The Insurance Analytics Market size is expected to grow at an annual average of 5% during 2021-2027. Insurance analytics is widely used in the insurance sector to control risk in underwriting, pricing, valuation, billing, marketing, and reservations. This analytics solution also helps insurance companies manage risk and deliver better insurance contracts in areas such as health, life, property or injury. Additionally, the key role of this insurance analytics is to reduce costs, optimize customer relationship processes, and use predictive analytics in insurance models to generate reliable reports across multiple product lines.
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Company Profile
- Applied Systems
- IBM Corp.
- Microsoft
- Open Text Corporation
- Oracle
- Pegasystems Inc.
- salesforce.com inc.
- SAP SE
- SAS Institute Inc.
- Vertafore, Inc.
Market – Segmentation
By Application
- Claims Management
- Risk Management
- Customer Management
- Sales & Marketing
- Others
By End User
- Insurance Companies
- Government Agencies
- Third-party Administrators, Brokers & Consultancies
Scope of the Report
The research study analyzes the Global Insurance Analytics Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report Global Insurance Analytics Market of is available at: https://www.orionmarketreports.com/insurance-analytics-market/38060/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Insurance Analytics Market Report
1. What was the Insurance Analytics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Insurance Analytics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Insurance Analytics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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