Insurance analytics is the use of data analytics by companies providing insurance products in the market. It helps insurance companies in assisting customer behavior and further analyzing demand for different insurance products, which are quoted by customers online. In addition, insurance analytics solutions help insurance companies generate leads on the basis of availability of unstructured …
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Insurtech Market to Garner $158.99 Bn by 2030 at 32.7% CAGR
Major determinants of the market growth Rise in digitalization of business models, saturation of the insurance industry, and growth and consolidation of internet technologies have boosted the growth of the global insurtech market. However, privacy & transparency concerns and changes to legal & regulatory framework hinder the market growth. On the contrary, rapid growth in …
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