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Insurtech Market Growth Gains Momentum From Smartphone-Based Insurance Models
The insurtech market is expanding as insurance companies increasingly adopt digital technologies to improve operational efficiency, customer experiences, claims handling, underwriting, and insurance delivery. The market was valued at USD 5.4 billion in 2022 and is estimated to reach USD 25.9 billion in 2026, before growing to USD 152.4 billion by 2030 at a 52.7% CAGR from 2023 to 2030. Rising...
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