The latest study released on the Global FinTech in Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027.FinTech in Insurance is a financial technology that is reshaping the provision of financial services, creating new opportunities, and posing new challenges for both the insurance industry and financial supervisors. Fintech innovations refer to the variety of emerging technologies and innovative business models for the potential to transform the insurance business. Global FinTech in Insurance Market was valued at 16651 Million in 2020 and is expected to reach a market value of ~64,443.30 by 2026, registering a CAGR of ~25.33% over the forecast period of 2021-2026 (henceforth referred to as the forecast period). and Geographically, North America is leading for adoption for fintech in insurance due to rising demand in various sectors such oil and gas, aviation, Manufacturing for insurance products and business lines, with concentrations in the P&C business, hence the market for fintech in insurance is triggering the growth of the market over the forecast period

The FinTech in Insurance market study is segmented and major geographies with country level break-up.The market is expected to grow market in the manufacturing as well oil and gas industry. It has wide applications for property and casualty insurance which is driving the demand for the market. Several companies AIG, alliances, Next Insurance are operating in the market to provide customers with better offers with various features & unique offerings. The market is a highly fragmented market with the presence of several market players and local players. The top ten players hold 30% of the market share thta is triggering the market growth over the forecast period


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