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 middleincome 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. The insurance companies are designing new products to meet the changing customers’ needs, thereby establishing greater levels of transparency. Therefore, with the help of insurtech platforms, there can be proper management of data and risk, which would help in improving the underwriting accuracy and loss prediction.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Countries covered

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Overview of insurtech

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Geographical segmentation

Geographical segmentation

EMEA

Americas

APAC

PART 07: Market drivers

Growth of Internet-based business ecosystem

Rationalization of transaction process

Increased need for customer satisfaction

PART 08: Impact of drivers

PART 09: Market challenges

Increasing fraudulent claims

High cost of investment

Global regulatory uncertainty

PART 10: Impact of drivers and challenges

PART 11: Market trends

Incorporating big data analytics

Innovations in insurance technology

Tapping potential of social media channels for better

market penetration and collaboration medium

PART 12: Vendor landscape

Competitive landscape

Other prominent vendors

PART 13: Key vendor profile

Friendsurance

Guevara

Oscars

Zhong An

PART 14: Appendix

List of abbreviations

PART 15: Explore Technavio