Insurance Bpo Services Market Scope And Analysis

Report Code : TIPRE00039050
Category : Banking, Financial Services, and Insurance

No. of Pages : 150

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Insurance BPO Services Market Scope and Key Players Analysis by 2031

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Insurance BPO Services Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 6.41 Billion
Market Size by 2031	US$ 9.57 Billion
Global CAGR (2023 - 2031)	5.1%
Historical Data	2021-2023
Forecast period	2023-2031
Segments Covered	By Services Customer Care Services Finance and Accounting Services Underwriting Services Claims Management By Insurance Type Property and Casualty Insurance and Life and Annuity Insurance By Enterprise Size Large Enterprises and Small & Medium Enterprises By Application BFSI Manufacturing Healthcare Telecom
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	WNS Holdings Ltd Wipro Ltd Accenture Plc Infosys Ltd Tata Consultancy Services Ltd Capgemini SE Genpact Ltd Cognizant Technology Solutions Corp Cogneesol BPO Pvt Ltd

The "Insurance BPO Services Market Analysis" was carried out based on services, insurance type, enterprise size, application, and geography. Based on services, the market is segmented into customer care services, finance and accounting services, underwriting services, claims management, and others. On the basis of insurance type, the market is segregated into property and casualty insurance and life and annuity insurance. In terms of enterprise size, the insurance BPO services market is categorized into large enterprises and small and small enterprises (SMEs). Based on application, the insurance BPO services market is segmented into BFSI, manufacturing, healthcare, telecom, and others. By region, the insurance BPO services market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).

Insurance BPO Services Market News and Recent Developments

The insurance BPO services market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. Companies adopt inorganic and organic strategies such as mergers and acquisitions in the insurance BPO services market. A few recent key market developments are listed below:

In April 2023, Capgemini SE was recognized by Information Services Group Inc (IGS), as a leader in its provider lens procurement BPO and transformational services. Capgemini SE’s robust solution/platform partner network supports its client by providing core procurement operations, workforce optimization, risk management, process mining and advanced analytics, and tail spend management.
In August 2022, Infosys BPM was recognized as a Leader in the BPO Services and Digital Transformation Services categories in the ISG Provider Lens Procurement BPO and Transformation Services.

Insurance BPO Services Market Report Coverage & Deliverables

The market report on “Insurance BPO Services Market Size and Forecast (2021–2031)”, provides a detailed analysis of the market covering below areas-

Market size & forecast at global, regional, and country-level for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities.
Key future trends.
Detailed PEST & SWOT analysis
Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
Detailed company profiles.