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  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. Global Insurtech Market Analysis Market growth is expected to be fueled by rising demand for insurance service digitization. The simplification of claims processes is likely to drive growth of insurtech gateways and fintech insurtechs. Insurance

  The  global commercial insurance market  size is estimated to be valued at  $661,743.0 million by 2028 , surging from  $349,127.3 million in 2020 , at a  CAGR of 8.1% . COVID-19 Impact on the Commercial Insurance Market Various insurance brokerage firms in emerging countries like India have closed due to a drop-in client demand for insurance. The business insurance market has risen dramatically in recent years, but it is likely to face a modest fall in 2021 as a result of the COVID-19 pandemic and resume growth post the pandemic. This is due to the implementation of curfews by government agencies in most countries, as well as a rise in business insurance prices. Post COVID-19 Impacts on Commercial Insurance Market. Get in touch with Expert Analyst@  https://www.researchdive.com/connect-to-analyst/8428 Global Commercial Insurance Market Analysis Due to a growth in demand for commercial insurance policy among small and medium-sized firms, the commercial insurance market growth is expec

  The  global home insurance market  is estimated to be valued at   $4,07,940.4 million by 2028 , surging from   $2,41,006.8 million in 2020   at a noteworthy   CAGR of 6.8% . Impact Analysis of COVID-19 on the Home Insurance Market The COVID-19 emergency has had a negative impact on the global home insurance market growth. During the pandemic, the restriction on construction activities led to decline in demand of home insurance services globally. The general economic activity is uncertain and could continue to negatively impact premium volumes of the insurance companies. The degree of the impact will depend on the duration of the pandemic and the related impact on the economy. Moreover, during the time of the pandemic, some of the global insurance companies have been adopting various strategies such as acquisition and partnerships to gain a major position in the global market during the pandemic. Post COVID-19 Pandemic Impacts on Home Insurance Market. Click to Connect with our Expert

  The  global IoT insurance market  is predicted to be valued at   US$402,990.0 million by 2028 , surging from   $13,540.0 million in 2020   at a noteworthy   CAGR of 54.4% . Impact Analysis of COVID-19 on the IoT Insurance Market The coronavirus outbreak impacted the IoT insurance market positively. Most of the places were shut down due to the spread of the coronavirus. The fear of coronavirus among the people increased the demand of insurance, which is predicted to boost the IoT insurance market at the time of pandemic. Most of the insurance organizations have also implemented cloud services to a huge extent to track customer health with the help of connected devices. All these factors are predicted to boost the IoT insurance market during the pandemic. Global IoT Insurance Market Analysis Most of the businesses rely on IT and networks vastly. The funds required to maintain these networks cost too much for the organizations. At present, the organizations outsource the maintenance of