Easy internet accessibility through computers, mobiles, and handheld devices has increased customers' dependence on online platforms for most things. Customers are now using these devices to seek information and updates on insurance products and services, a trend that is expected to grow in the near future.
While the penetration of these devices is higher in developed western economies, the developing economies of India and China are also catching pace. In fact, the lack of proper distribution networks in developing economies is forcing insurance companies to come up with more innovative ways to control their various channels for selling products and attract the millennial generation.
Synopsis
Vertical Focus Report - Insurance: Trends in online platforms depicts the business challenges faced by the insurance sector in the online platforms domain along with the recent demand side and supply side trends in this functional area.
Vertical Focus Report - Insurance: Trends in online platforms depicts the business challenges faced by the insurance sector in the online platforms domain along with the recent demand side and supply side trends in this functional area.
The report outlines the evolution of the online platforms domain and identifies the key opportunity areas for the ICT vendors. This report also presents Current Analysis' view of the revenue opportunities in the online platforms domain through to 2019, highlighting the market size and growth by geography.
Browse Full Research Report With TOC: http://www.radiantinsights.com/research/insurance-trends-in-online-platforms-vertical-and-technology-trends
In particular, it provides an in-depth analysis of the following:
- The latest trends impacting the insurance sector's online platforms market.
- The market trends (both supply-side and demand-side) that will facilitate the growth of the insurance sector's online platforms market.
- The technology evolution of the market and vendor opportunities
- The market inhibitors that may hinder the pervasive adoption of online platforms among insurers.
- The primary findings from Current Analysis' view of revenue opportunities in the insurance sector's online platforms market through to 2019, highlighting the market size and growth by regions.
- An identification of insurance sectors' IT budget allocation and IT priorities relating to online platforms.
- The latest trends impacting the insurance sector's online platforms market.
- The market trends (both supply-side and demand-side) that will facilitate the growth of the insurance sector's online platforms market.
- The technology evolution of the market and vendor opportunities
- The market inhibitors that may hinder the pervasive adoption of online platforms among insurers.
- The primary findings from Current Analysis' view of revenue opportunities in the insurance sector's online platforms market through to 2019, highlighting the market size and growth by regions.
- An identification of insurance sectors' IT budget allocation and IT priorities relating to online platforms.
Key Findings
- The dramatic shift from traditional selling to digital insurance selling is compelling carriers to shift to modern and preferred ways to communicate with clients, that is, through voice, chat, digital, mobile, and social networking platforms.
- The low cost of sensors, improved communication mediums, and quick data processing power is driving insurers to take advantage of IoT for various purposes that include the identification of customer needs and risks.
- Peer-to peer insurance is an emerging concept to provide insurance at low premiums and ensuring greater loss coverage. Emerging markets are quick to adopt this concept because of reduced premium costs, whereas mature markets are also showing interest because of the rising digitized content and the availability of commoditized insurance product lines.
- The dramatic shift from traditional selling to digital insurance selling is compelling carriers to shift to modern and preferred ways to communicate with clients, that is, through voice, chat, digital, mobile, and social networking platforms.
- The low cost of sensors, improved communication mediums, and quick data processing power is driving insurers to take advantage of IoT for various purposes that include the identification of customer needs and risks.
- Peer-to peer insurance is an emerging concept to provide insurance at low premiums and ensuring greater loss coverage. Emerging markets are quick to adopt this concept because of reduced premium costs, whereas mature markets are also showing interest because of the rising digitized content and the availability of commoditized insurance product lines.
Reasons To Buy
- Understand the insurance sectors' landscape, the recent trends, and inhibitors shaping the insurance sector's online platforms market.
- Comprehend the insurance sector's online platforms market evolution.
- Enhance your market segmentation by analyzing the revenue opportunity forecasts figure in the insurance sector's online platforms market from 2015 to 2019, across geographies.
- Comprehend insurance sectors' IT budget allocation and prioritization of top IT projects in 2015.
- Understand how the insurance sector's online platforms market opportunities are set to change in near future.
- Understand the insurance sectors' landscape, the recent trends, and inhibitors shaping the insurance sector's online platforms market.
- Comprehend the insurance sector's online platforms market evolution.
- Enhance your market segmentation by analyzing the revenue opportunity forecasts figure in the insurance sector's online platforms market from 2015 to 2019, across geographies.
- Comprehend insurance sectors' IT budget allocation and prioritization of top IT projects in 2015.
- Understand how the insurance sector's online platforms market opportunities are set to change in near future.
See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/technology-and-media
About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
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Michelle Thoras
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Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com/
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com/
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