Report Overview
In 2022, the Global Insurtech Market was valued at USD 11.8 Billion and is expected to reach USD 336.5 billion in 2032. This market is estimated to register the highest CAGR of 41.0% between 2023 and 2032. Insurtech is a term that refers to technological innovations designed to increase the productivity of the protection industry. Insurtech is a technology that protects businesses’ organization, creation, and conveyance. Insurtech is a hot topic for venture entrepreneurs since the business of protecting lives is open to innovative and challenging ideas.