The insurance industry in
Competitive vendor landscape
The growth of the nominal GDP in
“There is an increase in technological innovations in the micro-insurance industry. The recovery of the global economy, future innovations, and the sustainability of a growing global population rely on micro-insurance companies as these are considered economic growth engines,” says
In response to high demand for micro-insurance products, micro-insurance companies must focus on innovation to gain a larger share of the markets. Micro-insurance customers are largely dependent on insurance providers as they are less aware of micro-insurance products. The low-income customers often do not have knowledge or proper understanding of the products and this lack of awareness about various sources of microfinancing products is hampering the growth of micro-insurance companies.
Request a sample report: https://goo.gl/brnpuA
Technavio’s sample reports are free of charge and contain multiple sections of the report the including the market size and forecast, drivers, challenges, trends, and more.
Top seven micro-insurance market vendors in
AIG is a major insurance provider with over 88 million customers across the world. This company offers life and retirement services, casualty and property insurance, and mortgage guarantee. It is serving the institutional, commercial, and individual customers.
Asian Life and General Assurance
Asian Life and General Assurance offers many insurance products to the various institutions located in
CARD Pioneer is formed from the joining of CARD and Pioneer together for providing micro-insurance products to the economically-and-socially challenged families located in
CLIMBS Life is among the leading vendors of insurance products in
The company offers barangay family protection that provides three main coverages: personal accident, property, and cash assistance. The company pays
The company provides MetLife Vishwas, which is a single premium, micro-insurance, non-participating term assurance plan that provides life cover at a nominal cost to the insured. On survival, the insured gets 110% or 125% of the premium (110% of the single premium is paid for a five-year coverage term and 125% of the single premium is paid for a 10-year coverage term).
MicroEnsure provides insurance to the mass market with more than 15 million customers in 17 markets across
Browse Related Reports:
- Global Micro-Insurance Market 2016-2020
- Life Insurance Market in
- Global Insurance Brokerage Market 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact email@example.com with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.
US: +1 630 333 9501