Insurance professionals collect a huge amount of data from their customers. And then, they hand it over to underwriters, who evaluate risks of insuring that person using various actuarial data, claims data, and a bunch of other techniques (some of which are proprietary to the insurer. Third-party administrators, brokers, and consultancies end-user segment is expected to grow at the highest rate during the forecast period. Insurance analytics is a process which is structured for analyzing and integrating large volumes of insurance data which covers a wide range of analytical processes in various insurance businesses such as sales & distribution analytics, marketing and medical claim analytics.
The Insurance Analytics Market size is expected to reach values over the billion by 2023, growing at a CAGR of approximately +12% between forecast periods.
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Top Key Vendors:
SAP SE, Salesforce, TIBCO Software, SAS Institute, Tableau Software, Vertafore, Applied Systems, MicroStrategy, Hexaware, Guidewire, Sapiens International, LexisNexis, Palantir, Birst, Pegasystems, OpenText, BOARD International, Mitchell International, QlikTech, Microsoft and BRIDGEi2i
The Insurance Analytics market size in Asia Pacific is expected to grow at the highest rate from 2018 to 2023, owing to the increasing adoption of automation, and huge opportunities across industries in the region, especially in Australia, China and Japan. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
The objective of the report is to define, describe, and forecast the insurance analytics market trends based on component, business application, end-user, deployment model, organization size, industry, and region. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub segments.
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Table of Content:
Insurance Analytics Market 2018
Chapter 1: Industry Overview of Market
Chapter 2: Manufacturing Cost Structure Analysis of Insurance Analytics Market
Chapter 3: Technical Data and Manufacturing Plants Analysis of Market
Chapter 4: Overall Market Overview of Insurance Analytics Market
Chapter 5: Insurance Analytics Market Analysis
Chapter 6: Major Manufacturers Analysis of Market
Chapter 7: Development Trend of Analysis of Market
Chapter 8: Insurance Analytics Marketing Type Analysis
Chapter 9: Conclusion of Insurance Analytics Market Report 2018
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