Market Share of Asia-Pacific InsurTech Industry
More than 330 insurtech companies are operating in the Asia-Pacific region. According to S&P Global Market Intelligence, China and India collectively have nearly half of the private insurtech companies in the Asia-Pacific region and have attracted about 78% of venture capital investment in the region. With 66 insurance companies, India has become the second-largest insurance market in the region. The major players in the region include ZhongAn Insurance, SingLife, CXA Group, CoverFox Insurance, and PolicyPal.
APAC Insurtech Market Leaders
ZhongAn Insurance
SIngLife
CXA Group
CoverFox Insurance
PolicyPal
*Disclaimer: Major Players sorted in no particular order