A variety of products that provide coverage for the property are collectively referred to as property insurance, which provides either property protection coverage or liability coverage for property owners. In addition, property insurance industry offers financial compensation to the owner or renter of a building and its contents in the case of damage or theft, in …
Tag Archives: Insurance
Aircraft Insurance Market: Facts and Resources to Grow Business, Industry Utilization Techniques Forecast 2023–2032
Aircraft insurance refers to indemnification of a client against losses arising from the result of damages, maintenance, or use of aircraft, and hangars at the airport. In addition, it provides coverages for damage to aircraft, property damage, and personal injury. Aircraft insurance is also known as aviation insurance. This insurance typically covers repair or replacement of damaged parts of accidental aircraft.
IoT Insurance Market 📊 to Hit $304.31 Bn, Globally, by 2027 at 57.1% CAGR 📈
Rise in adoption of IoT in developed and developing economies and increase in demand for cloud platform drive the growth of the global IoT insurance market. Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global IoT insurance industry was estimated at $8.63 billion in 2019, and is expected to hit $304.31 billion by 2027, registering a CAGR …
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EV Insurance Market Size, Share, Analysis, Prominent Players, and Forecast 2031
EV Insurance Market by Coverage (First Party Liability Coverage, Third Party Liability Coverage, Others), by Distribution Channel (Insurance Companies, Banks, Insurance Agents/ Brokers, Others), by Vehicle Age (New Vehicle, Used Vehicle), by Application (Personal, Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031″ according to the report, the global EV insurance industry generated $51.4 billion in 2021, …
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Car Insurance Aggregators Market Expected to Hit $17.9 Billion by 2031
The global car insurance aggregators market is experiencing growth due to the increasing number of aggregators and digital brokers According to a new report published by Allied Market Research, titled, “Car Insurance Aggregators Market,” The car insurance aggregators market was valued at $3.7 billion in 2021, and is estimated to reach $17.9 billion by 2031, …
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Decentralized Insurance Market to Hit $135.6 Billion, Globally, by 2032 at 58.5% CAGR
The worldwide decentralized insurance market is driven by straightforwardness presented by decentralized insurance, cost-viability, and adaptability and enhancement presented by DeFi insurance. According to the report, the global decentralized insurance industry generated $1.4 billion in 2022, and is anticipated to generate $135.6 billion by 2032, witnessing a CAGR of 58.5% from 2023 to 2032 Get …
Zoo Insurance Market : The Only Guide You Need by 2032
Zoo insurance is a type of insurance that protects the policyholder against financial losses caused by the death of an animal, transportation, and others. Furthermore, with many zoos facing closure, the cost of zoo insurance is being scrutinized more than ever before. So, zoo insurance policy covers these financial losses for the zoo owners. In addition, …
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B2B2C Insurance Growth, Statistics, Industry Size, Development, Trend, Demand, Application, Analysis till 2032
The global B2B2C insurance market is expected to witness substantial growth during the forecast period of 2020 to 2027. B2B2C insurance refers to selling of life insurance and non-life insurance products and services through non-insurance mediators other than conventional insurance intermediaries such as agents, independent financial advisories and brokers, as well as includes the direct selling of …
At a CAGR of 18.2% BFSI Crisis Management Market projected to reach $31.15 billion by 2027
According to a recent report published by Allied Market Research, titled, “BFSI Crisis Management Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises (SMEs)), and Application (Disaster Recovery & Business Continuity, Risk & Compliance Management, Crisis Communication, Incident Management & Response, and Others), and End …
Usage-Based Insurance Market to Reach $149.22 Billion by 2027, at 25.1% CAGR
As per the report published by Allied Market Research, the global usage-based insurance market generated $28.75 billion in 2019, and is estimated to reach $149.22 billion by 2027, witnessing a CAGR of 25.1% from 2020 to 2027. Growing adoption among end users and flexible insurance premiums drive the growth of the global usage-based insurance market. However, high installation cost of telematics …
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