What is Life Insurance Rating SystemsMarket?
Life Insurance Rating Systems software aids in the management of insurance agencies. These systems combine CRM and marketing automation software to assist agents in bettering their interactions with customers, clients, and prospects. These systems also contain back-office functionality like automated processes and commission processing to make agent job easier. This solutions can be implemented or deployed across all the domains or branches of insurance agency. It can be used as a stand-alone solution or as the foundation for a comprehensive insurance suite. North America is currently, the largest market of the Life Insurance Rating systems.
Market Drivers
Increasing Adoption of Digital Tools for Financial Applications and Rising Penetration of Insurance Companies especially in Tier 2 and Tier 3 Cities
Opportunities
Cloud Based Solutions will Rise in Popularity
The Players Covered in the Study are:
Vertafore, Inc. (United States), HawkSoft (United States), Applied Systems, Inc. (United States), Sapiens International (Israel), Agency Matrix (United States), InsuredHQ (New Zealand), Buckhill Ltd. (United Kingdom), Insurance Technologies Corporation (United States), EZLynx (United States) and AgencyBloc, Inc. (United States)
Available Customization:
List of players that can be included in the study on immediate basis are Zywave, Inc. (United States), XDimensional Technologies (United States) and Nest Innovative Solutions Private Limited (India).