Insurance Usecase | Sennovate

Insurance Usecase

The insurance sector is a 1.3 trillion Sector industry in US Market. Even after taking a hit during the Pandemic, it is expected to grow in 2021. Given the pandemic’s impact on business activity and trade, global non-life premiums are expected to be flat for full-year 2020, including a 1% decline in advanced markets. However,despite these challenges, the industry may rebound to 3% growth in 2021, led by a potential 7% boost in emerging regions. Life insurance premiums may decline 6% globally through the end of 2020 and by 8% in advanced economies, while recovery of 3% growth is projected overall for 2021. Emerging markets once again will lead the way while advanced markets continue to struggle

Learn everything about the Insurance sector as a whole and learn how security solutions from Sennovate can help you stay ahead of the market when it comes to cybersecurity as a whole!

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