Advance Market Analytics published a new research publication on “Non-Life-Insurance Platforms Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Non-Life-Insurance Platforms market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
Tia Technology (Denmark), SAP (Germany), Duck Creek (United States), Adacta Group (Slovenia), Keylane (Netherlands), Fadata (Munich), Guidewire (United States), Prima Solutions (United States), Sequel Business Solutions (England) and MSG systems (Germany).
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Scope of the Report of Non-Life-Insurance Platforms
The Non-Life Insurance Platforms Market is made up of products that support the idea of a digital business technology platform by combining basic systems and important technologies that are focused on customers, partners, data, or objects. Non-life insurance is defined as a type of insurance that compensates the insured for losses sustained as a result of a specific financial event. Non-life insurance is also known as general insurance, property insurance, and casualty insurance. It can be defined as any type of insurance that isn’t life insurance. A non-life insurance policy covers people, legal responsibilities, and property.This growth is primarily driven by The growing Insurance industry across the Globe and The Rising Number of Digital Solutions.
Key Developments in the Market:
On 13th April 2021, SAP SE and investment company Dediq GmbH has announced that they have agreed to enter into a partnership in the area of financial services. To better serve the rapidly changing banking and insurance industry, the two companies will jointly expand SAP’s financial services portfolio with a significant investment in new solutions.
On 12th February 2020, Verisk, a leading data analytics provider, and Duck Creek Technologies, a leading provider of core system solutions for the property/casualty insurance industry, announced today additional Verisk underwriting solutions, available on Duck Creek’s Content Exchange, that will enable insurer customers to easily access robust data on applicants’ previous coverage and loss history.
The titled segments and sub-section of the market are illuminated below:
by Type (Software, Service), Application (Automotive and Transportation, Home & Commercial Buildings, Business & Enterprise, Others), End User (Insurance companies, Aggregators, Others)
Market Drivers
The growing Insurance industry across the Globe
The Rising Number of Digital Solutions
Market Trend
The High Demand for cloud Based Solutions
Rise in adoption of insurance services in developing countries and by companies in order to enhance their productivity
Restraints
The Technological Complexities in the Solutions
Opportunities
Technological Advancement and Innovation in the Insurance Solutions in the Developing Countries and High Demand from the Developing Countries
Challenges
Lack of awareness and skilled workforce to utilize insurance software
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Non-Life-Insurance Platforms Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Non-Life-Insurance Platforms market
Chapter 2: Exclusive Summary – the basic information of the Non-Life-Insurance Platforms Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Non-Life-Insurance Platforms
Chapter 4: Presenting the Non-Life-Insurance Platforms Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Non-Life-Insurance Platforms market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Non-Life-Insurance Platforms Market is a valuable source of guidance for individuals and companies.
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