Insurance claims management software is used by insurance companies to manage the entire claims lifecycle, from creation to settlement. These systems are designed to automate large portions of the claims process, reduce processing time, reduce costs, and improve customer experience throughout the entire claims process.
This report contains market size and forecasts of Insurance Claims Management Solution in Global, including the following market information:
Global Insurance Claims Management Solution Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Insurance Claims Management Solution market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
On-Premise Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Insurance Claims Management Solution include DXC Technology, Comindware, Pega, ClaimVantage, Claimable, Guidewire, Axxis Systems, Applied Systems and i2GO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Insurance Claims Management Solution companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Insurance Claims Management Solution Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Insurance Claims Management Solution Market Segment Percentages, by Type, 2021 (%)
On-Premise
Cloud Based
Global Insurance Claims Management Solution Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Insurance Claims Management Solution Market Segment Percentages, by Application, 2021 (%)
BFSI
Government
Travel & Hospitality
Healthcare & Life Sciences
Others
Global Insurance Claims Management Solution Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Insurance Claims Management Solution Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Insurance Claims Management Solution revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Insurance Claims Management Solution revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
DXC Technology
Comindware
Pega
ClaimVantage
Claimable
Guidewire
Axxis Systems
Applied Systems
i2GO
Water Street
Centralpoint
Comarch Insurance Claims
Duck Creek Technologies
Snapsheet
BriteCore
ClaimXperience
LexisNexis Risk Solutions
Insurity
A1 Tracker
FileTrac
Change Healthcare
Record360
All Payer Exchange