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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 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

  The  global insurance brokerage market  is estimated to be valued at   $515.3 billion by 2028 , surging from   $317.9 billion in 2020   at a   CAGR of 5.4% .  Impact Analysis of COVID-19 on the Insurance Brokerage Market During the COVID-19 pandemic, the worldwide market for insurance brokerage is expected to be affected adversely. Due to a decline in consumer demand for insurance, different insurance brokerage firms in developing countries have closed, and shareholders of public trading insurance brokerage firms are withholding their contributions from the company in order to raise funds to meet their daily and conventional needs. The insurance brokerage market has grown significantly in recent years; however, due to the outbreak of the COVID-19 pandemic, the market is expected to experience a minor decline in 2020. This is attributed to the execution of curfew by government bodies in most nations, as well as the closure of businesses and private & public companies around the gl

  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% . Global Home Insurance Market Analysis The surge in the human population has increased the demand for housing services globally, which has propelled the development of residential housing services. The increasing requirement for safe housing has aided in the expansion of home insurance market. The utilization of home insurance services has advantages such as coverage of temporary living expenses and coverage for the loss/damage to your valuable assets and precious personal belongings, which makes it easier to avail a house loan from banks that provides coverage against natural and man-made calamities, protection against liabilities, and others. These factors are expected to contribute in the growth of global home insurance market. The lack of awareness of investment and lack of resources in growing businesses may obst

  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