Digital Platforms Help Increase Business in B2B2C Insurance during COVID-19 Crisis

The COVID-19 (coronavirus) crisis has had a significant impact on the B2B2C insurance market. Insurance distribution has taken a hit during the pandemic, especially in the travel and tourism industry, owing to travel restrictions. Moreover, a significant decline in airline traffic has also affected the business of B2B2C insurance. Non-essential retail businesses have caused a major impediment in the growth of the B2B2C insurance market.

Economic shutdowns in the automotive industry has contributed toward disruptions in global trade activities. Due to a drop in car sales, B2B2C insurance distributors have suffered heavy revenue losses. However, insurance providers are predicting a surge in the demand for goods & services in the beginning of 2021. As such, the COVID-19 crisis has accelerated the development of digital insurance platforms, which is a continuing trend.

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Capture New Opportunities by Enhancing Digital Capabilities in B2B2C Insurance

Digital platforms are helping companies in the B2B2C insurance market to gain deep customer understanding. This results in enhancement of customer journey and improves efficiency in partnerships. Companies in the B2B2C insurance market are experimenting with various digital levers such as mobile apps and websites to gain unparalleled insight via digital capabilities.

The market is undergoing a significant change with the integration of insurance propositions into digital customer journeys. There is a need to digitize the sale of insurance products such as extending the warranty and offering mobile phone insurance, since e-Commerce is projected to take off in the upcoming months. The pre-integration of insurance products on e-Commerce platforms and travel sites is anticipated to bolster market growth. Providing telephonic support to non-insurance experts helps to increase distribution of B2B2C insurance.

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AI Improves Data Protection and Lowers Revenue to Cost Expenditure

Traditional B2B2C insurance providers such as banks and car dealers are shifting toward digital platforms to broaden their revenue streams. The burgeoning growth of retail, tourism, and digital lending industries is contributing toward the expansion of the global B2B2C insurance market, which is slated to register a robust CAGR of ~9% during the assessment period. However, companies are facing analytics and data management issues, since their partners are reluctant to share the necessary data with insurance providers. This issue can be resolved with artificial intelligence (AI) and advanced analytics in order to keep business processes transparent.

The AI is being highly publicized to benefit entire customer lifecycle and is contributing toward revenue to cost reduction and fraud management in the B2B2C insurance market.

B2B2C Model Improves Bottom Lines Due to Cost Efficiency in Operations

Automation is expected to play a key role in establishing transparency in B2B2C insurance transactions. Rise of the omnichannel commerce is grabbing the attention of companies in the utilities, materials manufacturing and construction industries. Companies in the B2B2C insurance market should collaborate with technology providers, e-commerce vendors and local suppliers to scale their business activities. As such, there is an apparent demand for distributors and consumers who are acutely familiar with omnichannel models.

The B2B2C insurance market is projected to reach a revenue of US$ 1.5 Trn by the end of 2030, as B2B2C insurance helps to personalize a buyer’s experience. The cost efficiency of the B2B2C model is gaining increased popularity as this model eliminates the need for commission payments and reduces operational costs.

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Analysts’ Viewpoint

Companies in the B2B2C insurance market are reviving their business by increasing focus in digital levers such as e-Commerce and mobile apps during the COVID-19 outbreak. Artificial intelligence and advanced analytics are delivering increased transparency in business activities. The market is progressing at an exponential rate; however, there is a need for distributors and customers who are well-versed with omnichannel platforms. Hence, companies should increase their services via offline and online customer relationship management to broaden their business streams among non-insurance experts. Next-gen commerce clouds and partnership network rewiring are catering to massive additions to bottom lines. Companies should tap into business opportunities in materials manufacturing and utilities industries to bolster market growth.

B2B2C Insurance Market: Overview

  • According to a latest market report published by Transparency Market Research on the B2B2C insurance market for the period 2020–2030 (wherein 2020 - 2030 is the forecast period and 2019 is the base year), rising adoption of insurance by users of a wide range of platforms such as retailers, telecom companies, utility providers, retailers, e-Commerce, and other digital players across the globe is expected to drive the B2B2C insurance market
  • Globally, revenue generated by the B2B2C insurance market accounted for US$ 677.8 Bn in 2019, which is expected to expand at a CAGR of ~9% in terms of value during the forecast period

Growing Income Levels of Users: Key Driver of B2B2C Insurance Market

  • In recent years, increasing urban population and growing disposable income are factors influencing the growth of the B2B2C insurance market. Developing markets are witnessing rapid growth in middle-class population with better spending propensity, expecting value added service, and seamless experiences. Developing countries are gaining demand for insurance product services, which is likely to drive the B2B2C insurance market, as this service is influencing them to opt for better lifestyles and better services.
  • Increasing awareness and dependency of consumers on B2B2C insurance services for overall safety, protection, and reliability is likely to drive the market. In addition, rising retail, e-Commerce, sales, and services through digital platforms is expected to drive the growth of the B2B2C insurance market.

Collaboration with Partners Significant Opportunity for B2B2C Insurance Market

  • In emerging countries such as India, allocation of huge funds by government bodies for financial assistance of consumers in terms of life and non-life insurance-based services is anticipated to create massive opportunities for the B2B2C insurance market in the near future. In addition, prominent players in the B2B2C insurance market have opportunity to target untapped markets and collaborate with businesses related to retail, service, and the financial sector for continuous engagement with their customers and to promote their premium insurance products.

Adoption of Advanced Technology in B2B2C Insurance Industry: Key Trend of Market

  • Emerging digital technology is having a significant impact on the relationship between the insurer, distribution channels, and customers. Increasing popularity of e-Commerce channels has influenced insurers to provide their consumers with e-Commerce solutions in the B2B2C insurance market for value added services, continuous customer engagement, and other online solutions.
  • B2B2C insurance industry such as bancassurance and noninsurance players such as car, consumer electronics, retailers, and other manufacturers, along with leasing companies are selling insurance solutions bundled with their core products, providing additional value to customers
  • Rising impact of 5G and 6G networks across the globe has encouraged insurers to develop smart mobile apps, which help to provide better B2B2C insurance services and coverage plans. In addition, insurers are also focusing on providing customized solutions as per client requirements and are outsourcing solutions from local vendors. In addition, multinational companies are collaborating with local providers for smooth operations and continuous engagement with their customers.

Traditional Insurance Channels to Hamper Growth of Market

  • Insurance distribution and services of traditional models are expected to restrain the growth of the B2B2C insurance market. The major challenge of B2B2C insurance is to manage and sustain value added services through collaborated partners. In addition, dependency on dealers, distributors, agents, brokers, franchisees, influencers, and financial services for the sale of premium insurance is likely to hamper the growth of the B2B2C insurance market.

B2B2C Insurance Market: Competition Landscape

  • Detailed profiles of players of B2B2C insurance have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the B2B2C insurance market include
    • AXA SA
    • Allianz SE
    • Assicurazioni Generali S.p.A
    • Berkshire Hathaway Inc.
    • Zurich Insurance Group
    • Prudential plc.

B2B2C Insurance Market: Key Developments

  • Prominent manufacturers in the B2B2C insurance market are increasing investment on innovative B2B2C insurance services to fulfill the needs of end users. Insurance providers are also planning to expand their range of products and presence in various geographies through mergers & acquisitions and tie-ups with local B2B2C insurance providers.
  • Some other key developments in the B2B2C insurance market are highlighted below:
  • In July 2020, Allianz SE completed the acquisition of automobile and other property-casualty business from SulAmérica for US$ 0.60 Bn. This has helped in expansion of its business in Brazil.
  • In June 2020, AXA SA collaborated with The Western Union Company, a leader in cross-border, cross-currency money movement and payments, to provide inclusive insurance products to Western Union’s customers using its westernunion.com service

B2B2C Insurance Market – Scope of the Report

A new study on the global B2B2C insurance market has been published by Transparency Market Research (TMR). It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global B2B2C insurance market across the globe. TMR’s study offers valuable information about the global B2B2C insurance market to illustrate how the market would grow during the forecast period 2020–2030.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), have been elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global B2B2C insurance market during the forecast period.

An extensive analysis on business strategies of leading market players has also been featured in TMR’s study on the global B2B2C insurance market. This can help readers understand principal factors to foresee growth in the global B2B2C insurance market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global B2B2C insurance market, which is expected to guide market players in making apt decisions in the future.

Key Questions Answered in This Report on B2B2C Insurance Market

  • How much revenue will the B2B2C insurance market generate by the end of the forecast period?
  • What type of B2B2C Insurance is likely to gain the maximum market share by 2030?
  • What regions currently contribute the maximum share to the overall B2B2C insurance market?
  • What are the indicators expected to drive the global B2B2C insurance market?
  • Which region is likely to be a lucrative market during the forecast period?
  • What are the essential strategies incorporated by key stakeholders in the global B2B2C insurance market to expand their geographical presence?
  • What are the major advancements witnessed in the global B2B2C insurance market?

The report answers these questions and more about the global B2B2C insurance market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

B2B2C Insurance Market – Research Methodology

A unique research methodology has been utilized by TMR to conduct comprehensive research on the growth of the global B2B2C Insurance market and arrive at conclusions on the future growth prospects of the market. The research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global B2B2C insurance market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of TMR’s study on the B2B2C insurance market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from B2B2C insurance market industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global B2B2C insurance market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on the future prospects of the global B2B2C insurance market more reliable and accurate.

B2B2C Insurance Market – Segmentation

The report on the global B2B2C Insurance market provides information on the basis of type, nature of business, company size, distribution channel, industry, geographic scope, and region.

The study discusses the underlying trends and impact of various factors that drive the global B2B2C Insurance market, along with their influence on the evolution of the market.The study also offers Porter’s Five Force analysis, value chain analysis, price trend analysis, and SWOT analysis of the global B2B2C Insurance market in order to highlight the crucial growth tactics and opportunities for market players.

Type

  • Life Insurance
  • Non-life Insurance
  • Household Content Insurance
  • Building Insurance
  • Monitor Vehicle Liability Insurance
  • Personal Liability Insurance
  • Animal Owner Liability Insurance
  • Accident
  • Transport
  • Credit Insurance
  • Extended Warranty
  • Others

Nature of Business

  • Brick & Mortar
  • e-Commerce
  • Multi-channel
  • Non-commercial
  • Service Company

Company Size

  • Large Enterprise
  • Small & Medium Enterprise

Distribution Channel

  • Online
  • Offline

Industry

  • Banks & Financial Institutions
  • Automotive
  • Utilities
  • Retailers
  • Travel
  • Housing
  • Lifestyle
  • Telecom

Geographic Scope

  • National
  • Multi-country
  • Regional
  • Global

Region

  • Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Demand Side Analysis

        5.3.2. Supply Side Analysis

    5.4. Key Market Indicators

        5.4.1. Overall Insurance Industry Overview

    5.5. Porter’s Five Forces Analysis

    5.6. Value Chain Analysis

        5.6.1. Managing supply chain risk and disruption – Considering Impact of COVID-19  

    5.7. Industry SWOT Analysis

    5.8. Technological Overview

        5.8.1. Impact of Digitalization on B2B2C Insurance Market

        5.8.2. Recent Technology Investments & Developments

        5.8.3. Future Trends

    5.9. Regulatory Overview

    5.10. Global B2B2C Insurance Market Analysis and Forecast, 2018-2030

        5.10.1. Market Revenue Projections (US$ Bn)

6. Global B2B2C Insurance Market Analysis and Forecast, By Type

    6.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        6.1.1. Life Insurance

        6.1.2. Non-Life Insurance

            6.1.2.1. Household contents insurance

            6.1.2.2. Building Insurance

            6.1.2.3. Motor vehicle liability insurance

            6.1.2.4. Personal liability insurance

            6.1.2.5. Animal owner liability insurance

            6.1.2.6. Accident

            6.1.2.7. Transport

            6.1.2.8. Credit Insurance

            6.1.2.9. Extended Warranty

            6.1.2.10. Care

            6.1.2.11. Global Assistance

            6.1.2.12. Travel

            6.1.2.13. Private unemployment

            6.1.2.14. Animal Insurance

            6.1.2.15. Others

    6.2. Incremental Opportunity, By Type

7. Global B2B2C Insurance Market Analysis and Forecast, By Industry

    7.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        7.1.1. Banks & Financial Institutions

        7.1.2. Automotive

        7.1.3. Utilities

        7.1.4. Retailers

        7.1.5. Travel

        7.1.6. Housing

        7.1.7. Lifestyle

        7.1.8. Telecom

    7.2. Incremental Opportunity, By Industry

8. Global B2B2C Insurance Market Analysis and Forecast, By Nature of Business

    8.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        8.1.1. Brick & Mortar

        8.1.2. E-commerce

        8.1.3. Multi-Channel

        8.1.4. Non-Commercial

        8.1.5. Service Company

    8.2. Incremental Opportunity, By Nature of Business

9. Global B2B2C Insurance Market Analysis and Forecast, By Company Size

    9.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        9.1.1. Large Enterprise

        9.1.2. Small & Medium Enterprise

    9.2. Incremental Opportunity, By Company Size

10. Global B2B2C Insurance Market Analysis and Forecast, By Geographic Scope

    10.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        10.1.1. National

        10.1.2. Multi-Country

        10.1.3. Regional

        10.1.4. Global

    10.2. Incremental Opportunity, By Geographical Scope

11. Global B2B2C Insurance Market Analysis and Forecast, By Distribution Channel

    11.1. Global B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        11.1.1. Online

        11.1.2. Offline

    11.2. Incremental Opportunity, By Distribution Channel

12. Global B2B2C Insurance Market Analysis and Forecast, By Region

    12.1. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Region, 2018-2030

        12.1.1. North America

        12.1.2. Europe

        12.1.3. Asia Pacific

        12.1.4. Middle East & Africa

        12.1.5. South America

    12.2. Incremental Opportunity, By Region

13. North America B2B2C Insurance Market Analysis and Forecast

    13.1. Regional Snapshot

    13.2. Key Trends Analysis

        13.2.1. Supplier Side

        13.2.2. Demand Side

    13.3. Covid 19 Impact Analysis

    13.4. Consumer Buying Behavior

        13.4.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

    13.5. Regulatory Framework

        13.5.1. Government Stimulus Measures for different industries

    13.6. B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        13.6.1. Life Insurance

        13.6.2. Non-Life Insurance

            13.6.2.1. Household contents insurance

            13.6.2.2. Building Insurance

            13.6.2.3. Motor vehicle liability insurance

            13.6.2.4. Personal liability insurance

            13.6.2.5. Animal owner liability insurance

            13.6.2.6. Accident

            13.6.2.7. Transport

            13.6.2.8. Credit Insurance

            13.6.2.9. Extended Warranty

            13.6.2.10. Care

            13.6.2.11. Global Assistance

            13.6.2.12. Travel

            13.6.2.13. Private unemployment

            13.6.2.14. Animal Insurance

            13.6.2.15. Others

    13.7. B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        13.7.1. Banks & Financial Institutions

        13.7.2. Automotive

        13.7.3. Utilities

        13.7.4. Retailers

        13.7.5. Travel

        13.7.6. Housing

        13.7.7. Lifestyle

        13.7.8. Telecom

    13.8. B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        13.8.1. Brick & Mortar

        13.8.2. E-Commerce

        13.8.3. Multi-Channel

        13.8.4. Non-Commercial

        13.8.5. Service Company

    13.9. B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        13.9.1. Large Enterprise

        13.9.2. Small & Medium Enterprise

    13.10. B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        13.10.1. National

        13.10.2. Multi-Country

        13.10.3. Regional

        13.10.4. Global

    13.11. B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        13.11.1. Online

        13.11.2. Offline

    13.12. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Country & Sub-region,

1. 2018-2030

        13.12.1. U.S.

        13.12.2. Canada

        13.12.3. Rest of North America

    13.13. Incremental Opportunity Analysis

14. Europe B2B2C Insurance Market Analysis and Forecast

    14.1. Regional Snapshot

    14.2. Key Trends Analysis

        14.2.1. Supplier Side

        14.2.2. Demand Side

    14.3. Covid 19 Impact Analysis

    14.4. Consumer Buying Behavior

        14.4.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

    14.5. Regulatory Framework

        14.5.1. Government Stimulus Measures for different industries

    14.6. B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        14.6.1. Life Insurance

        14.6.2. Non-Life Insurance

            14.6.2.1. Household contents insurance

            14.6.2.2. Building Insurance

            14.6.2.3. Motor vehicle liability insurance

            14.6.2.4. Personal liability insurance

            14.6.2.5. Animal owner liability insurance

            14.6.2.6. Accident

            14.6.2.7. Transport

            14.6.2.8. Credit Insurance

            14.6.2.9. Extended Warranty

            14.6.2.10. Care

            14.6.2.11. Global Assistance

            14.6.2.12. Travel

            14.6.2.13. Private unemployment

            14.6.2.14. Animal Insurance

            14.6.2.15. Others

    14.7. B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        14.7.1. Banks & Financial Institutions

        14.7.2. Automotive

        14.7.3. Utilities

        14.7.4. Retailers

        14.7.5. Travel

        14.7.6. Housing

        14.7.7. Lifestyle

        14.7.8. Telecom

    14.8. B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        14.8.1. Brick & Mortar

        14.8.2. E-Commerce

        14.8.3. Multi-Channel

        14.8.4. Non-Commercial

        14.8.5. Service Company

    14.9. B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        14.9.1. Large Enterprise

        14.9.2. Small & Medium Enterprise

    14.10. B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        14.10.1. National

        14.10.2. Multi-Country

        14.10.3. Regional

        14.10.4. Global

    14.11. B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        14.11.1. Online

        14.11.2. Offline

    14.12. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Country & Sub-region,

2. 2018-2030

        14.12.1. U.K.

        14.12.2. Germany

        14.12.3. France

        14.12.4. Rest of Europe

    14.13. Incremental Opportunity Analysis

15. Asia Pacific B2B2C Insurance Market Analysis and Forecast

    15.1. Regional Snapshot

    15.2. Key Trends Analysis

        15.2.1. Supplier Side

        15.2.2. Demand Side

    15.3. Covid 19 Impact Analysis

    15.4. Consumer Buying Behavior

        15.4.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

    15.5. Regulatory Framework

        15.5.1. Government Stimulus Measures for different industries

    15.6. B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        15.6.1. Life Insurance

        15.6.2. Non-Life Insurance

            15.6.2.1. Household contents insurance

            15.6.2.2. Building Insurance

            15.6.2.3. Motor vehicle liability insurance

            15.6.2.4. Personal liability insurance

            15.6.2.5. Animal owner liability insurance

            15.6.2.6. Accident

            15.6.2.7. Transport

            15.6.2.8. Credit Insurance

            15.6.2.9. Extended Warranty

            15.6.2.10. Care

            15.6.2.11. Global Assistance

            15.6.2.12. Travel

            15.6.2.13. Private unemployment

            15.6.2.14. Animal Insurance

            15.6.2.15. Others

    15.7. B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        15.7.1. Banks & Financial Institutions

        15.7.2. Automotive

        15.7.3. Utilities

        15.7.4. Retailers

        15.7.5. Travel

        15.7.6. Housing

        15.7.7. Lifestyle

        15.7.8. Telecom

    15.8. B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        15.8.1. Brick & Mortar

        15.8.2. E-Commerce

        15.8.3. Multi-Channel

        15.8.4. Non-Commercial

        15.8.5. Service Company

    15.9. B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        15.9.1. Large Enterprise

        15.9.2. Small & Medium Enterprise

    15.10. B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        15.10.1. National

        15.10.2. Multi-Country

        15.10.3. Regional

        15.10.4. Global

    15.11. B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        15.11.1. Online

        15.11.2. Offline

    15.12. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Country & Sub-region,

3. 2018-2030

        15.12.1. China

        15.12.2. India

        15.12.3. Japan

        15.12.4. Rest of Asia Pacific

    15.13. Incremental Opportunity Analysis

16. Middle East & Africa B2B2C Insurance Market Analysis and Forecast

    16.1. Regional Snapshot

    16.2. Key Trends Analysis

        16.2.1. Supplier Side

        16.2.2. Demand Side

    16.3. Covid 19 Impact Analysis

    16.4. Consumer Buying Behavior

        16.4.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

    16.5. Regulatory Framework

        16.5.1. Government Stimulus Measures for different industries

    16.6. B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        16.6.1. Life Insurance

        16.6.2. Non-Life Insurance

            16.6.2.1. Household contents insurance

            16.6.2.2. Building Insurance

            16.6.2.3. Motor vehicle liability insurance

            16.6.2.4. Personal liability insurance

            16.6.2.5. Animal owner liability insurance

            16.6.2.6. Accident

            16.6.2.7. Transport

            16.6.2.8. Credit Insurance

            16.6.2.9. Extended Warranty

            16.6.2.10. Care

            16.6.2.11. Global Assistance

            16.6.2.12. Travel

            16.6.2.13. Private unemployment

            16.6.2.14. Animal Insurance

            16.6.2.15. Others

    16.7. B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        16.7.1. Banks & Financial Institutions

        16.7.2. Automotive

        16.7.3. Utilities

        16.7.4. Retailers

        16.7.5. Travel

        16.7.6. Housing

        16.7.7. Lifestyle

        16.7.8. Telecom

    16.8. B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        16.8.1. Brick & Mortar

        16.8.2. E-Commerce

        16.8.3. Multi-Channel

        16.8.4. Non-Commercial

        16.8.5. Service Company

    16.9. B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        16.9.1. Large Enterprise

        16.9.2. Small & Medium Enterprise

    16.10. B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        16.10.1. National

        16.10.2. Multi-Country

        16.10.3. Regional

        16.10.4. Global

    16.11. B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        16.11.1. Online

        16.11.2. Offline

    16.12. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Country & Sub-region,

4. 2018-2030

        16.12.1. GCC

        16.12.2. South Africa

        16.12.3. Rest of Middle East & Africa

    16.13. Incremental Opportunity Analysis

17. South America B2B2C Insurance Market Analysis and Forecast

    17.1. Regional Snapshot

    17.2. Key Trends Analysis

        17.2.1. Supplier Side

        17.2.2. Demand Side

    17.3. Covid 19 Impact Analysis

    17.4. Consumer Buying Behavior

        17.4.1. Impact in the consumer buying behavior-COVID 19 (End user Preferences and Buying Power)

    17.5. Regulatory Framework

        17.5.1. Government Stimulus Measures for different industries

    17.6. B2B2C Insurance Market Size (US$ Bn) Forecast, By Type , 2018-2030

        17.6.1. Life Insurance

        17.6.2. Non-Life Insurance

            17.6.2.1. Household contents insurance

            17.6.2.2. Building Insurance

            17.6.2.3. Motor vehicle liability insurance

            17.6.2.4. Personal liability insurance

            17.6.2.5. Animal owner liability insurance

            17.6.2.6. Accident

            17.6.2.7. Transport

            17.6.2.8. Credit Insurance

            17.6.2.9. Extended Warranty

            17.6.2.10. Care

            17.6.2.11. Global Assistance

            17.6.2.12. Travel

            17.6.2.13. Private unemployment

            17.6.2.14. Animal Insurance

            17.6.2.15. Others

    17.7. B2B2C Insurance Market Size (US$ Bn) Forecast, By Industry, 2018-2030

        17.7.1. Banks & Financial Institutions

        17.7.2. Automotive

        17.7.3. Utilities

        17.7.4. Retailers

        17.7.5. Travel

        17.7.6. Housing

        17.7.7. Lifestyle

        17.7.8. Telecom

    17.8. B2B2C Insurance Market Size (US$ Bn) Forecast, By Nature of Business, 2018-2030

        17.8.1. Brick & Mortar

        17.8.2. E-Commerce

        17.8.3. Multi-Channel

        17.8.4. Non-Commercial

        17.8.5. Service Company

    17.9. B2B2C Insurance Market Size (US$ Bn) Forecast, By Company Size, 2018-2030

        17.9.1. Large Enterprise

        17.9.2. Small & Medium Enterprise

    17.10. B2B2C Insurance Market Size (US$ Bn) Forecast, By Geographical Scope, 2018-2030

        17.10.1. National

        17.10.2. Multi-Country

        17.10.3. Regional

        17.10.4. Global

    17.11. B2B2C Insurance Market Size (US$ Bn) Forecast, By Distribution Channel , 2018-2030

        17.11.1. Online

        17.11.2. Offline

    17.12. B2B2C Insurance Market Size (US$ Bn & Thousand Units) Forecast, By Country & Sub-region,

5. 2018-2030

        17.12.1. Brazil

        17.12.2. Rest of South America

    17.13. Incremental Opportunity Analysis

18. Competition Landscape

    18.1. Market Player – Competition Dashboard

    18.2. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue,

6. Strategy & Business Overview)

        18.2.1. AXA

            18.2.1.1. Company Overview

            18.2.1.2. Sales Area/Geographical Presence

            18.2.1.3. Revenue

            18.2.1.4. Strategy & Business Overview

        18.2.2. Allianz

            18.2.2.1. Company Overview

            18.2.2.2. Sales Area/Geographical Presence

            18.2.2.3. Revenue

            18.2.2.4. Strategy & Business Overview

        18.2.3. Assicurazioni Generali S.p.A.

            18.2.3.1. Company Overview

            18.2.3.2. Sales Area/Geographical Presence

            18.2.3.3. Revenue

            18.2.3.4. Strategy & Business Overview

        18.2.4. Berkshire Hathaway

            18.2.4.1. Company Overview

            18.2.4.2. Sales Area/Geographical Presence

            18.2.4.3. Revenue

            18.2.4.4. Strategy & Business Overview

        18.2.5. China Life Insurance

            18.2.5.1. Company Overview

            18.2.5.2. Sales Area/Geographical Presence

            18.2.5.3. Revenue

            18.2.5.4. Strategy & Business Overview

        18.2.6. Japan Post Holding

            18.2.6.1. Company Overview

            18.2.6.2. Sales Area/Geographical Presence

            18.2.6.3. Revenue

            18.2.6.4. Strategy & Business Overview

        18.2.7. Munich Re Group

            18.2.7.1. Company Overview

            18.2.7.2. Sales Area/Geographical Presence

            18.2.7.3. Revenue

            18.2.7.4. Strategy & Business Overview

        18.2.8. Prudential

            18.2.8.1. Company Overview

            18.2.8.2. Sales Area/Geographical Presence

            18.2.8.3. Revenue

            18.2.8.4. Strategy & Business Overview

        18.2.9. UnitedHealth Group

            18.2.9.1. Company Overview

            18.2.9.2. Sales Area/Geographical Presence

            18.2.9.3. Revenue

            18.2.9.4. Strategy & Business Overview

        18.2.10. Zurich Insurance Group

            18.2.10.1. Company Overview

            18.2.10.2. Sales Area/Geographical Presence

            18.2.10.3. Revenue

            18.2.10.4. Strategy & Business Overview

19. Key Takeaway

    19.1. Identification of Potential Market Spaces

        19.1.1. Type

        19.1.2. Industry

        19.1.3. Enterprise Size

        19.1.4. Geography

    19.2. Understanding the Buying Process of the Customers

        19.2.1. Preferred Type

        19.2.2. Preferred Mode of buying products

        19.2.3. Preferred Pricing

        19.2.4. Target Audience

    19.3. Prevailing Market Risks

        19.3.1. Price Sensitivity

        19.3.2. Competition

        19.3.3. Limited Quality Consciousness

List of Tables

Table 1: Global B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 2: Global B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 3: Global B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 4: Global B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 5: Global B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 6: Global B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 7: Global B2B2C Insurance Market Value Size & Forecast, by Region, US$ Bn, 2020-2030

Table 8: North America B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 9: North America B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 10: North America B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 11: North America B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 12: North America B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 13: North America B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 14: North America B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Table 15: Europe B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 16: Europe B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 17: Europe B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 18: Europe B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 19: Europe B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 20: Europe B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 21: Europe B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Table 15: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 16: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 17: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 18: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 19: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 20: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 21: Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Table 22: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 23: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 24: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 25: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 26: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 27: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 28: Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Table 29: South America B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Table 30: South America B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Table 31: South America B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Table 32: South America B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Table 33: South America B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2031

Table 34: South America B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2032

Table 35: South America B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

List of Figure

Figure 1 : Global B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure 2 : Global B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure  3 : Global B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 4 : Global B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  5 : Global B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 6 : Global B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure  7 : Global B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure 8 : Global B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure  9 : Global B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 10 : Global B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  11 : Global B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 12 : Global B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure  13 : Global B2B2C Insurance Market Value Size & Forecast, by Region, US$ Bn, 2020-2030

Figure 14 : Global B2B2C Insurance Market, Incremental Opportunity, by Region, US$ Bn, 2020-2030

Figure 15 : North America B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure 16 : North America B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure  17 : North America B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 18 : North America B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  19 : North America B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 20 : North America B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure  21 : North America B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure 22 : North America B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure  23 : North America B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 24 : North America B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  25 : North America B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 26 : North America B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure  27 : North America B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Figure 28 : North America B2B2C Insurance Market, Incremental Opportunity, by Country, US$ Bn, 2020-2030

Figure 29 : Europe B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure  30 : Europe B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure 31 : Europe B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 32 : Europe B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  33 : Europe B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 34 : Europe B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure 35 : Europe B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure  36 : Europe B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure 37 : Europe B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 38 : Europe B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  39 : Europe B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 40 : Europe B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure 41 : Europe B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Figure  42 : Europe B2B2C Insurance Market, Incremental Opportunity, by Country, US$ Bn, 2020-2030

Figure 43 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure  44 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure 45 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 46 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  47 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 48 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure 49 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure  50 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure 51 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 52 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  53 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 54 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure 55 : Asia Pacific B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Figure  56 : Asia Pacific B2B2C Insurance Market, Incremental Opportunity, by Country, US$ Bn, 2020-2030

Figure 57 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure  58 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure 59 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 60 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  61 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 62 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure 63 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure  64 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure 65 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 66 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  67 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 68 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure 69 : Middle East & Africa B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Figure  70 : Middle East & Africa B2B2C Insurance Market, Incremental Opportunity, by Country, US$ Bn, 2020-2030

Figure 71 : South America B2B2C Insurance Market Value Size & Forecast, by Type, US$ Bn, 2020-2030

Figure  72 : South America B2B2C Insurance Market, Incremental Opportunity, by Type, US$ Bn, 2020-2030

Figure 73 : South America B2B2C Insurance Market Value Size & Forecast, by Nature of Business, US$ Bn, 2020-2030

Figure 74 : South America B2B2C Insurance Market, Incremental Opportunity, by Nature of Business, US$ Bn, 2020-2030

Figure  75 : South America B2B2C Insurance Market Value Size & Forecast, by Company Size, US$ Bn, 2020-2030

Figure 76 : South America B2B2C Insurance Market, Incremental Opportunity, by Company Size, US$ Bn, 2020-2030

Figure 77 : South America B2B2C Insurance Market Value Size & Forecast, by Distribution Channel, US$ Bn, 2020-2030

Figure  78 : South America B2B2C Insurance Market, Incremental Opportunity, by Distribution Channel, US$ Bn, 2020-2030

Figure 79 : South America B2B2C Insurance Market Value Size & Forecast, by Industry, US$ Bn, 2020-2030

Figure 80 : South America B2B2C Insurance Market, Incremental Opportunity, by Industry, US$ Bn, 2020-2030

Figure  81 : South America B2B2C Insurance Market Value Size & Forecast, by Geographical Scope, US$ Bn, 2020-2030

Figure 82 : South America B2B2C Insurance Market, Incremental Opportunity, by Geographical Scope, US$ Bn, 2020-2030

Figure 83 : South America B2B2C Insurance Market Value Size & Forecast, by Country, US$ Bn, 2020-2030

Figure  84 : South America B2B2C Insurance Market, Incremental Opportunity, by Country, US$ Bn, 2020-2030

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B2B2C Insurance Market