Insurance BPO Companies
February 16, 2023 ⚊ 1 Min read ⚊ Views 100 ⚊ HEALTH
One of the largest industries in the world is Insurance BPO Companies. It has an impact on the lives of a lot of individuals. The estimated size of the global insurance market is close to $5 trillion USD, and it is expanding at a rate of over 5% annually. According to the Insurance Information Institute, net premiums written in the US alone reached $1.28 trillion in 2020, with property/casualty (P/C) insurers recording 51% of those premiums and life/annuity insurers recording 49% of those premiums. Auto, house, and business insurance make up the majority of property and casualty insurance. In 2020, the sector’s net premiums written reached $652.8 billion. Annuities, accident and health Insurance BPO Providers, and life insurance are all included in the life/annuity insurance market.
