Report Overview
Report Overview
In the insurance business process service market, the main services include policy sales, underwriting, claims, customer service and other links. Among them, policy sales are the most important link, and insurance products are promoted to potential customers through various channels. Underwriting is the insurance companys risk assessment, underwriting, premium calculation and other operations for customers. Claims settlement means that after an insurance accident occurs, the insurance company provides the customer with corresponding compensation and protection services according to the contract. Customer service is to provide customers with consultation, information inquiry and other services throughout the policy life cycle.
The global Insurance Business Process Services market size was estimated at USD 8561.0 million in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 12.40% during the forecast period.
This report offers a comprehensive and in-depth analysis of the global Insurance Business Process Services market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.
The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.
A significant focus of this report lies in the competitive landscape of the global Insurance Business Process Services market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.
In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the Insurance Business Process Services market.
Global Insurance Business Process Services Market: Market Segmentation Analysis
This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.
A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.
Key Company
Genpact
EXL Services Holdings
Cognizant
Xchanging (DXC Technology)
Dell
TCS
Sutherland Global Services
WNS Holdings
Accenture
Tech Mahindra
Xerox
MphasiS
Capita
Serco Group
Computer Sciences
HCL
IGate
Infosys
Syntel
Exlservice Holdings
Invensis
Wipro
Market Segmentation (by Type)
Development
Marketing
Administration
Asset Management
Claims Management
Market Segmentation (by Application)
BFSI
Manufacturing
Healthcare
Retail
Telecom
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Insurance Business Process Services Market
Overview of the regional outlook of the Insurance Business Process Services Market:
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Insurance Business Process Services Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the markets competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porters five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Insurance Business Process Services, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Table of Contents
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Insurance Business Process Services
- 1.2 Key Market Segments
- 1.2.1 Insurance Business Process Services Segment by Type
- 1.2.2 Insurance Business Process Services Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Insurance Business Process Services Market Overview
- 2.1 Global Market Overview
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Insurance Business Process Services Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Insurance Business Process Services Product Life Cycle
- 3.3 Global Insurance Business Process Services Revenue Market Share by Company (2020-2025)
- 3.4 Insurance Business Process Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.5 Headquarters, Areas Served, and Product Types of Major Players
- 3.6 Insurance Business Process Services Market Competitive Situation and Trends
- 3.6.1 Insurance Business Process Services Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Insurance Business Process Services Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Insurance Business Process Services Value Chain Analysis
- 4.1 Insurance Business Process Services Value Chain Analysis
- 4.2 Midstream Market Analysis
- 4.3 Downstream Customer Analysis
- 5 The Development and Dynamics of Insurance Business Process Services Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 PEST Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Insurance Business Process Services Market Porters Five Forces Analysis
- 6 Insurance Business Process Services Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Insurance Business Process Services Market by Type (2020-2025)
- 6.3 Global Insurance Business Process Services Market Size Growth Rate by Type (2021-2025)
- 7 Insurance Business Process Services Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Insurance Business Process Services Market Size (M USD) by Application (2020-2025)
- 7.3 Global Insurance Business Process Services Market Size Growth Rate by Application (2021-2025)
- 8 Insurance Business Process Services Market Segmentation by Region
- 8.1 Global Insurance Business Process Services Market Size by Region
- 8.1.1 Global Insurance Business Process Services Market Size by Region
- 8.1.2 Global Insurance Business Process Services Market Size Market Share by Region
- 8.2 North America
- 8.2.1 North America Insurance Business Process Services Market Size by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Insurance Business Process Services Market Size by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Spain
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Insurance Business Process Services Market Size by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Insurance Business Process Services Market Size by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Insurance Business Process Services Market Size by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 8.1 Global Insurance Business Process Services Market Size by Region
- 9 Key Companies Profile
- 9.1 Genpact
- 9.1.1 Genpact Basic Information
- 9.1.2 Genpact Insurance Business Process Services Product Overview
- 9.1.3 Genpact Insurance Business Process Services Product Market Performance
- 9.1.4 Genpact SWOT Analysis
- 9.1.5 Genpact Business Overview
- 9.1.6 Genpact Recent Developments
- 9.2 EXL Services Holdings
- 9.2.1 EXL Services Holdings Basic Information
- 9.2.2 EXL Services Holdings Insurance Business Process Services Product Overview
- 9.2.3 EXL Services Holdings Insurance Business Process Services Product Market Performance
- 9.2.4 EXL Services Holdings SWOT Analysis
- 9.2.5 EXL Services Holdings Business Overview
- 9.2.6 EXL Services Holdings Recent Developments
- 9.3 Cognizant
- 9.3.1 Cognizant Basic Information
- 9.3.2 Cognizant Insurance Business Process Services Product Overview
- 9.3.3 Cognizant Insurance Business Process Services Product Market Performance
- 9.3.4 Cognizant SWOT Analysis
- 9.3.5 Cognizant Business Overview
- 9.3.6 Cognizant Recent Developments
- 9.4 Xchanging (DXC Technology)
- 9.4.1 Xchanging (DXC Technology) Basic Information
- 9.4.2 Xchanging (DXC Technology) Insurance Business Process Services Product Overview
- 9.4.3 Xchanging (DXC Technology) Insurance Business Process Services Product Market Performance
- 9.4.4 Xchanging (DXC Technology) Business Overview
- 9.4.5 Xchanging (DXC Technology) Recent Developments
- 9.5 Dell
- 9.5.1 Dell Basic Information
- 9.5.2 Dell Insurance Business Process Services Product Overview
- 9.5.3 Dell Insurance Business Process Services Product Market Performance
- 9.5.4 Dell Business Overview
- 9.5.5 Dell Recent Developments
- 9.6 TCS
- 9.6.1 TCS Basic Information
- 9.6.2 TCS Insurance Business Process Services Product Overview
- 9.6.3 TCS Insurance Business Process Services Product Market Performance
- 9.6.4 TCS Business Overview
- 9.6.5 TCS Recent Developments
- 9.7 Sutherland Global Services
- 9.7.1 Sutherland Global Services Basic Information
- 9.7.2 Sutherland Global Services Insurance Business Process Services Product Overview
- 9.7.3 Sutherland Global Services Insurance Business Process Services Product Market Performance
- 9.7.4 Sutherland Global Services Business Overview
- 9.7.5 Sutherland Global Services Recent Developments
- 9.8 WNS Holdings
- 9.8.1 WNS Holdings Basic Information
- 9.8.2 WNS Holdings Insurance Business Process Services Product Overview
- 9.8.3 WNS Holdings Insurance Business Process Services Product Market Performance
- 9.8.4 WNS Holdings Business Overview
- 9.8.5 WNS Holdings Recent Developments
- 9.9 Accenture
- 9.9.1 Accenture Basic Information
- 9.9.2 Accenture Insurance Business Process Services Product Overview
- 9.9.3 Accenture Insurance Business Process Services Product Market Performance
- 9.9.4 Accenture Business Overview
- 9.9.5 Accenture Recent Developments
- 9.10 Tech Mahindra
- 9.10.1 Tech Mahindra Basic Information
- 9.10.2 Tech Mahindra Insurance Business Process Services Product Overview
- 9.10.3 Tech Mahindra Insurance Business Process Services Product Market Performance
- 9.10.4 Tech Mahindra Business Overview
- 9.10.5 Tech Mahindra Recent Developments
- 9.11 Xerox
- 9.11.1 Xerox Basic Information
- 9.11.2 Xerox Insurance Business Process Services Product Overview
- 9.11.3 Xerox Insurance Business Process Services Product Market Performance
- 9.11.4 Xerox Business Overview
- 9.11.5 Xerox Recent Developments
- 9.12 MphasiS
- 9.12.1 MphasiS Basic Information
- 9.12.2 MphasiS Insurance Business Process Services Product Overview
- 9.12.3 MphasiS Insurance Business Process Services Product Market Performance
- 9.12.4 MphasiS Business Overview
- 9.12.5 MphasiS Recent Developments
- 9.13 Capita
- 9.13.1 Capita Basic Information
- 9.13.2 Capita Insurance Business Process Services Product Overview
- 9.13.3 Capita Insurance Business Process Services Product Market Performance
- 9.13.4 Capita Business Overview
- 9.13.5 Capita Recent Developments
- 9.14 Serco Group
- 9.14.1 Serco Group Basic Information
- 9.14.2 Serco Group Insurance Business Process Services Product Overview
- 9.14.3 Serco Group Insurance Business Process Services Product Market Performance
- 9.14.4 Serco Group Business Overview
- 9.14.5 Serco Group Recent Developments
- 9.15 Computer Sciences
- 9.15.1 Computer Sciences Basic Information
- 9.15.2 Computer Sciences Insurance Business Process Services Product Overview
- 9.15.3 Computer Sciences Insurance Business Process Services Product Market Performance
- 9.15.4 Computer Sciences Business Overview
- 9.15.5 Computer Sciences Recent Developments
- 9.16 HCL
- 9.16.1 HCL Basic Information
- 9.16.2 HCL Insurance Business Process Services Product Overview
- 9.16.3 HCL Insurance Business Process Services Product Market Performance
- 9.16.4 HCL Business Overview
- 9.16.5 HCL Recent Developments
- 9.17 IGate
- 9.17.1 IGate Basic Information
- 9.17.2 IGate Insurance Business Process Services Product Overview
- 9.17.3 IGate Insurance Business Process Services Product Market Performance
- 9.17.4 IGate Business Overview
- 9.17.5 IGate Recent Developments
- 9.18 Infosys
- 9.18.1 Infosys Basic Information
- 9.18.2 Infosys Insurance Business Process Services Product Overview
- 9.18.3 Infosys Insurance Business Process Services Product Market Performance
- 9.18.4 Infosys Business Overview
- 9.18.5 Infosys Recent Developments
- 9.19 Syntel
- 9.19.1 Syntel Basic Information
- 9.19.2 Syntel Insurance Business Process Services Product Overview
- 9.19.3 Syntel Insurance Business Process Services Product Market Performance
- 9.19.4 Syntel Business Overview
- 9.19.5 Syntel Recent Developments
- 9.20 Exlservice Holdings
- 9.20.1 Exlservice Holdings Basic Information
- 9.20.2 Exlservice Holdings Insurance Business Process Services Product Overview
- 9.20.3 Exlservice Holdings Insurance Business Process Services Product Market Performance
- 9.20.4 Exlservice Holdings Business Overview
- 9.20.5 Exlservice Holdings Recent Developments
- 9.21 Invensis
- 9.21.1 Invensis Basic Information
- 9.21.2 Invensis Insurance Business Process Services Product Overview
- 9.21.3 Invensis Insurance Business Process Services Product Market Performance
- 9.21.4 Invensis Business Overview
- 9.21.5 Invensis Recent Developments
- 9.22 Wipro
- 9.22.1 Wipro Basic Information
- 9.22.2 Wipro Insurance Business Process Services Product Overview
- 9.22.3 Wipro Insurance Business Process Services Product Market Performance
- 9.22.4 Wipro Business Overview
- 9.22.5 Wipro Recent Developments
- 9.1 Genpact
- 10 Insurance Business Process Services Market Forecast by Region
- 10.1 Global Insurance Business Process Services Market Size Forecast
- 10.2 Global Insurance Business Process Services Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Insurance Business Process Services Market Size Forecast by Country
- 10.2.3 Asia Pacific Insurance Business Process Services Market Size Forecast by Region
- 10.2.4 South America Insurance Business Process Services Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Sales of Insurance Business Process Services by Country
- 11 Forecast Market by Type and by Application (2026-2035)
- 11.1 Global Insurance Business Process Services Market Forecast by Type (2026-2035)
- 11.1.1 Global Insurance Business Process Services Market Size Forecast by Type (2026-2035)
- 11.2 Global Insurance Business Process Services Market Forecast by Application (2026-2035)
- 11.2.1 Global Insurance Business Process Services Market Size (M USD) Forecast by Application (2026-2035)
- 11.1 Global Insurance Business Process Services Market Forecast by Type (2026-2035)
- 12 Conclusion and Key Findings