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Global Property & Casualty Policy Administration Systems Software Market Research Report 2025
Synopsis
Property & Casualty Policy Administration Systems Software is a type of software that helps insurance companies manage their property and casualty (P&C) insurance policies. It is also known as P&C policy administration software, P&C policy management software, or P&C insurance software. A Property & Casualty Policy Administration Systems Software typically provides features such as policy creation and issuance, policy lifecycle management, underwriting and rating, billing and payment, claims management, document generation and management, reporting and analytics, and integration with other systems. A Property & Casualty Policy Administration Systems Software aims to provide a convenient and effective way for insurance companies to handle their P&C insurance operations and improve their customer service and profitability.
The global Property & Casualty Policy Administration Systems Software market was valued at US$ 578 million in 2023 and is anticipated to reach US$ 1196.8 million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.
The industry trend of Property & Casualty Policy Administration Systems Software is driven by the increasing demand for automation, integration, security, and analytics in the P&C insurance function. Some of the key trends are:
Cloud adoption: More insurance companies are opting for cloud-based Property & Casualty Policy Administration Systems Software over traditional on-premise ones due to the benefits of scalability, flexibility, cost-efficiency, accessibility, and innovation. Cloud-based Property & Casualty Policy Administration Systems Software also enable faster implementation and easier integration with other systems.
Artificial intelligence (AI) and machine learning (ML): AI and ML technologies are enhancing the capabilities of Property & Casualty Policy Administration Systems Software by enabling more accurate underwriting and rating, automated policy processing, intelligent claims management, fraud detection and prevention, and data-driven insights.
Application programming interfaces (APIs): APIs are enabling seamless connectivity between Property & Casualty Policy Administration Systems Software and various external data sources and platforms, such as third-party data providers (e.g., credit scores), telematics devices (e.g., sensors), digital channels (e.g., mobile apps), etc. APIs also facilitate real-time data exchange and automation of workflows across different systems.
Data security and compliance: Data security and compliance are becoming more critical for P&C insurance operations due to the increasing volume and complexity of insurance data and transactions. Property & Casualty Policy Administration Systems Software are adopting advanced encryption techniques, multi-factor authentication methods, role-based access controls, audit trails etc., to ensure data protection and privacy. Property & Casualty Policy Administration Systems Software are also helping insurance companies comply with various regulatory requirements and standards related to P&C insurance activities.
This report aims to provide a comprehensive presentation of the global market for Property & Casualty Policy Administration Systems Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Property & Casualty Policy Administration Systems Software.
Report Scope
The Property & Casualty Policy Administration Systems Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Property & Casualty Policy Administration Systems Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Property & Casualty Policy Administration Systems Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Applied Epic
PolicyCenter
FormsPlus
Insurity Policy Solutions
Guidewire BillingCenter
Instanda
Majesco Policy
Policy Admin
PolicyCore (EIS Platform)
Bridge Policy Administration
Delphi Policy
Duck Creek
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Property & Casualty Policy Administration Systems Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Property & Casualty Policy Administration Systems Software is a type of software that helps insurance companies manage their property and casualty (P&C) insurance policies. It is also known as P&C policy administration software, P&C policy management software, or P&C insurance software. A Property & Casualty Policy Administration Systems Software typically provides features such as policy creation and issuance, policy lifecycle management, underwriting and rating, billing and payment, claims management, document generation and management, reporting and analytics, and integration with other systems. A Property & Casualty Policy Administration Systems Software aims to provide a convenient and effective way for insurance companies to handle their P&C insurance operations and improve their customer service and profitability.
The global Property & Casualty Policy Administration Systems Software market was valued at US$ 578 million in 2023 and is anticipated to reach US$ 1196.8 million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.
The industry trend of Property & Casualty Policy Administration Systems Software is driven by the increasing demand for automation, integration, security, and analytics in the P&C insurance function. Some of the key trends are:
Cloud adoption: More insurance companies are opting for cloud-based Property & Casualty Policy Administration Systems Software over traditional on-premise ones due to the benefits of scalability, flexibility, cost-efficiency, accessibility, and innovation. Cloud-based Property & Casualty Policy Administration Systems Software also enable faster implementation and easier integration with other systems.
Artificial intelligence (AI) and machine learning (ML): AI and ML technologies are enhancing the capabilities of Property & Casualty Policy Administration Systems Software by enabling more accurate underwriting and rating, automated policy processing, intelligent claims management, fraud detection and prevention, and data-driven insights.
Application programming interfaces (APIs): APIs are enabling seamless connectivity between Property & Casualty Policy Administration Systems Software and various external data sources and platforms, such as third-party data providers (e.g., credit scores), telematics devices (e.g., sensors), digital channels (e.g., mobile apps), etc. APIs also facilitate real-time data exchange and automation of workflows across different systems.
Data security and compliance: Data security and compliance are becoming more critical for P&C insurance operations due to the increasing volume and complexity of insurance data and transactions. Property & Casualty Policy Administration Systems Software are adopting advanced encryption techniques, multi-factor authentication methods, role-based access controls, audit trails etc., to ensure data protection and privacy. Property & Casualty Policy Administration Systems Software are also helping insurance companies comply with various regulatory requirements and standards related to P&C insurance activities.
This report aims to provide a comprehensive presentation of the global market for Property & Casualty Policy Administration Systems Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Property & Casualty Policy Administration Systems Software.
Report Scope
The Property & Casualty Policy Administration Systems Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Property & Casualty Policy Administration Systems Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Property & Casualty Policy Administration Systems Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Applied Epic
PolicyCenter
FormsPlus
Insurity Policy Solutions
Guidewire BillingCenter
Instanda
Majesco Policy
Policy Admin
PolicyCore (EIS Platform)
Bridge Policy Administration
Delphi Policy
Duck Creek
Segment by Type
Cloud Based
Web Based
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Property & Casualty Policy Administration Systems Software companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Property & Casualty Policy Administration Systems Software Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cloud Based
1.2.3 Web Based
1.3 Market by Application
1.3.1 Global Property & Casualty Policy Administration Systems Software Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Property & Casualty Policy Administration Systems Software Market Perspective (2019-2030)
2.2 Property & Casualty Policy Administration Systems Software Growth Trends by Region
2.2.1 Global Property & Casualty Policy Administration Systems Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Property & Casualty Policy Administration Systems Software Historic Market Size by Region (2019-2024)
2.2.3 Property & Casualty Policy Administration Systems Software Forecasted Market Size by Region (2025-2030)
2.3 Property & Casualty Policy Administration Systems Software Market Dynamics
2.3.1 Property & Casualty Policy Administration Systems Software Industry Trends
2.3.2 Property & Casualty Policy Administration Systems Software Market Drivers
2.3.3 Property & Casualty Policy Administration Systems Software Market Challenges
2.3.4 Property & Casualty Policy Administration Systems Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Property & Casualty Policy Administration Systems Software Players by Revenue
3.1.1 Global Top Property & Casualty Policy Administration Systems Software Players by Revenue (2019-2024)
3.1.2 Global Property & Casualty Policy Administration Systems Software Revenue Market Share by Players (2019-2024)
3.2 Global Property & Casualty Policy Administration Systems Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Property & Casualty Policy Administration Systems Software Revenue
3.4 Global Property & Casualty Policy Administration Systems Software Market Concentration Ratio
3.4.1 Global Property & Casualty Policy Administration Systems Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Property & Casualty Policy Administration Systems Software Revenue in 2023
3.5 Property & Casualty Policy Administration Systems Software Key Players Head office and Area Served
3.6 Key Players Property & Casualty Policy Administration Systems Software Product Solution and Service
3.7 Date of Enter into Property & Casualty Policy Administration Systems Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Property & Casualty Policy Administration Systems Software Breakdown Data by Type
4.1 Global Property & Casualty Policy Administration Systems Software Historic Market Size by Type (2019-2024)
4.2 Global Property & Casualty Policy Administration Systems Software Forecasted Market Size by Type (2025-2030)
5 Property & Casualty Policy Administration Systems Software Breakdown Data by Application
5.1 Global Property & Casualty Policy Administration Systems Software Historic Market Size by Application (2019-2024)
5.2 Global Property & Casualty Policy Administration Systems Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Property & Casualty Policy Administration Systems Software Market Size (2019-2030)
6.2 North America Property & Casualty Policy Administration Systems Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Property & Casualty Policy Administration Systems Software Market Size by Country (2019-2024)
6.4 North America Property & Casualty Policy Administration Systems Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Property & Casualty Policy Administration Systems Software Market Size (2019-2030)
7.2 Europe Property & Casualty Policy Administration Systems Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Property & Casualty Policy Administration Systems Software Market Size by Country (2019-2024)
7.4 Europe Property & Casualty Policy Administration Systems Software Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Property & Casualty Policy Administration Systems Software Market Size (2019-2030)
8.2 Asia-Pacific Property & Casualty Policy Administration Systems Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Property & Casualty Policy Administration Systems Software Market Size by Region (2019-2024)
8.4 Asia-Pacific Property & Casualty Policy Administration Systems Software Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Property & Casualty Policy Administration Systems Software Market Size (2019-2030)
9.2 Latin America Property & Casualty Policy Administration Systems Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Property & Casualty Policy Administration Systems Software Market Size by Country (2019-2024)
9.4 Latin America Property & Casualty Policy Administration Systems Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Property & Casualty Policy Administration Systems Software Market Size (2019-2030)
10.2 Middle East & Africa Property & Casualty Policy Administration Systems Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Property & Casualty Policy Administration Systems Software Market Size by Country (2019-2024)
10.4 Middle East & Africa Property & Casualty Policy Administration Systems Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Applied Epic
11.1.1 Applied Epic Company Detail
11.1.2 Applied Epic Business Overview
11.1.3 Applied Epic Property & Casualty Policy Administration Systems Software Introduction
11.1.4 Applied Epic Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.1.5 Applied Epic Recent Development
11.2 PolicyCenter
11.2.1 PolicyCenter Company Detail
11.2.2 PolicyCenter Business Overview
11.2.3 PolicyCenter Property & Casualty Policy Administration Systems Software Introduction
11.2.4 PolicyCenter Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.2.5 PolicyCenter Recent Development
11.3 FormsPlus
11.3.1 FormsPlus Company Detail
11.3.2 FormsPlus Business Overview
11.3.3 FormsPlus Property & Casualty Policy Administration Systems Software Introduction
11.3.4 FormsPlus Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.3.5 FormsPlus Recent Development
11.4 Insurity Policy Solutions
11.4.1 Insurity Policy Solutions Company Detail
11.4.2 Insurity Policy Solutions Business Overview
11.4.3 Insurity Policy Solutions Property & Casualty Policy Administration Systems Software Introduction
11.4.4 Insurity Policy Solutions Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.4.5 Insurity Policy Solutions Recent Development
11.5 Guidewire BillingCenter
11.5.1 Guidewire BillingCenter Company Detail
11.5.2 Guidewire BillingCenter Business Overview
11.5.3 Guidewire BillingCenter Property & Casualty Policy Administration Systems Software Introduction
11.5.4 Guidewire BillingCenter Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.5.5 Guidewire BillingCenter Recent Development
11.6 Instanda
11.6.1 Instanda Company Detail
11.6.2 Instanda Business Overview
11.6.3 Instanda Property & Casualty Policy Administration Systems Software Introduction
11.6.4 Instanda Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.6.5 Instanda Recent Development
11.7 Majesco Policy
11.7.1 Majesco Policy Company Detail
11.7.2 Majesco Policy Business Overview
11.7.3 Majesco Policy Property & Casualty Policy Administration Systems Software Introduction
11.7.4 Majesco Policy Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.7.5 Majesco Policy Recent Development
11.8 Policy Admin
11.8.1 Policy Admin Company Detail
11.8.2 Policy Admin Business Overview
11.8.3 Policy Admin Property & Casualty Policy Administration Systems Software Introduction
11.8.4 Policy Admin Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.8.5 Policy Admin Recent Development
11.9 PolicyCore (EIS Platform)
11.9.1 PolicyCore (EIS Platform) Company Detail
11.9.2 PolicyCore (EIS Platform) Business Overview
11.9.3 PolicyCore (EIS Platform) Property & Casualty Policy Administration Systems Software Introduction
11.9.4 PolicyCore (EIS Platform) Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.9.5 PolicyCore (EIS Platform) Recent Development
11.10 Bridge Policy Administration
11.10.1 Bridge Policy Administration Company Detail
11.10.2 Bridge Policy Administration Business Overview
11.10.3 Bridge Policy Administration Property & Casualty Policy Administration Systems Software Introduction
11.10.4 Bridge Policy Administration Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.10.5 Bridge Policy Administration Recent Development
11.11 Delphi Policy
11.11.1 Delphi Policy Company Detail
11.11.2 Delphi Policy Business Overview
11.11.3 Delphi Policy Property & Casualty Policy Administration Systems Software Introduction
11.11.4 Delphi Policy Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.11.5 Delphi Policy Recent Development
11.12 Duck Creek
11.12.1 Duck Creek Company Detail
11.12.2 Duck Creek Business Overview
11.12.3 Duck Creek Property & Casualty Policy Administration Systems Software Introduction
11.12.4 Duck Creek Revenue in Property & Casualty Policy Administration Systems Software Business (2019-2024)
11.12.5 Duck Creek Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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