Market Share of Motor Insurance Industry
The market is slightly consolidated in nature with the presence of global and country level players. Most of the global players like Allianz have a strong geographical presence in multiple countries offering a wide array of services. Furthermore, these global players form joint ventures with local companies in developing countries to tap the emerging market.
Major players like Allianz, PICC, Ping An, ICICI Lombard, State Farm, GEICO, Aviva, and others are profiled in the report with an in-depth focus on motor/auto insurance business. Technology related aspects like automation and artificial intelligence (AI) are covered in the report.
Motor Insurance Market Leaders
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Allianz SE
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Ping An Insurance (Group) Co of China Ltd
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ICICI Lombard General Insurance Co Ltd
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Sompo Holdings Inc
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Aviva Plc
*Disclaimer: Major Players sorted in no particular order
