Bancassurance Technology Market in Europe 2015-2019


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Technavio

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About Bancassurance Technology Market in Europe
Bancassurance refers to a distribution channel for insurance products. It is a means for insurance companies to sell their products through banks, which allows the former to cater to a wide customer base. The bancassurance model is very common in many countries across Europe, including France, Spain, and Portugal. There are also several new entrants in the market, intensifying the competition, and encouraging insurance companies to innovate and customize products based on client requirement.

With the advent of technology boom worldwide, banks and insurance firms across Europe have increasingly become dependent on computers, Internet and other technology mediums to run their business and drive revenue growth. The technology trend in the banking and insurance sectors will only intensify in the future, leading to a rise in popularity of bancassurance in Europe.

Technavio's analysts forecast the bancassurance technology market in Europe to grow at a CAGR of 3.94 percent during 2014-2019.

Covered in this Report
In this report, Technavio presents an overview of the bancassurance technology market in Europe. We also include the PEST analysis of the insurance market in Europe and the adoption of third platform technologies, such as cloud, big data and others, by banks and insurance firms.
The Technavio report, namely Bancassurance Technology Market in Europe 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. The report covers the market landscape in Europe and its growth prospects in the coming years. It also includes information about the key vendors operating in the market.

Key Vendors
Agile Financial Technologies
BSB
E&Y
HP
IBM
Oracle

Other Prominent Vendors

BPC Group
FICO
Accenture
Amazon Web Service
Capgemini
Cognizant Technology Solutions
CSC
EMC
Genpact
Google
Informatica
Orwell Group
Netapp
Polaris
Rackspace Hosting
Salesforce
SAP
Symantec
TCS
T-Systems
Verizon Communications
VMware
Wipro


Market Driver
Streamlining of Transaction Process
For a full and detailed list, view our report

Market Challenge
Data Security and Data Privacy Risk
For a full and detailed list, view our report

Market Trend
Increased Focus on SaaS Solutions
For a full and detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?