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Research Report on digital upgrading of China’s insurance industry in 2021 From IResearch consulting

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The following is the Research Report on digital upgrading of China’s insurance industry in 2021 From IResearch consulting recommended by recordtrend.com. And this article belongs to the classification: research report, IResearch consulting.

Insurance companies, driven by the digitalization of various types of digital systems based on the traditional core system, and the application of “Internet plus” and advanced technology, are gradually moving towards digital upgrading. The business division of insurance digital upgrade follows two characteristics: one is the business system and service architecture for Internet channel and mobile trend; the other is the upgrade of traditional business process based on new generation information technology.

Therefore, the insurance digital upgrade service covers the whole business process of the insurance industry from the front end to the back end, including mobile exhibition industry, digital marketing, insurance digital platform, Internet core system, etc. In 2019, the scale of insurance digital upgrade service market is about 2.14 billion yuan, accounting for 27.2% of the total insurance it solution market. However, with the continuous outbreak of digital upgrade demand of insurance companies, the market scale is expected to exceed 9 billion yuan in 2024, accounting for 43.3% of the total insurance it solution market.

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