The global insurtech market is expected to reach $27.8 billion by the end of 2024 and could reach as high as $239.2 billion by 2033, according to a report by Dimension Market Research.

In the U.S., the sector is projected to peak at $9.2 billion in 2024, the data showed, at a compound annual growth rate of 25.3% over its forecast period.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.

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