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The insurance technology market in europe is forecasted to grow by USD 36.86 billion during 2025-2030, accelerating at a CAGR of 39.2% during the forecast period. The report on the insurance technology market in europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in personalized, data-driven insurance products, expansion of cloud-based insurance infrastructure solutions, increasing focus on climate risk, sustainability, and esg integration.
The study identifies the rising partnerships between insurers and tech startups as one of the prime reasons driving the insurance technology market in europe growth during the next few years. Also, adoption of predictive analytics for underwriting decisions and increasing use of blockchain for fraud prevention will lead to sizable demand in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The insurance technology market in europe is segmented as below:
By Type
- Solution
- Service
By Technology
- Cloud computing
- IoT
- Big data and business analytics
- Blockchain
- Others
By Application
- Policy administration and management
- Claims management
- Underwriting and risk assessment
- Fraud detection and prevention
- Others
By Region
- Europe
The report covers the following areas:
- Insurance technology market in europe sizing
- Insurance technology market in europe forecast
- Insurance technology market in europe industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Technology
10 Market Segmentation by Application
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global insurance technology market in europe: Alan SA, Anorak Technologies Ltd., CFC Underwriting Ltd, Charles Taylor Ltd., Cover Genius, Damco Group, Descartes Underwriting SAS, Duck Creek Technologies LLC, FRISS, Getsafe Digital GmbH, Guidewire Software Inc., INZMO Europe GmbH, Majesco, Powszechny Zaklad Ubezpieczen, Shift Technology, simplesurance GmbH, wefox Holding AG, Xempus AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising partnerships between insurers and tech startups."
According to the report, one of the major drivers for this market is the surge in personalized, data-driven insurance products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alan SA
- Anorak Technologies Ltd.
- CFC Underwriting Ltd
- Charles Taylor Ltd.
- Cover Genius
- Damco Group
- Descartes Underwriting SAS
- Duck Creek Technologies LLC
- FRISS
- Getsafe Digital GmbH
- Guidewire Software Inc.
- INZMO Europe GmbH
- Majesco
- Powszechny Zaklad Ubezpieczen
- Shift Technology
- simplesurance GmbH
- wefox Holding AG
- Xempus AG
