The HfS health rating for the insurance industry shows the sector as lagging, based on growth metrics in the low single digits. The rating takes into account revenue and profit data, M&A growth for insurance overall and for insurtechs, VC funding growth in insurtechs, IPO growth over the past three years, and bankruptcy trends.
The Insurance Operations Services Industry Blueprint 2018 examines the state of the insurance industry and investigates the service provider landscape in terms of how they are supporting and enabling the digital transformation of insurance firms. We analyzed the capabilities of 24 service providers across the insurance value chain to develop a comprehensive analysis of industry-specific services and solutions for insurance enterprises.