Telecommunication Insurance Market Report 2026

The telecommunication insurance market size has grown rapidly in recent years. It will grow from $12.58 billion in 2025 to $14.62 billion in 2026 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to expansion of global telecom networks, increasing investments in 4g and 5g infrastructure, growth in telecom equipment manufacturing, rising operational risks in telecom services, increased reliance on digital communication systems.

The telecommunication insurance market size is expected to see rapid growth in the next few years. It will grow to $26.58 billion in 2030 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to increasing deployment of advanced telecom infrastructure, rising cyber threat exposure, expansion of iot-enabled telecom services, growing need for comprehensive risk management, increasing regulatory scrutiny on telecom operations. Major trends in the forecast period include increasing demand for cyber risk coverage, rising adoption of customized telecom insurance policies, growing integration of risk analytics in underwriting, expansion of network infrastructure insurance, enhanced focus on operational liability coverage.

The anticipated expansion of the telecommunications sector is expected to drive growth in the telecommunication insurance market. The telecommunications sector includes a range of companies and services that facilitate the transmission of data, voice, audio, and video over long distances. This sector's growth is fueled by increasing data consumption, expanding smartphone usage, and rising internet access. Telecommunication insurance plays a crucial role in protecting telecommunications companies from various risks by offering comprehensive coverage for property, liability, employee protection, and cyber threats. For example, in July 2024, Ofcom, a UK-based government agency, reported that mobile telephony services generated £3.41 billion ($4.36 billion) in retail revenues during the first quarter of 2024, marking a £227.7 million ($247.54 million) increase, or a 7.2% rise compared to 2023. This sector expansion is consequently propelling the growth of the telecommunication insurance market.

Leading companies in the telecommunication insurance market are focusing on developing innovative insurance policies, such as satellite in-orbit third-party liability insurance, to cover risks associated with satellite launches, operations, and potential failures. Satellite in-orbit third-party liability insurance is a specialized policy designed to address financial liabilities and damages that may arise if a satellite operator's satellite causes harm to third-party properties or individuals while in orbit. For instance, in May 2024, Tata AIG, an India-based insurance company, introduced its Satellite In-Orbit Third-Party Liability Insurance. This policy is tailored to provide extensive protection throughout a satellite's lifecycle, addressing the unique challenges of the space industry and supporting the growth of emerging markets. It offers comprehensive protection against third-party claims, ensuring that satellite manufacturers and operators are financially protected in the event of incidents causing harm or property damage.

In September 2023, The Clear Group, a UK-based independent insurance broker, acquired Bluestone Insurance Services Limited for an undisclosed amount. This acquisition is intended to enhance The Clear Group's presence and capabilities within the insurance sector by expanding its portfolio of insurance solutions, broadening its client base, and potentially increasing its industry expertise and resources. Bluestone Insurance Services Limited, also based in the UK, provides insurance solutions across various sectors, including telecommunications.

Major companies operating in the telecommunication insurance market are Allianz SE, Zurich Insurance Group Ltd., Liberty Mutual Insurance Company, The Travelers Companies Inc., Sompo International Holdings Ltd., Aon PLC, CNA Financial Corporation, Arthur J. Gallagher & Co., Chubb Limited, McGriff Insurance Services Inc., EMC Insurance Group Inc., The Hartford Financial Services Group Inc., QBE Insurance Group Limited, Acera Insurance, Farmers Union Insurance Company, CoverWallet Inc., Insureon, Tech Insurance, Bluestone Insurance Services Ltd., Anderson Lloyd International Ltd., Tower Street Insurance.

North America was the largest region in the telecommunication insurance market in 2025. The regions covered in the telecommunication insurance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the telecommunication insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The telecommunication insurance market consists of sales of property insurance, business interruption insurance, cyber liability insurance, and employers' liability insurance. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.