Global Insurance Business Process Services Market

Insurance Business Process Services Comprehensive Study by Service Provider (Finance & Accounting Service, Customer Care Services, Underwriting Services, Human Resource Outsourcing Services, IT Service), Insurance (Life & Annuity, Property & Casualty Insurance) Players and Region - Global Market Outlook to 2030

Insurance Business Process Services Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 4.7%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Global Insurance Business Process Services Market Overview:
Insurance Business Process capacity contracting positive commercial enterprise features to specialised outsourcing carrier providers. It is a treasured and workable choice for businesses that locate it hard to manipulate an in-house branch or employ skilled staff. Insurance BPO are now not restrained to statistics entry but covers all back-office help offerings which includes coverage management, fee management, claims processing, new commercial enterprise service, insurance plan corporation management, accounting services, felony provider to the insurance plan business, and different customized back-office services. Insurance institute requires indefinite insurance plan lower back offerings to correctly manipulate their core commercial enterprise features in order to acquire their commercial enterprise targets. As per latest study released by AMA Research, the Global Insurance Business Process Services market is expected to see growth rate of 4.7%

AttributesDetails
Study Period2018-2030
Base Year2023
Forecast Period2024-2030
Historical Period2018-2023
UnitValue (USD Million)
Customization ScopeAvail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility


Influencing Trend:
Growing Number of Contracts

Market Growth Drivers:
Rising Digitalization and Increasing Growth in the Insurance Industry

Challenges:
Higher Costs are involved in Outsourcing and Process Integration Difficulties

Restraints:
Data Security and Privacy Concerns

Opportunities:
Increasing Investments in R&D Activities, Rising Technological Advancements and Growing Demand for Insurance Bpo in Developing Countries

Competitive Landscape:
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies.
Some of the key players profiled in the report are WNS (India), DXC Technology (United States), Infosys (India), Wipro (India), Cognizant (United States), Mphasis (India), Syntel (United States), Cogneesol (United States), Dell (United States) and HCL (India). Additionally, following companies can also be profiled that are part of our coverage like Genpact (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Insurance Business Process Services market by 2030. Considering Market by Service Provider, the sub-segment i.e. Finance & Accounting Service will boost the Insurance Business Process Services market. Considering Market by Insurance, the sub-segment i.e. Life & Annuity will boost the Insurance Business Process Services market.

Latest Market Insights:
February 2023 - Tata Consultancy Services (TCS) expanded its partnership with Phoenix Group ReAssure's operations will undergo a transition as a result of the expanded relationship, with the heritage business being consolidated onto the same digital platform, TCS BaNCSTM, which is based in the future and is used to manage Phoenix Group's other books of business.

In 2022, Infosys Finacle, phase of EdgeVerve Systems, a wholly-owned subsidiary of Infosys and Union Bank of India, a main public region financial institution in India, introduced the availability of its banking offerings on WhatsApp following the profitable implementation of Finacle Conversational Banking, Finacle Remote Banker, and Finacle Mobile Teller solutions. The new carrier from the bank, referred to as Union Virtual Connect (UVConn), will provide its retail clients personalized, day by day banking services, at their desired time, place, and in seven languages initially.

What Can be Explored with the Insurance Business Process Services Market Study
 Gain Market Understanding
 Identify Growth Opportunities
 Analyze and Measure the Global Insurance Business Process Services Market by Identifying Investment across various Industry Verticals
 Understand the Trends that will drive Future Changes in Insurance Business Process Services
 Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Insurance Business Process Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Insurance Business Process Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Insurance Business Process Service Provider.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

Report Objectives / Segmentation Covered

By Service Provider
  • Finance & Accounting Service
  • Customer Care Services
  • Underwriting Services
  • Human Resource Outsourcing Services
  • IT Service

By Insurance
  • Life & Annuity
  • Property & Casualty Insurance

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Rising Digitalization
      • 3.2.2. Increasing Growth in the Insurance Industry
    • 3.3. Market Challenges
      • 3.3.1. Higher Costs are involved in Outsourcing
      • 3.3.2. Process Integration Difficulties
    • 3.4. Market Trends
      • 3.4.1. Growing Number of Contracts
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Insurance Business Process Services, by Service Provider, Insurance and Region (value) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Insurance Business Process Services (Value)
      • 5.2.1. Global Insurance Business Process Services by: Service Provider (Value)
        • 5.2.1.1. Finance & Accounting Service
        • 5.2.1.2. Customer Care Services
        • 5.2.1.3. Underwriting Services
        • 5.2.1.4. Human Resource Outsourcing Services
        • 5.2.1.5. IT Service
      • 5.2.2. Global Insurance Business Process Services by: Insurance (Value)
        • 5.2.2.1. Life & Annuity
        • 5.2.2.2. Property & Casualty Insurance
      • 5.2.3. Global Insurance Business Process Services Region
        • 5.2.3.1. South America
          • 5.2.3.1.1. Brazil
          • 5.2.3.1.2. Argentina
          • 5.2.3.1.3. Rest of South America
        • 5.2.3.2. Asia Pacific
          • 5.2.3.2.1. China
          • 5.2.3.2.2. Japan
          • 5.2.3.2.3. India
          • 5.2.3.2.4. South Korea
          • 5.2.3.2.5. Australia
          • 5.2.3.2.6. Rest of Asia-Pacific
        • 5.2.3.3. Europe
          • 5.2.3.3.1. Germany
          • 5.2.3.3.2. France
          • 5.2.3.3.3. Italy
          • 5.2.3.3.4. United Kingdom
          • 5.2.3.3.5. Netherlands
          • 5.2.3.3.6. Rest of Europe
        • 5.2.3.4. MEA
          • 5.2.3.4.1. Middle East
          • 5.2.3.4.2. Africa
        • 5.2.3.5. North America
          • 5.2.3.5.1. United States
          • 5.2.3.5.2. Canada
          • 5.2.3.5.3. Mexico
  • 6. Insurance Business Process Services: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. WNS (India)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. DXC Technology (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Infosys (India)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Wipro (India)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Cognizant (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Mphasis (India)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Syntel (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Cogneesol (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Dell (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. HCL (India)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Insurance Business Process Services Sale, by Service Provider, Insurance and Region (value) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Insurance Business Process Services (Value)
      • 7.2.1. Global Insurance Business Process Services by: Service Provider (Value)
        • 7.2.1.1. Finance & Accounting Service
        • 7.2.1.2. Customer Care Services
        • 7.2.1.3. Underwriting Services
        • 7.2.1.4. Human Resource Outsourcing Services
        • 7.2.1.5. IT Service
      • 7.2.2. Global Insurance Business Process Services by: Insurance (Value)
        • 7.2.2.1. Life & Annuity
        • 7.2.2.2. Property & Casualty Insurance
      • 7.2.3. Global Insurance Business Process Services Region
        • 7.2.3.1. South America
          • 7.2.3.1.1. Brazil
          • 7.2.3.1.2. Argentina
          • 7.2.3.1.3. Rest of South America
        • 7.2.3.2. Asia Pacific
          • 7.2.3.2.1. China
          • 7.2.3.2.2. Japan
          • 7.2.3.2.3. India
          • 7.2.3.2.4. South Korea
          • 7.2.3.2.5. Australia
          • 7.2.3.2.6. Rest of Asia-Pacific
        • 7.2.3.3. Europe
          • 7.2.3.3.1. Germany
          • 7.2.3.3.2. France
          • 7.2.3.3.3. Italy
          • 7.2.3.3.4. United Kingdom
          • 7.2.3.3.5. Netherlands
          • 7.2.3.3.6. Rest of Europe
        • 7.2.3.4. MEA
          • 7.2.3.4.1. Middle East
          • 7.2.3.4.2. Africa
        • 7.2.3.5. North America
          • 7.2.3.5.1. United States
          • 7.2.3.5.2. Canada
          • 7.2.3.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Insurance Business Process Services: by Service Provider(USD Million)
  • Table 2. Insurance Business Process Services Finance & Accounting Service , by Region USD Million (2018-2023)
  • Table 3. Insurance Business Process Services Customer Care Services , by Region USD Million (2018-2023)
  • Table 4. Insurance Business Process Services Underwriting Services , by Region USD Million (2018-2023)
  • Table 5. Insurance Business Process Services Human Resource Outsourcing Services , by Region USD Million (2018-2023)
  • Table 6. Insurance Business Process Services IT Service , by Region USD Million (2018-2023)
  • Table 7. Insurance Business Process Services: by Insurance(USD Million)
  • Table 8. Insurance Business Process Services Life & Annuity , by Region USD Million (2018-2023)
  • Table 9. Insurance Business Process Services Property & Casualty Insurance , by Region USD Million (2018-2023)
  • Table 10. South America Insurance Business Process Services, by Country USD Million (2018-2023)
  • Table 11. South America Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 12. South America Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 13. Brazil Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 14. Brazil Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 15. Argentina Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 16. Argentina Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 17. Rest of South America Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 18. Rest of South America Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 19. Asia Pacific Insurance Business Process Services, by Country USD Million (2018-2023)
  • Table 20. Asia Pacific Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 21. Asia Pacific Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 22. China Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 23. China Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 24. Japan Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 25. Japan Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 26. India Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 27. India Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 28. South Korea Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 29. South Korea Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 30. Australia Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 31. Australia Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 32. Rest of Asia-Pacific Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 33. Rest of Asia-Pacific Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 34. Europe Insurance Business Process Services, by Country USD Million (2018-2023)
  • Table 35. Europe Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 36. Europe Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 37. Germany Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 38. Germany Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 39. France Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 40. France Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 41. Italy Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 42. Italy Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 43. United Kingdom Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 44. United Kingdom Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 45. Netherlands Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 46. Netherlands Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 47. Rest of Europe Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 48. Rest of Europe Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 49. MEA Insurance Business Process Services, by Country USD Million (2018-2023)
  • Table 50. MEA Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 51. MEA Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 52. Middle East Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 53. Middle East Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 54. Africa Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 55. Africa Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 56. North America Insurance Business Process Services, by Country USD Million (2018-2023)
  • Table 57. North America Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 58. North America Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 59. United States Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 60. United States Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 61. Canada Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 62. Canada Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 63. Mexico Insurance Business Process Services, by Service Provider USD Million (2018-2023)
  • Table 64. Mexico Insurance Business Process Services, by Insurance USD Million (2018-2023)
  • Table 65. Company Basic Information, Sales Area and Its Competitors
  • Table 66. Company Basic Information, Sales Area and Its Competitors
  • Table 67. Company Basic Information, Sales Area and Its Competitors
  • Table 68. Company Basic Information, Sales Area and Its Competitors
  • Table 69. Company Basic Information, Sales Area and Its Competitors
  • Table 70. Company Basic Information, Sales Area and Its Competitors
  • Table 71. Company Basic Information, Sales Area and Its Competitors
  • Table 72. Company Basic Information, Sales Area and Its Competitors
  • Table 73. Company Basic Information, Sales Area and Its Competitors
  • Table 74. Company Basic Information, Sales Area and Its Competitors
  • Table 75. Insurance Business Process Services: by Service Provider(USD Million)
  • Table 76. Insurance Business Process Services Finance & Accounting Service , by Region USD Million (2025-2030)
  • Table 77. Insurance Business Process Services Customer Care Services , by Region USD Million (2025-2030)
  • Table 78. Insurance Business Process Services Underwriting Services , by Region USD Million (2025-2030)
  • Table 79. Insurance Business Process Services Human Resource Outsourcing Services , by Region USD Million (2025-2030)
  • Table 80. Insurance Business Process Services IT Service , by Region USD Million (2025-2030)
  • Table 81. Insurance Business Process Services: by Insurance(USD Million)
  • Table 82. Insurance Business Process Services Life & Annuity , by Region USD Million (2025-2030)
  • Table 83. Insurance Business Process Services Property & Casualty Insurance , by Region USD Million (2025-2030)
  • Table 84. South America Insurance Business Process Services, by Country USD Million (2025-2030)
  • Table 85. South America Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 86. South America Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 87. Brazil Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 88. Brazil Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 89. Argentina Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 90. Argentina Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 91. Rest of South America Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 92. Rest of South America Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 93. Asia Pacific Insurance Business Process Services, by Country USD Million (2025-2030)
  • Table 94. Asia Pacific Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 95. Asia Pacific Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 96. China Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 97. China Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 98. Japan Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 99. Japan Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 100. India Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 101. India Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 102. South Korea Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 103. South Korea Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 104. Australia Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 105. Australia Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 106. Rest of Asia-Pacific Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 107. Rest of Asia-Pacific Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 108. Europe Insurance Business Process Services, by Country USD Million (2025-2030)
  • Table 109. Europe Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 110. Europe Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 111. Germany Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 112. Germany Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 113. France Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 114. France Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 115. Italy Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 116. Italy Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 117. United Kingdom Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 118. United Kingdom Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 119. Netherlands Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 120. Netherlands Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 121. Rest of Europe Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 122. Rest of Europe Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 123. MEA Insurance Business Process Services, by Country USD Million (2025-2030)
  • Table 124. MEA Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 125. MEA Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 126. Middle East Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 127. Middle East Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 128. Africa Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 129. Africa Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 130. North America Insurance Business Process Services, by Country USD Million (2025-2030)
  • Table 131. North America Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 132. North America Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 133. United States Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 134. United States Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 135. Canada Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 136. Canada Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 137. Mexico Insurance Business Process Services, by Service Provider USD Million (2025-2030)
  • Table 138. Mexico Insurance Business Process Services, by Insurance USD Million (2025-2030)
  • Table 139. Research Programs/Design for This Report
  • Table 140. Key Data Information from Secondary Sources
  • Table 141. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Insurance Business Process Services: by Service Provider USD Million (2018-2023)
  • Figure 5. Global Insurance Business Process Services: by Insurance USD Million (2018-2023)
  • Figure 6. South America Insurance Business Process Services Share (%), by Country
  • Figure 7. Asia Pacific Insurance Business Process Services Share (%), by Country
  • Figure 8. Europe Insurance Business Process Services Share (%), by Country
  • Figure 9. MEA Insurance Business Process Services Share (%), by Country
  • Figure 10. North America Insurance Business Process Services Share (%), by Country
  • Figure 11. Global Insurance Business Process Services share by Players 2023 (%)
  • Figure 12. Global Insurance Business Process Services share by Players (Top 3) 2023(%)
  • Figure 13. Global Insurance Business Process Services share by Players (Top 5) 2023(%)
  • Figure 14. BCG Matrix for key Companies
  • Figure 15. WNS (India) Revenue, Net Income and Gross profit
  • Figure 16. WNS (India) Revenue: by Geography 2023
  • Figure 17. DXC Technology (United States) Revenue, Net Income and Gross profit
  • Figure 18. DXC Technology (United States) Revenue: by Geography 2023
  • Figure 19. Infosys (India) Revenue, Net Income and Gross profit
  • Figure 20. Infosys (India) Revenue: by Geography 2023
  • Figure 21. Wipro (India) Revenue, Net Income and Gross profit
  • Figure 22. Wipro (India) Revenue: by Geography 2023
  • Figure 23. Cognizant (United States) Revenue, Net Income and Gross profit
  • Figure 24. Cognizant (United States) Revenue: by Geography 2023
  • Figure 25. Mphasis (India) Revenue, Net Income and Gross profit
  • Figure 26. Mphasis (India) Revenue: by Geography 2023
  • Figure 27. Syntel (United States) Revenue, Net Income and Gross profit
  • Figure 28. Syntel (United States) Revenue: by Geography 2023
  • Figure 29. Cogneesol (United States) Revenue, Net Income and Gross profit
  • Figure 30. Cogneesol (United States) Revenue: by Geography 2023
  • Figure 31. Dell (United States) Revenue, Net Income and Gross profit
  • Figure 32. Dell (United States) Revenue: by Geography 2023
  • Figure 33. HCL (India) Revenue, Net Income and Gross profit
  • Figure 34. HCL (India) Revenue: by Geography 2023
  • Figure 35. Global Insurance Business Process Services: by Service Provider USD Million (2025-2030)
  • Figure 36. Global Insurance Business Process Services: by Insurance USD Million (2025-2030)
  • Figure 37. South America Insurance Business Process Services Share (%), by Country
  • Figure 38. Asia Pacific Insurance Business Process Services Share (%), by Country
  • Figure 39. Europe Insurance Business Process Services Share (%), by Country
  • Figure 40. MEA Insurance Business Process Services Share (%), by Country
  • Figure 41. North America Insurance Business Process Services Share (%), by Country
List of companies from research coverage that are profiled in the study
  • WNS (India)
  • DXC Technology (United States)
  • Infosys (India)
  • Wipro (India)
  • Cognizant (United States)
  • Mphasis (India)
  • Syntel (United States)
  • Cogneesol (United States)
  • Dell (United States)
  • HCL (India)
Additional players considered in the study are as follows:
Genpact (United States)
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Key Highlights of Report


Mar 2024 212 Pages 52 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Insurance Business Process Services Market Quantitative research analysis
Global Insurance Business Process Services Market Qualitative Industry Analysis
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Top performing companies in the Global Insurance Business Process Services market are WNS (India), DXC Technology (United States), Infosys (India), Wipro (India), Cognizant (United States), Mphasis (India), Syntel (United States), Cogneesol (United States), Dell (United States) and HCL (India), to name a few.
"Growing Number of Contracts" is seen as one of major influencing trends for Insurance Business Process Services Market during projected period 2023-2030.

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