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The  global wealth management market  size is estimated to be valued at  $850.90 billion by 2028 , surging from  $498.70 billion in 2020 , at a  CAGR of 7.1% . Global Wealth Management Market Analysis The growth is likely to be fueled by an increase in the number of high net worth individuals (HNWIs) around the world. HNWIs have cultivated a tight working connection with investment banks and independent financial advisors in order to understand their company goals and build investment strategies. HNWIs participate in financial markets to maximize their profits. Traditional wealth management of an ever-increasing number of individuals is a difficult and hazardous responsibility for financial institutions. As a result, demand for tools or systems to automate wealth management procedures is steadily increasing. To make their commercial responsibilities easier, many companies are turning their focus to digital platforms. The wealth management system enables organizations to keep track of t

  Homeowners insurance is a type of property insurance that covers losses and damages to a person's home, as well as furniture and other assets in the home. Homeowners insurance also includes liability coverage for accidents that occur in the home or on the property. Homeowners insurance is a type of property insurance that covers losses and damages to a person's home and assets. Impact of COVID-19 on the Market The real estate industry has greatly suffered due to the restrictions on construction activities, which has resulted in a decrease in demand and requirement for home insurance services during the pandemic. The global home insurance market has witnessed a negative impact of the COVID-19 pandemic and is expected to recover during the forecast timeframe. To stay relevant and gain a significant market share in the home insurance sector, organizations around the world that provide home insurance services are implementing business strategies such as acquisition and partnershi

  The  global insurtech market  size  2020  is estimated to be valued at  $7,841.0 , growing at a  CAGR of 29.1%  and is expected to reach  $57,934.0 million by 2028 . COVID-19 Impact on the Insurtech Market The global insurtech market trend is projected to be positively impacted by the COVID-19 outbreak. Businesses all across the world are attempting to increase their competitiveness and market worth in order to prepare for the pandemic. Businesses and customers avoid personal touch to prevent the spread of infections. These actions will benefit artificial intelligence, blockchain, and other user-friendly insurance technology. As a result, the need for insurtech startups and solutions has increased considerably during the corona virus pandemic. Checkout How COVID-19 impacts the Insurtech Market. Click Here to Schedule a Call to Speak our Expert Analyst for Triangulate with your own data @  https://www.researchdive.com/connect-to-analyst/8506 Global Insurtech Market Analysis Market gro

  What is Digital Banking? Digital banking  is a commonly used expression, but it is an idea that is often mistaken. Digital banking involves the integration of every phase in banking that goes far beyond web or mobile banking. Full digitization of banks and all of their operations, services, and roles imply digital banking. To boost customer experience, digital Banking depends on Big Data, analyzes and integrates all new technologies. Online banking presents both customers and staff with a complete transformation to an online world that is frontend and backend. It's not just digitization of your services and products (the front end), but also process management (the back end) and the relation of these processes together to middleware. What is the difference between Digital banking and Online banking? Online banking is known as electronic transactions that use the internet as a gateway. Whilst online banking restricts you to what the banks offer, such as NEFT transactions, automate