Insurance software is designed to help insurance carriers, agencies or brokerages manage their day-to-day operations. On the administrative side, these systems can help you keep track of policy and claims information, manage your teams and more. There's a client side to this software as well, which allows your customers to log in and do things such as check their policy information, fill out forms and make online payments.
Scope of the Report:
This report studies the Insurance Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Insurance Software market by product type and applications/end industries.
Combining business process management (BPM) and customer relationship management (CRM) functionality, insurance software can act as the digital hub to facilitate all of company's primary insurance processes. Insurance software deployments are either on-premise (where the software is maintained on company servers) or cloud-based (where the software is maintained on vendor servers and accessed by companies via the internet). There are benefits to each option—on-premise software is more customizable to your needs, while cloud-based software requires fewer IT resources.
The global Insurance Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Insurance Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Microsoft
Oracle
Salesforce
SAP
Acturis
Automated Workflow
Buckhill
Computer Professionals
Computer Sciences Corporation
Dell
Ebix
EIS Group
Guidewire Software
Hyland Software
Insly
Insurity
Lexmark
MedinyX
Pegasystems
Sapiens
SAS
Solartis
Transactor
Vertafore
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
On-premises
SaaS-based
Market Segment by Applications, can be divided into
Commercial P&C insurance
Personal P&C insurance
Health and medical insurance
Life and accident insurance
Insurance administration and risk consulting
Annuities
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Insurance Software Market Overview
1.1 Product Overview and Scope of Insurance Software
1.2 Classification of Insurance Software by Types
1.2.1 Global Insurance Software Revenue Comparison by Types (2017-2023)
1.2.2 Global Insurance Software Revenue Market Share by Types in 2017
1.2.3 On-premises
1.2.4 SaaS-based
1.3 Global Insurance Software Market by Application
1.3.1 Global Insurance Software Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Commercial P&C insurance
1.3.3 Personal P&C insurance
1.3.4 Health and medical insurance
1.3.5 Life and accident insurance
1.3.6 Insurance administration and risk consulting
1.3.7 Annuities
1.4 Global Insurance Software Market by Regions
1.4.1 Global Insurance Software Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Insurance Software Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Insurance Software Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Insurance Software Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Insurance Software Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Insurance Software Status and Prospect (2013-2023)
1.5 Global Market Size of Insurance Software (2013-2023)
2 Manufacturers Profiles
2.1 Microsoft
2.1.1 Business Overview
2.1.2 Insurance Software Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Microsoft Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.2 Oracle
2.2.1 Business Overview
2.2.2 Insurance Software Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Oracle Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.3 Salesforce
2.3.1 Business Overview
2.3.2 Insurance Software Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Salesforce Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.4 SAP
2.4.1 Business Overview
2.4.2 Insurance Software Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 SAP Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.5 Acturis
2.5.1 Business Overview
2.5.2 Insurance Software Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Acturis Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.6 Automated Workflow
2.6.1 Business Overview
2.6.2 Insurance Software Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Automated Workflow Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.7 Buckhill
2.7.1 Business Overview
2.7.2 Insurance Software Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Buckhill Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.8 Computer Professionals
2.8.1 Business Overview
2.8.2 Insurance Software Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Computer Professionals Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.9 Computer Sciences Corporation
2.9.1 Business Overview
2.9.2 Insurance Software Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Computer Sciences Corporation Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.10 Dell
2.10.1 Business Overview
2.10.2 Insurance Software Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Dell Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.11 Ebix
2.11.1 Business Overview
2.11.2 Insurance Software Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Ebix Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.12 EIS Group
2.12.1 Business Overview
2.12.2 Insurance Software Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 EIS Group Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.13 Guidewire Software
2.13.1 Business Overview
2.13.2 Insurance Software Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Guidewire Software Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.14 Hyland Software
2.14.1 Business Overview
2.14.2 Insurance Software Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Hyland Software Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.15 Insly
2.15.1 Business Overview
2.15.2 Insurance Software Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 Insly Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.16 Insurity
2.16.1 Business Overview
2.16.2 Insurance Software Type and Applications
2.16.2.1 Product A
2.16.2.2 Product B
2.16.3 Insurity Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.17 Lexmark
2.17.1 Business Overview
2.17.2 Insurance Software Type and Applications
2.17.2.1 Product A
2.17.2.2 Product B
2.17.3 Lexmark Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.18 MedinyX
2.18.1 Business Overview
2.18.2 Insurance Software Type and Applications
2.18.2.1 Product A
2.18.2.2 Product B
2.18.3 MedinyX Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.19 Pegasystems
2.19.1 Business Overview
2.19.2 Insurance Software Type and Applications
2.19.2.1 Product A
2.19.2.2 Product B
2.19.3 Pegasystems Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.20 Sapiens
2.20.1 Business Overview
2.20.2 Insurance Software Type and Applications
2.20.2.1 Product A
2.20.2.2 Product B
2.20.3 Sapiens Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.21 SAS
2.21.1 Business Overview
2.2.2 Insurance Software Type and Applications
2.21.2.1 Product A
2.21.2.2 Product B
2.21.3 SAS Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.22 Solartis
2.22.1 Business Overview
2.22.2 Insurance Software Type and Applications
2.22.2.1 Product A
2.22.2.2 Product B
2.22.3 Solartis Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.23 Transactor
2.23.1 Business Overview
2.23.2 Insurance Software Type and Applications
2.23.2.1 Product A
2.23.2.2 Product B
2.23.3 Transactor Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
2.24 Vertafore
2.24.1 Business Overview
2.24.2 Insurance Software Type and Applications
2.24.2.1 Product A
2.24.2.2 Product B
2.24.3 Vertafore Insurance Software Revenue, Gross Margin and Market Share (2016-2017)
3 Global Insurance Software Market Competition, by Players
3.1 Global Insurance Software Revenue and Share by Players (2013-2018)
3.2 Market Concentration Rate
3.2.1 Top 5 Insurance Software Players Market Share
3.2.2 Top 10 Insurance Software Players Market Share
3.3 Market Competition Trend
4 Global Insurance Software Market Size by Regions
4.1 Global Insurance Software Revenue and Market Share by Regions
4.2 North America Insurance Software Revenue and Growth Rate (2013-2018)
4.3 Europe Insurance Software Revenue and Growth Rate (2013-2018)
4.4 Asia-Pacific Insurance Software Revenue and Growth Rate (2013-2018)
4.5 South America Insurance Software Revenue and Growth Rate (2013-2018)
4.6 Middle East and Africa Insurance Software Revenue and Growth Rate (2013-2018)
5 North America Insurance Software Revenue by Countries
5.1 North America Insurance Software Revenue by Countries (2013-2018)
5.2 USA Insurance Software Revenue and Growth Rate (2013-2018)
5.3 Canada Insurance Software Revenue and Growth Rate (2013-2018)
5.4 Mexico Insurance Software Revenue and Growth Rate (2013-2018)
6 Europe Insurance Software Revenue by Countries
6.1 Europe Insurance Software Revenue by Countries (2013-2018)
6.2 Germany Insurance Software Revenue and Growth Rate (2013-2018)
6.3 UK Insurance Software Revenue and Growth Rate (2013-2018)
6.4 France Insurance Software Revenue and Growth Rate (2013-2018)
6.5 Russia Insurance Software Revenue and Growth Rate (2013-2018)
6.6 Italy Insurance Software Revenue and Growth Rate (2013-2018)
7 Asia-Pacific Insurance Software Revenue by Countries
7.1 Asia-Pacific Insurance Software Revenue by Countries (2013-2018)
7.2 China Insurance Software Revenue and Growth Rate (2013-2018)
7.3 Japan Insurance Software Revenue and Growth Rate (2013-2018)
7.4 Korea Insurance Software Revenue and Growth Rate (2013-2018)
7.5 India Insurance Software Revenue and Growth Rate (2013-2018)
7.6 Southeast Asia Insurance Software Revenue and Growth Rate (2013-2018)
8 South America Insurance Software Revenue by Countries
8.1 South America Insurance Software Revenue by Countries (2013-2018)
8.2 Brazil Insurance Software Revenue and Growth Rate (2013-2018)
8.3 Argentina Insurance Software Revenue and Growth Rate (2013-2018)
8.4 Colombia Insurance Software Revenue and Growth Rate (2013-2018)
9 Middle East and Africa Revenue Insurance Software by Countries
9.1 Middle East and Africa Insurance Software Revenue by Countries (2013-2018)
9.2 Saudi Arabia Insurance Software Revenue and Growth Rate (2013-2018)
9.3 UAE Insurance Software Revenue and Growth Rate (2013-2018)
9.4 Egypt Insurance Software Revenue and Growth Rate (2013-2018)
9.5 Nigeria Insurance Software Revenue and Growth Rate (2013-2018)
9.6 South Africa Insurance Software Revenue and Growth Rate (2013-2018)
10 Global Insurance Software Market Segment by Type
10.1 Global Insurance Software Revenue and Market Share by Type (2013-2018)
10.2 Global Insurance Software Market Forecast by Type (2018-2023)
10.3 On-premises Revenue Growth Rate (2013-2023)
10.4 SaaS-based Revenue Growth Rate (2013-2023)
11 Global Insurance Software Market Segment by Application
11.1 Global Insurance Software Revenue Market Share by Application (2013-2018)
11.2 Insurance Software Market Forecast by Application (2018-2023)
11.3 Commercial P&C insurance Revenue Growth (2013-2018)
11.4 Personal P&C insurance Revenue Growth (2013-2018)
11.5 Health and medical insurance Revenue Growth (2013-2018)
11.6 Life and accident insurance Revenue Growth (2013-2018)
11.7 Insurance administration and risk consulting Revenue Growth (2013-2018)
11.8 Annuities Revenue Growth (2013-2018)
12 Global Insurance Software Market Size Forecast (2018-2023)
12.1 Global Insurance Software Market Size Forecast (2018-2023)
12.2 Global Insurance Software Market Forecast by Regions (2018-2023)
12.3 North America Insurance Software Revenue Market Forecast (2018-2023)
12.4 Europe Insurance Software Revenue Market Forecast (2018-2023)
12.5 Asia-Pacific Insurance Software Revenue Market Forecast (2018-2023)
12.6 South America Insurance Software Revenue Market Forecast (2018-2023)
12.7 Middle East and Africa Insurance Software Revenue Market Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Insurance Software Picture
Table Product Specifications of Insurance Software
Table Global Insurance Software and Revenue (Million USD) Market Split by Product Type