In this report, an important growth driver for this market is the cost reducing and time saving for insurance agencies, which insurance agents to adopt Insurance Rating Software. The Insurance Rating Software sales will reach about 368 Million USD in 2017 from 210 Million USD in 2012 all around the world, with the CAGR of 11.86%.
This report studies the insurance rating software (also called insurance quoting software) market, the software is a type of application software as comparative rater used for insurance process. The users can be insurance agency, individual, insurance companies, etc.
The classification of Insurance Rating Software includes Cloud-Based and On-Premise, and the revenue proportion of Cloud-Based in 2016 was about 65.1%.
Insurance Rating Software can be used for Automobile, Home, Motorcycle and Other. The most proportion of Insurance Rating Software was Automobile, and the sales proportion was about 57.3% in 2016.
USA is the largest consumption countries of Insurance Rating Software in the world in the past few years and it will keep increasing in the next few years. USA market took up about 58.6% the global market in 2016, while Europe was about 12.4%, and Oceania is followed with the share about 6.5%.
USA, Canada, China, UK and New Zealand are now the key developers of Insurance Rating Software.
Vertafore, Applied Systems, EZLynx, ACS, ITC, HawkSoft, QQ Solutions, Sapiens/Maximum Processing, Agency Matrix, Buckhill, InsuredHQ and Zhilian Software are the key suppliers in the global Insurance Rating Software market. Top 10 took up about 48% of the global market in 2016. Vertafore, Applied Systems, EZLynx, ACS, ITC, HawkSoft, QQ Solutions and Sapiens/Maximum Processing, which have leading technology and market position, are well-known suppliers around the world.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Insurance Rating Software for these regions, from 2014 to 2026 (forecast), covering
Global Insurance Rating Software market competition by top manufacturers/players, with Insurance Rating Software sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Insurance Rating Software for each application, including
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