Press release
The Singapore Online Insurance Market is expected witness a steady growth in the next few years, owing to the implementation of technology enabled services: Ken Research
1. Singapore Insurance Market is highly fragmented with the top nine players contributing to a major share of market
For more information, request a free samplehttps://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTM4
The Industry is in a growing stage with the market being highly fragmented. The competition parameters for the market are:
Product Portfolio
Number of Policy Holders
Target for Tele Sales representatives
Premium collected from Policyholders
2. The target population in the Singapore Online Insurance Market can be segmented by age, gender, income of the insured & type of insurance
Visit this Link Request for custom reporthttps://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MTM4
Target Population by type of Insurance: Insurers can target health & life insurance policies. Demand in Life Insurance owing to the pandemic is expected in medium term. Moreover, a short term demand in travel insurance due to the reduction of travel restrictions in Singapore is also expected.
Target Population by income of Insured: Households with SGD 40k below are expected to take more insurance policies.
3. The Singapore Online Insurance Market is expected to grow by CAGR of 9.6% between 2021 & 2026F, owing to the implementation of technology enabled services
To more about industry trends, Request a free Expert callhttps://www.kenresearch.com/talk-to-expert.php
Technology enabled services led by the insurtech innovation will thrive in Singapore. Singapore has one of Asia's largest concentration of ~80 Insurtech start-ups in 2021.
An increase in the future motor insurance product offering due to increasing EV vehicles is anticipated owing to Singapore Green Plan 2030
For More Information on the Research Report, refer to below links: -
https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/singapore-online-insurance-market-outlook-to-2026/596138-93.html
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
For more information, request a free samplehttps://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTM4
The Industry is in a growing stage with the market being highly fragmented. The competition parameters for the market are:
Product Portfolio
Number of Policy Holders
Target for Tele Sales representatives
Premium collected from Policyholders
2. The target population in the Singapore Online Insurance Market can be segmented by age, gender, income of the insured & type of insurance
Visit this Link Request for custom reporthttps://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MTM4
Target Population by type of Insurance: Insurers can target health & life insurance policies. Demand in Life Insurance owing to the pandemic is expected in medium term. Moreover, a short term demand in travel insurance due to the reduction of travel restrictions in Singapore is also expected.
Target Population by income of Insured: Households with SGD 40k below are expected to take more insurance policies.
3. The Singapore Online Insurance Market is expected to grow by CAGR of 9.6% between 2021 & 2026F, owing to the implementation of technology enabled services
To more about industry trends, Request a free Expert callhttps://www.kenresearch.com/talk-to-expert.php
Technology enabled services led by the insurtech innovation will thrive in Singapore. Singapore has one of Asia's largest concentration of ~80 Insurtech start-ups in 2021.
An increase in the future motor insurance product offering due to increasing EV vehicles is anticipated owing to Singapore Green Plan 2030
For More Information on the Research Report, refer to below links: -
https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/singapore-online-insurance-market-outlook-to-2026/596138-93.html
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
