Global P and C Insurance Software Market

Global P and C Insurance Software Market

• The Global P and C Insurance Software Market Size is Expected to Grow from 14.73 Billion in 2023 to USD 26.76 Billion by 2033, at a CAGR of 6.15% during the forecast period 2023-2033.
• The market for property and casualty (P&C) insurance software is essential to increasing the effectiveness of insurance companies and simplifying their operations.
• With the use of this software, insurers may automate procedures including policy administration, billing, underwriting, and claims management.
• Technological developments, the growing use of digitalization, and the growing desire from consumers for personalized insurance products have all contributed to the recent notable expansion of the global industry.

Major vendors in the p and c insurance software market are

Salesforce, Microsoft, Guidewire, Roper Technologies, SAP, Google, Insurity, Applied Systems, Duck Creek Technologies, Sapiens, and others.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the p and c insurance software market based on the below-mentioned segments:

Global P and C Insurance Software Market, By Type of Insurance Product

• Property Insurance
• Casualty Insurance

Global P and C Insurance Software Market, By Deployment Model

• On-Premises
• Cloud-Based

Global P and C Insurance Software Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa