P&C Core Platform Market, Global Outlook and Forecast 2023-2029

Report ID: MMG235386 | Category: Service & Software | Pages: 63 | Format: PDF | Published Date: September 16,2023

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Report Summary

This market provides a lens into the North American market for P&C core platforms aimed at Tier 1, Tier 2 and midsize Tier 3 P&C insurers. These insurers have at least $50 million or more in direct written premium (DWP) or the equivalent.Gartner defines the North American P&C core platform market as composed of offerings that are aligned with the digital business technology platform. These core platforms include elements such as: • Core systems, including core modules for: o Policy management o Billing management o Claims management • Data repository • Reporting and analytics • Portals and apps • Integration accelerators
This report aims to provide a comprehensive presentation of the global market for P&C Core Platform, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding P&C Core Platform. This report contains market size and forecasts of P&C Core Platform in global, including the following market information:
Global P&C Core Platform Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global P&C Core Platform market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cloud-Based Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of P&C Core Platform include Sapiens, Majesco, BriteCore, Insurity, Insuresoft, EIS Group, Guidewire, Tia Technology and Duck Creek, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the P&C Core Platform companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global P&C Core Platform Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global P&C Core Platform Market Segment Percentages, by Type, 2022 (%)
    Cloud-Based
    On-Premises
Global P&C Core Platform Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global P&C Core Platform Market Segment Percentages, by Application, 2022 (%)
    Large Enterprises (1000+Users)
    Medium-Sized Enterprise (499-1000 Users)
    Small Enterprises (1-499Users)
Global P&C Core Platform Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global P&C Core Platform Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies P&C Core Platform revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies P&C Core Platform revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Sapiens
    Majesco
    BriteCore
    Insurity
    Insuresoft
    EIS Group
    Guidewire
    Tia Technology
    Duck Creek
    SAP
Outline of Major Chapters:
Chapter 1: Introduces the definition of P&C Core Platform, market overview.
Chapter 2: Global P&C Core Platform market size in revenue.
Chapter 3: Detailed analysis of P&C Core Platform company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of P&C Core Platform in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 P&C Core Platform Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global P&C Core Platform Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global P&C Core Platform Overall Market Size
    2.1 Global P&C Core Platform Market Size: 2022 VS 2029
    2.2 Global P&C Core Platform Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top P&C Core Platform Players in Global Market
    3.2 Top Global P&C Core Platform Companies Ranked by Revenue
    3.3 Global P&C Core Platform Revenue by Companies
    3.4 Top 3 and Top 5 P&C Core Platform Companies in Global Market, by Revenue in 2022
    3.5 Global Companies P&C Core Platform Product Type
    3.6 Tier 1, Tier 2 and Tier 3 P&C Core Platform Players in Global Market
        3.6.1 List of Global Tier 1 P&C Core Platform Companies
        3.6.2 List of Global Tier 2 and Tier 3 P&C Core Platform Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global P&C Core Platform Market Size Markets, 2022 & 2029
        4.1.2 Cloud-Based
        4.1.3 On-Premises
    4.2 By Type - Global P&C Core Platform Revenue & Forecasts
        4.2.1 By Type - Global P&C Core Platform Revenue, 2018-2023
        4.2.2 By Type - Global P&C Core Platform Revenue, 2024-2029
        4.2.3 By Type - Global P&C Core Platform Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global P&C Core Platform Market Size, 2022 & 2029
        5.1.2 Large Enterprises (1000+Users)
        5.1.3 Medium-Sized Enterprise (499-1000 Users)
        5.1.4 Small Enterprises (1-499Users)
    5.2 By Application - Global P&C Core Platform Revenue & Forecasts
        5.2.1 By Application - Global P&C Core Platform Revenue, 2018-2023
        5.2.2 By Application - Global P&C Core Platform Revenue, 2024-2029
        5.2.3 By Application - Global P&C Core Platform Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global P&C Core Platform Market Size, 2022 & 2029
    6.2 By Region - Global P&C Core Platform Revenue & Forecasts
        6.2.1 By Region - Global P&C Core Platform Revenue, 2018-2023
        6.2.2 By Region - Global P&C Core Platform Revenue, 2024-2029
        6.2.3 By Region - Global P&C Core Platform Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America P&C Core Platform Revenue, 2018-2029
        6.3.2 US P&C Core Platform Market Size, 2018-2029
        6.3.3 Canada P&C Core Platform Market Size, 2018-2029
        6.3.4 Mexico P&C Core Platform Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe P&C Core Platform Revenue, 2018-2029
        6.4.2 Germany P&C Core Platform Market Size, 2018-2029
        6.4.3 France P&C Core Platform Market Size, 2018-2029
        6.4.4 U.K. P&C Core Platform Market Size, 2018-2029
        6.4.5 Italy P&C Core Platform Market Size, 2018-2029
        6.4.6 Russia P&C Core Platform Market Size, 2018-2029
        6.4.7 Nordic Countries P&C Core Platform Market Size, 2018-2029
        6.4.8 Benelux P&C Core Platform Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia P&C Core Platform Revenue, 2018-2029
        6.5.2 China P&C Core Platform Market Size, 2018-2029
        6.5.3 Japan P&C Core Platform Market Size, 2018-2029
        6.5.4 South Korea P&C Core Platform Market Size, 2018-2029
        6.5.5 Southeast Asia P&C Core Platform Market Size, 2018-2029
        6.5.6 India P&C Core Platform Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America P&C Core Platform Revenue, 2018-2029
        6.6.2 Brazil P&C Core Platform Market Size, 2018-2029
        6.6.3 Argentina P&C Core Platform Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa P&C Core Platform Revenue, 2018-2029
        6.7.2 Turkey P&C Core Platform Market Size, 2018-2029
        6.7.3 Israel P&C Core Platform Market Size, 2018-2029
        6.7.4 Saudi Arabia P&C Core Platform Market Size, 2018-2029
        6.7.5 UAE P&C Core Platform Market Size, 2018-2029
7 P&C Core Platform Companies Profiles
    7.1 Sapiens
        7.1.1 Sapiens Company Summary
        7.1.2 Sapiens Business Overview
        7.1.3 Sapiens P&C Core Platform Major Product Offerings
        7.1.4 Sapiens P&C Core Platform Revenue in Global Market (2018-2023)
        7.1.5 Sapiens Key News & Latest Developments
    7.2 Majesco
        7.2.1 Majesco Company Summary
        7.2.2 Majesco Business Overview
        7.2.3 Majesco P&C Core Platform Major Product Offerings
        7.2.4 Majesco P&C Core Platform Revenue in Global Market (2018-2023)
        7.2.5 Majesco Key News & Latest Developments
    7.3 BriteCore
        7.3.1 BriteCore Company Summary
        7.3.2 BriteCore Business Overview
        7.3.3 BriteCore P&C Core Platform Major Product Offerings
        7.3.4 BriteCore P&C Core Platform Revenue in Global Market (2018-2023)
        7.3.5 BriteCore Key News & Latest Developments
    7.4 Insurity
        7.4.1 Insurity Company Summary
        7.4.2 Insurity Business Overview
        7.4.3 Insurity P&C Core Platform Major Product Offerings
        7.4.4 Insurity P&C Core Platform Revenue in Global Market (2018-2023)
        7.4.5 Insurity Key News & Latest Developments
    7.5 Insuresoft
        7.5.1 Insuresoft Company Summary
        7.5.2 Insuresoft Business Overview
        7.5.3 Insuresoft P&C Core Platform Major Product Offerings
        7.5.4 Insuresoft P&C Core Platform Revenue in Global Market (2018-2023)
        7.5.5 Insuresoft Key News & Latest Developments
    7.6 EIS Group
        7.6.1 EIS Group Company Summary
        7.6.2 EIS Group Business Overview
        7.6.3 EIS Group P&C Core Platform Major Product Offerings
        7.6.4 EIS Group P&C Core Platform Revenue in Global Market (2018-2023)
        7.6.5 EIS Group Key News & Latest Developments
    7.7 Guidewire
        7.7.1 Guidewire Company Summary
        7.7.2 Guidewire Business Overview
        7.7.3 Guidewire P&C Core Platform Major Product Offerings
        7.7.4 Guidewire P&C Core Platform Revenue in Global Market (2018-2023)
        7.7.5 Guidewire Key News & Latest Developments
    7.8 Tia Technology
        7.8.1 Tia Technology Company Summary
        7.8.2 Tia Technology Business Overview
        7.8.3 Tia Technology P&C Core Platform Major Product Offerings
        7.8.4 Tia Technology P&C Core Platform Revenue in Global Market (2018-2023)
        7.8.5 Tia Technology Key News & Latest Developments
    7.9 Duck Creek
        7.9.1 Duck Creek Company Summary
        7.9.2 Duck Creek Business Overview
        7.9.3 Duck Creek P&C Core Platform Major Product Offerings
        7.9.4 Duck Creek P&C Core Platform Revenue in Global Market (2018-2023)
        7.9.5 Duck Creek Key News & Latest Developments
    7.10 SAP
        7.10.1 SAP Company Summary
        7.10.2 SAP Business Overview
        7.10.3 SAP P&C Core Platform Major Product Offerings
        7.10.4 SAP P&C Core Platform Revenue in Global Market (2018-2023)
        7.10.5 SAP Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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P&C Core Platform Market, Global Outlook and Forecast 2023-2029

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