Insurtech has been increasingly adopted by insurers as it improves the customer experience, simplifies policy management, and increases competition, which are some of the major Insurtech market trends Request Sample Report: https://www.alliedmarketresearch.com/request-sample/12738 The global Insurtech market size was valued at $9.41 billion in 2020, and is projected to reach $158.99 billion by 2030, growing at a …
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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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