Overview

Multiple growth opportunities characterize the online insurance market. This sector’s growth is driven by the introduction of new insurance products focused on online customers by insurance companies aiming to explore the possibility of innovative technologies. The last few years have seen exponential growth in this segment with multiple aggregators in the market. Increased internet proliferation and low insured rates in emerging geographies would be the reason for continued growth for web aggregators in the coming years.

However, at the same time, increasing competition from other aggregators and insurers selling online has seen tremendous cost pressures and a need to differentiate. Increasing regulatory and compliance requirements have also put additional pressure on web aggregators. Aiwozo helps bring new technologies to web aggregators to help them stay ahead of this fast-paced industry segment.

Features and Benefits