Growing digital transformation of the financial services industry is slated to be the main catalyst for insurtech demand in the future. Increasing emphasis on digital transformation, growing demand for better insurance services, and rising complexity of regulatory frameworks in insurance are other factors that contribute to global insurtech market growth over the coming years.
Insurtech Market size was valued at USD 12.71 Billion in 2023 and is poised to grow from USD 19.41 Billion in 2024 to USD