The B2B2C Insurance Market report, at first, has given a brief understanding of the industry through basic overview. This overview includes the market definition, key applications of the product, and the recent manufacturing technology employed for such production. The global B2B2C Insurance market has been analyzed in detail to gain an understanding of the competitive landscape, key regional status, and recent trends noted in the relevant industry.
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B2B2C insurance is defined as selling of life insurance as well as non-life insurance products and services via non-insurance mediators other than conventional insurance intermediaries like independent financial advisories, agents, brokers as well as includes the direct selling of insurance products to consumers.
Increase in consumer awareness about latent demand for insurance is considered as the key driving factor which is expected to boost the global B2B2C insurance market growth. Furthermore, rise in insurance companies across the globe will positively contribute the market growth during this forecast period. Moreover, increase in adoption of insurance subscriptions among end users as well as high penetration of insurance in emerging countries which are expected to propel the global B2B2C insurance market growth in near future. In addition to that, increase in sale of B2B2C insurance through banks, agencies, auto distributors, service providers, telecom firms, and other digital participants is expected to fuel the market growth.
However, increase in competition among key players is the major restraining factor which is expected to hinder the global B2B2C insurance market growth. Also, various strict rules and regulations will affect the market growth during this forecast period.
Market Key Players
Various key players are discussed in this report such as Zurich Insurance Group, AXA, China Life Insurance, Prudential plc, Berkshire Hathaway, UnitedHealth Group, Assicurazioni Generali S.p.A, Munich Re Group, Allianz SE, and Japan Post Holding Co., Ltd.
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By Insurance Type
- Life Insurance
- Non-Life Insurance
By Distribution Channel
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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