Press release
B2B2C Insurance Market Trends Analysis & Growth Factor is Expected to Reach USD 5.79 Billion by 2030
๐๐๐๐๐ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข The global B2B2C insurance market was valued at USD 3.23 billion in 2021.
โข The market is expected to expand at a CAGR of 6.7% from 2022 to 2030.
โข The industry is expected to grow to USD 5.79 billion by 2030.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/b2b2c-insurance-market/request-for-sample
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
B2B2C insurance is the venture of dispensing life and P&C strategies covering non insurance mediators. Such a venture is time-tested to insurers who have been effortlessly dispensing insurance schemes covering alternate fiscal organizations, several retail banks, and wealth creators for years. Insurers have also been providing policies through empathy groups, and additional firms are presently seeking to engage in associations with nonfiscal firms. The B2B2C distribution model has portrayed speedy advancement in the years gone by and is acquiring the awareness of a growing aggregate of players functioning both inside and outside of the insurance industry.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ญ๐๐ ๐จ๐ซ๐ข๐ณ๐๐ญ๐ข๐จ๐ง
The aggressive topography of the market is portrayed by the zestful cooperation of conventional insurers, mediators, insurance start-ups, and ecological players contending for market share and disparity in a growingly digital and customer-focused ambiance. Key companies in the B2B2C insurance market are mentioned below:
โข Allianz SE
โข Assicurazioni Generali S.p.A. Ltd.
โข AXA
โข Berkshire Hathaway
โข China Life Insurance
โข Japan Post Holding Co.
โข Munich Re Group
โข Prudential plc
โข UnitedHealth Group
โข Zurich Insurance Group.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/1084/2
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The escalation in the digital bestowing industry, retail industry, and others is expected to provide remunerative growth possibilities. The escalating B2B2C scope plans demand due to growing automobile sales worldwide is additionally prepared to push the B2B2C insurance market growth. Additionally, the progressions and the usage of inventive technologies such as AI and progressive analytics to sustain transparency between the procedures are expected to push the industry's growth.
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
โข Automotive Industry: Car manufacturers and dealerships offer insurance policies bundled with vehicle purchases. This can include auto insurance, extended warranties, and service contracts.
โข E-commerce and Retail: Online retailers provide insurance for products such as electronics, travel insurance for holiday bookings, and other value-added services that enhance the customer experience.
โข Financial Services: Banks and financial institutions partner with insurers to offer life insurance, health insurance, and other policies as part of their financial product suite.
โข Travel and Hospitality: Travel agencies, airlines, and hospitality providers offer travel insurance, which includes trip cancellation, medical coverage, and loss of baggage protection.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/b2b2c-insurance-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
The B2B2C insurance analysis is based on insurance, distribution channel, and region. Based on insurance, the life insurance segment is witnessing the fastest growth. It is a positioning between the insurer and insurance firm where the insurance company settles an already debated aggregate to the person's family in the face of their death.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Customer Relationship Management Market: https://www.polarismarketresearch.com/industry-analysis/customer-relationship-management-market
Real-Time Location Systems Market: https://www.polarismarketresearch.com/industry-analysis/real-time-location-systems-market
Green Technology And Sustainability Market: https://www.polarismarketresearch.com/industry-analysis/green-technology-and-sustainability-market
Marketing Automation Market: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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B2B2C Insurance refers the sale of life and non-life insurance products via non-insurance intermediaries as opposed to traditional insurance intermediaries (such as agents, Independent Financial Advisers (IFAs), and brokers), and also the direct sale of insurance products to customers (B2C).
The global B2B2C Insurance market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecastโฆ