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.
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.
Over the next five years, LPI(LP Information) projects that Insurance Software will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Insurance Software market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
On-premises
SaaS-based
Segmentation by application:
Commercial P&C insurance
Personal P&C insurance
Health and medical insurance
Life and accident insurance
Insurance administration and risk consulting
Annuities
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We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Insurance Software market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Insurance Software market by identifying its various subsegments.
Focuses on the key global Insurance Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Insurance Software with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Insurance Software submarkets, with respect to key regions (along with their respective key countries).
Table of Contents
2018-2023 Global Insurance Software Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Insurance Software Market Size 2013-2023
2.1.2 Insurance Software Market Size CAGR by Region
2.2 Insurance Software Segment by Type
2.2.1 On-premises
2.2.2 SaaS-based
2.3 Insurance Software Market Size by Type
2.3.1 Global Insurance Software Market Size Market Share by Type (2013-2018)
2.3.2 Global Insurance Software Market Size Growth Rate by Type (2013-2018)
2.4 Insurance Software Segment by Application
2.4.1 Commercial P&C insurance
2.4.2 Personal P&C insurance
2.4.3 Health and medical insurance
2.4.4 Life and accident insurance
2.4.5 Insurance administration and risk consulting
2.4.6 Annuities
2.5 Insurance Software Market Size by Application
2.5.1 Global Insurance Software Market Size Market Share by Application (2013-2018)
2.5.2 Global Insurance Software Market Size Growth Rate by Application (2013-2018)
3 Global Insurance Software by Players
3.1 Global Insurance Software Market Size Market Share by Players
3.1.1 Global Insurance Software Market Size by Players (2016-2018)
3.1.2 Global Insurance Software Market Size Market Share by Players (2016-2018)
3.2 Global Insurance Software Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
………….
11.1 Microsoft
11.1.1 Company Details
11.1.2 Insurance Software Product Offered
11.1.3 Microsoft Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Microsoft News
11.2 Oracle
11.2.1 Company Details
11.2.2 Insurance Software Product Offered
11.2.3 Oracle Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 Oracle News
11.3 Salesforce
11.3.1 Company Details
11.3.2 Insurance Software Product Offered
11.3.3 Salesforce Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Salesforce News
11.4 SAP
11.4.1 Company Details
11.4.2 Insurance Software Product Offered
11.4.3 SAP Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.4.4 Main Business Overview
11.4.5 SAP News
11.5 Acturis
11.5.1 Company Details
11.5.2 Insurance Software Product Offered
11.5.3 Acturis Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.5.4 Main Business Overview
11.5.5 Acturis News
11.6 Automated Workflow
11.6.1 Company Details
11.6.2 Insurance Software Product Offered
11.6.3 Automated Workflow Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.6.4 Main Business Overview
11.6.5 Automated Workflow News
11.7 Buckhill
11.7.1 Company Details
11.7.2 Insurance Software Product Offered
11.7.3 Buckhill Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.7.4 Main Business Overview
11.7.5 Buckhill News
11.8 Computer Professionals
11.8.1 Company Details
11.8.2 Insurance Software Product Offered
11.8.3 Computer Professionals Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.8.4 Main Business Overview
11.8.5 Computer Professionals News
11.9 Computer Sciences Corporation
11.9.1 Company Details
11.9.2 Insurance Software Product Offered
11.9.3 Computer Sciences Corporation Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.9.4 Main Business Overview
11.9.5 Computer Sciences Corporation News
11.10 Dell
11.10.1 Company Details
11.10.2 Insurance Software Product Offered
11.10.3 Dell Insurance Software Revenue, Gross Margin and Market Share (2016-2018)
11.10.4 Main Business Overview
11.10.5 Dell News
11.11 Ebix
11.12 EIS Group
11.13 Guidewire Software
11.14 Hyland Software
11.15 Insly
11.16 Insurity
11.17 Lexmark
……Continued
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