AI in Auto Insurance Market 2027 by Offerings, Application and Geography | The Insight Partners

AI in Auto Insurance Market to 2027 - Global Analysis and Forecasts by Offerings (Usage Based Insurance, On-Demand Insurance, Peer-to-peer Insurance); Application (Claims Assessment, Chatbots, Policy Pricing) and Geography

Report Code: TIPRE00006900 | No. of Pages: 150 | Category: Automotive and Transportation | Status: Upcoming
MARKET INTRODUCTION

With the increasing adoption of AI in most of the industries, AI has significantly found its way in the automotive sector. AI enables car insurance companies to efficiently offer services to its customers that are looking for faster payouts, faster services, and customized policy prices. The AI in auto insurance market enables the insurance companies to reach out to its customers at the right time, offers the right set of products, and faster the claim process.

MARKET DYNAMICS

The wide adoption of AI in insurance sector and an increasing number of auto insurance claim is driving the AI in auto insurance market. The features such as the uninterrupted flow of business information, automated claim support, advanced underwriting, interactive power of insurance chatbots, predictive analytics, and others are creating a significant demand for AI in auto insurance market.

MARKET SCOPE


The "Global AI in Auto Insurance Market to 2027" is a specialized and in-depth study of the industry with a special focus on the global market trend analysis. The report aims to provide an overview of AI in Auto Insurance market with detailed market segmentation by offerings, application, and geography. The global AI in Auto Insurance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AI in Auto Insurance market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global AI in Auto Insurance market is segmented based on offerings and applications. By offerings, the AI in Auto Insurance market is segmented into usage based insurance, on-demand insurance, peer-to-peer insurance. On the basis of application, the AI in Auto Insurance market is bifurcated into claims assessment, chatbots, and policy pricing.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global AI in Auto Insurance market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The AI in Auto Insurance market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the AI in Auto Insurance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the AI in Auto Insurance market in these regions.

MARKET PLAYERS


The reports cover key developments in the AI in Auto Insurance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from AI in Auto Insurance market are anticipated to lucrative growth opportunities in the future with the rising demand for AI in Auto Insurance market in the global market. Below mentioned is the list of few companies engaged in the AI in Auto Insurance market.

The report also includes the profiles of key AI in Auto Insurance market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

  •  ANT FINANCIAL SERVICES GROUP
  •  CCC INFORMATION SERVICES INC.
  •  CLAIM GENIUS
  •  CLEARCOVER, INC.
  •  GEICO CORPORATION
  •  ICICI LOMBARD
  •  MICROSOFT CORPORATION
  •  NAUTO
  •  PROGRESSIVE CASUALTY INSURANCE COMPANY
  •  SOLARIA LABS
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 AI In Auto Insurance Market - By Offerings
1.3.2 AI In Auto Insurance Market - By Application
1.3.3 AI In Auto Insurance Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AI IN AUTO INSURANCE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. AI IN AUTO INSURANCE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. AI IN AUTO INSURANCE MARKET - GLOBAL MARKET ANALYSIS
6.1. AI IN AUTO INSURANCE - GLOBAL MARKET OVERVIEW
6.2. AI IN AUTO INSURANCE - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. AI IN AUTO INSURANCE MARKET - REVENUE AND FORECASTS TO 2027 - OFFERINGS
7.1. OVERVIEW
7.2. OFFERINGS MARKET FORECASTS AND ANALYSIS
7.3. USAGE BASED INSURANCE
7.3.1. Overview
7.3.2. Usage Based Insurance Market Forecast and Analysis
7.4. ON-DEMAND INSURANCE
7.4.1. Overview
7.4.2. On-Demand Insurance Market Forecast and Analysis
7.5. PEER-TO-PEER INSURANCE
7.5.1. Overview
7.5.2. Peer-to-peer Insurance Market Forecast and Analysis

8. AI IN AUTO INSURANCE MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION

8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CLAIMS ASSESSMENT
8.3.1. Overview
8.3.2. Claims Assessment Market Forecast and Analysis
8.4. CHATBOTS
8.4.1. Overview
8.4.2. Chatbots Market Forecast and Analysis
8.5. POLICY PRICING
8.5.1. Overview
8.5.2. Policy Pricing Market Forecast and Analysis

9. AI IN AUTO INSURANCE MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America AI In Auto Insurance Market Overview
9.1.2 North America AI In Auto Insurance Market Forecasts and Analysis
9.1.3 North America AI In Auto Insurance Market Forecasts and Analysis - By Offerings
9.1.4 North America AI In Auto Insurance Market Forecasts and Analysis - By Application
9.1.5 North America AI In Auto Insurance Market Forecasts and Analysis - By Countries
9.1.5.1 United States AI In Auto Insurance Market
9.1.5.1.1 United States AI In Auto Insurance Market by Offerings
9.1.5.1.2 United States AI In Auto Insurance Market by Application
9.1.5.2 Canada AI In Auto Insurance Market
9.1.5.2.1 Canada AI In Auto Insurance Market by Offerings
9.1.5.2.2 Canada AI In Auto Insurance Market by Application
9.1.5.3 Mexico AI In Auto Insurance Market
9.1.5.3.1 Mexico AI In Auto Insurance Market by Offerings
9.1.5.3.2 Mexico AI In Auto Insurance Market by Application
9.2. EUROPE
9.2.1 Europe AI In Auto Insurance Market Overview
9.2.2 Europe AI In Auto Insurance Market Forecasts and Analysis
9.2.3 Europe AI In Auto Insurance Market Forecasts and Analysis - By Offerings
9.2.4 Europe AI In Auto Insurance Market Forecasts and Analysis - By Application
9.2.5 Europe AI In Auto Insurance Market Forecasts and Analysis - By Countries
9.2.5.1 Germany AI In Auto Insurance Market
9.2.5.1.1 Germany AI In Auto Insurance Market by Offerings
9.2.5.1.2 Germany AI In Auto Insurance Market by Application
9.2.5.2 France AI In Auto Insurance Market
9.2.5.2.1 France AI In Auto Insurance Market by Offerings
9.2.5.2.2 France AI In Auto Insurance Market by Application
9.2.5.3 Italy AI In Auto Insurance Market
9.2.5.3.1 Italy AI In Auto Insurance Market by Offerings
9.2.5.3.2 Italy AI In Auto Insurance Market by Application
9.2.5.4 United Kingdom AI In Auto Insurance Market
9.2.5.4.1 United Kingdom AI In Auto Insurance Market by Offerings
9.2.5.4.2 United Kingdom AI In Auto Insurance Market by Application
9.2.5.5 Russia AI In Auto Insurance Market
9.2.5.5.1 Russia AI In Auto Insurance Market by Offerings
9.2.5.5.2 Russia AI In Auto Insurance Market by Application
9.2.5.6 Rest of Europe AI In Auto Insurance Market
9.2.5.6.1 Rest of Europe AI In Auto Insurance Market by Offerings
9.2.5.6.2 Rest of Europe AI In Auto Insurance Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific AI In Auto Insurance Market Overview
9.3.2 Asia-Pacific AI In Auto Insurance Market Forecasts and Analysis
9.3.3 Asia-Pacific AI In Auto Insurance Market Forecasts and Analysis - By Offerings
9.3.4 Asia-Pacific AI In Auto Insurance Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific AI In Auto Insurance Market Forecasts and Analysis - By Countries
9.3.5.1 Australia AI In Auto Insurance Market
9.3.5.1.1 Australia AI In Auto Insurance Market by Offerings
9.3.5.1.2 Australia AI In Auto Insurance Market by Application
9.3.5.2 China AI In Auto Insurance Market
9.3.5.2.1 China AI In Auto Insurance Market by Offerings
9.3.5.2.2 China AI In Auto Insurance Market by Application
9.3.5.3 India AI In Auto Insurance Market
9.3.5.3.1 India AI In Auto Insurance Market by Offerings
9.3.5.3.2 India AI In Auto Insurance Market by Application
9.3.5.4 Japan AI In Auto Insurance Market
9.3.5.4.1 Japan AI In Auto Insurance Market by Offerings
9.3.5.4.2 Japan AI In Auto Insurance Market by Application
9.3.5.5 South Korea AI In Auto Insurance Market
9.3.5.5.1 South Korea AI In Auto Insurance Market by Offerings
9.3.5.5.2 South Korea AI In Auto Insurance Market by Application
9.3.5.6 Rest of Asia-Pacific AI In Auto Insurance Market
9.3.5.6.1 Rest of Asia-Pacific AI In Auto Insurance Market by Offerings
9.3.5.6.2 Rest of Asia-Pacific AI In Auto Insurance Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa AI In Auto Insurance Market Overview
9.4.2 Middle East and Africa AI In Auto Insurance Market Forecasts and Analysis
9.4.3 Middle East and Africa AI In Auto Insurance Market Forecasts and Analysis - By Offerings
9.4.4 Middle East and Africa AI In Auto Insurance Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa AI In Auto Insurance Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa AI In Auto Insurance Market
9.4.5.1.1 South Africa AI In Auto Insurance Market by Offerings
9.4.5.1.2 South Africa AI In Auto Insurance Market by Application
9.4.5.2 Saudi Arabia AI In Auto Insurance Market
9.4.5.2.1 Saudi Arabia AI In Auto Insurance Market by Offerings
9.4.5.2.2 Saudi Arabia AI In Auto Insurance Market by Application
9.4.5.3 U.A.E AI In Auto Insurance Market
9.4.5.3.1 U.A.E AI In Auto Insurance Market by Offerings
9.4.5.3.2 U.A.E AI In Auto Insurance Market by Application
9.4.5.4 Rest of Middle East and Africa AI In Auto Insurance Market
9.4.5.4.1 Rest of Middle East and Africa AI In Auto Insurance Market by Offerings
9.4.5.4.2 Rest of Middle East and Africa AI In Auto Insurance Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America AI In Auto Insurance Market Overview
9.5.2 South and Central America AI In Auto Insurance Market Forecasts and Analysis
9.5.3 South and Central America AI In Auto Insurance Market Forecasts and Analysis - By Offerings
9.5.4 South and Central America AI In Auto Insurance Market Forecasts and Analysis - By Application
9.5.5 South and Central America AI In Auto Insurance Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil AI In Auto Insurance Market
9.5.5.1.1 Brazil AI In Auto Insurance Market by Offerings
9.5.5.1.2 Brazil AI In Auto Insurance Market by Application
9.5.5.2 Argentina AI In Auto Insurance Market
9.5.5.2.1 Argentina AI In Auto Insurance Market by Offerings
9.5.5.2.2 Argentina AI In Auto Insurance Market by Application
9.5.5.3 Rest of South and Central America AI In Auto Insurance Market
9.5.5.3.1 Rest of South and Central America AI In Auto Insurance Market by Offerings
9.5.5.3.2 Rest of South and Central America AI In Auto Insurance Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. AI IN AUTO INSURANCE MARKET, KEY COMPANY PROFILES
11.1. ANT FINANCIAL SERVICES GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CCC INFORMATION SERVICES INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CLAIM GENIUS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CLEARCOVER, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GEICO CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ICICI LOMBARD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MICROSOFT CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NAUTO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PROGRESSIVE CASUALTY INSURANCE COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SOLARIA LABS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Ant Financial Services Group
2.CCC Information Services Inc.
3.Claim Genius
4.Clearcover, Inc.
5.GEICO Corporation
6.ICICI Lombard
7.Microsoft Corporation
8.Nauto
9.Progressive Casualty Insurance Company
10.Solaria Labs