Global P&C Insurance Software Market Insights and Forecast to 2028

P&C Insurance Software Market 

Property and Casualty Insurance (P&C Insurance) software is used by insurance agents and brokers to promote, sell, and administer insurance policies, including features such as claims management, marketing automation, and underwriting management.

The global P&C Insurance Software market size is projected to reach US$ 18680 million by 2028, from US$ 11270 million in 2021, at a CAGR of 7.4% during 2022-2028.

P&C Insurance Software is mainly classified into the following types: Cloud-Based and On-Premise. On-Premise is the most widely used type which takes up about 55.69% of the global market in 2019.

P&C Insurance Software can be used in Claims, Underwriting, Operations and Others. And Operations is the most widely used area which takes up about 65.68% of the global total in 2019.

Willis Tower Watson, Guidewire Software, Quadient, Duck Creek Technologies, Pegasystems, etc. are the key suppliers in the P&C Insurance Software market. Top 5 took up about 7% of the global market in 2019.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global P&C Insurance Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global P&C Insurance Software market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global P&C Insurance Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global P&C Insurance Software market.

P&C Insurance Software market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global P&C Insurance Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Cloud-Based
• On-Premise

By Application

• Claims
• Underwriting
• Operations
• Others

By Companies

• Willis Tower Watson
• Insurance Systems
• PCMS
• ClarionDoor
• Quick Silver Systems
• Pegasystems
• Duck Creek Technologies
• Agency Software
• Sapiens
• InsuredMine
• Quadient
• Guidewire Software
• Zywave

By Region

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA