The Insurtech Market Is Expected To Grow At A 30% Rate With The Rise In Insurance Claims - By The Business Research Company
The rise in the number of hospitalization cases during the Covid-19 pandemic has led to the increase in insurance claims.
- The rise in the number of hospitalization cases during the Covid-19 pandemic has led to the increase in insurance claims.
- According to a study by Digit Insurance, an India-based insurance company, health insurance claims surged over 3.5 times in 2021.
- Therefore, the increase in insurance claims is expected to drive the growth of the insurtech market during the forecast period.
- As per the insurtech market research , DXC Technology was the largest competitor in the insurtech market in 2021, with a 4.71% share of the market.