Bancassurance Technology Market in Europe 2015-2019

Bancassurance Technology Market in Europe 2015-2019

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USA – CANADA – UK – CHINA – INDIA


The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “Bancassurance is a well-known distribution channel for insurance products. It is an amalgamation of a bank and an insurance company to cater to a wide customer base with a broad range of insurance products. The bancassurance model is very common in many countries across Europe, including France, Spain, and Portugal.”

• 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.

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

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:



http://www.technavio.com/report/europe-bancassurance-technology-market?utm_source=Slideshare&utm_medium=PPT&utm_content=T1&utm_campaign=Report



Vendors

To understand the vendor landscape and for a full list of

vendors view our report:


Agile Financial Technologies

BSB

E&Y

Agile Financial Technologies was established in 2008 and is headquartered in Mumbai, Maharashtra, India. The company provides global enterprise software products and services to the banking, insurance, investment management, financial services, and microfinance industries.

BSB was incorporated in 1995 and is headquartered in Louvain-la-Neuve, Belgium. The company provides solutions to financial companies that adopt IT solutions to improve efficiency. It also offers web solutions that enable its customers to implement web strategies quickly and cost-efficiently.

EY was founded in 1989 and is headquartered in London, UK. It is one of the world's leading professional services firms that offers accounting and auditing, tax reporting, business consulting, and advisory services.




Market Landscape

• Bancassurance, also known as the bank insurance model, is the process of selling insurance and other related products through a bank.

• This model is commonly practiced in many countries across the world, especially in Europe, which has witnessed tremendous success with the bancassurance model.

• Countries such as Spain, Italy, Portugal, France, and Austria have high levels of market penetration in Europe.

• With the growing market penetration of banks in these countries, the bancassurance model is expected to expand rapidly by adopting different technologies to enhance the business process and customer experience during the forecast period.


Key Buying Criteria Guest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

Cost-effectiveness Technology-based products and services should be competitively priced and should deliver value for money.

Regulatory ComplianceThe ability of technology vendors to offer various products and services to comply with stringent regulatory requirements and anti-money laundering laws.

Scope The ability of technology vendors to offer a broad array of services and solutions to clients.

Stability The financial stability of vendors that is reflected in the strong balance sheet of vendors.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Bancassurance Technology Market in Europe 2015-2019

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