Usage-Based Insurance is fast becoming a revolution in the United States as it offers a package of benefits such as Attracting low-risk drivers. Enhancing customer loyalty. Reducing claims costs. Increasing the number of potential touch-points per year which is altering the face of the Auto-Insurance Industry and is poised to […]
Insurance
The global InsurTech market revenue was valued at $532.7 billion in 2018 and is expected to reach $ 3.4 trillion by 2023, growing at a CAGR of 45.6% during the forecast period 2019–2023. Definition / Scope Market Overview Top Market Opportunities Market Drivers Market Restraints Industry Challenges Technology Trends Pricing […]
In future to succeed in utilizing and bringing value out of data analytics in insurance, data scientists and actuaries must collaborate to understand the analytics models. At present only 3% of the insurance companies in the US are doing the same. Definition / Scope Market Overview Top Market Opportunities Market […]
Almost 90% of the total population in Nepal is living without an insurance policy despite the existence of insurance companies for almost half a century. The penetration of insurance is just 1.31% of the GDP. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Trends Industry Challenges Regulatory […]
