Insurtech Market - FinTecBuzz

InsurTech Market Projected to Reach $49.78 Billion by 2027

September 4, 20239 min

The “InsurTech (Insurance Technology) Global Market Report 2023″ report has been added to ResearchAndMarkets.com’s offering. The global InsurTech (insurance technology) market is poised for substantial growth, projected to increase from $10.53 billion in 2022 to $14.37 billion in 2023 at a compound annual growth rate (CAGR) of 36.52%. Furthermore, the market is expected to reach $49.78 billion by 2027, with a CAGR of 36.42%. What is InsurTech? InsurTech, or insurance technology, refers to the integration of technological advancements to...

by PRNewswire

Insurance

United Kingdom Insurtech Market 2021-2026

November 22, 202110 min

The “United Kingdom Insurtech Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The UK insurance industry is fundamentally changing. The UK general insurance market continues to be fiercely competitive but is troubled by sustained low profitability fueled by the predominance of online distribution channels. Insurers recognize that the everyday lives of their customers are being transformed by new technologies. They also recognize that this transformation is affecting their own...