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
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ZhongAn Insurance
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SIngLife
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CXA Group
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CoverFox Insurance
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PolicyPal
*Disclaimer: Major Players sorted in no particular order