, used in the study of global Website Insurance Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Website Insurance Market, research methodology
FIG 2. Global Website Insurance Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Website Insurance Market, key trends 2021
FIG 5. Global Website Insurance Market, growth prospects 2022-2029
FIG 6. Global Website Insurance Market, porters 5 force model
FIG 7. Global Website Insurance Market, pest analysis
FIG 8. Global Website Insurance Market, value chain analysis
FIG 9. Global Website Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Website Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Website Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Website Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Website Insurance Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Website Insurance Market, regional snapshot 2019 & 2029
FIG 15. North America Website Insurance Market 2019 & 2029 (USD Billion)
FIG 16. Europe Website Insurance Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Website Insurance Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Website Insurance Market 2019 & 2029 (USD Billion)
FIG 19. Global Website Insurance Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications