India Online Insurance Outlook to 2019
Driven by Internet Growth and Web Aggregators Industry
- KR261
- Slides: 82
- October 2014
- Total Views: 5561
- Region : Asia
- Ken Research
- Market Research Report
About the Report
About the Report
- Market Size of India Online Insurance Market by Direct Written Premium, Number of Policies sold
- Market Segmentation of India online insurance market by Life and Non-Life insurance products; Distribution channels
- Trends and Developments in Online Insurance Market
- Major Growth Drivers of Online Insurance Market
- SWOT Analysis of Online Insurance Market in India
- Regulatory Framework in the Online Insurance Market in India
- Market Share of Major Web Aggregators and Insurance Companies
- Competitive Landscape of Major Players in Online Insurance industry
- Future Outlook and Projections of India Online Insurance Market
- Macro-Economic Parameters affecting India Online Insurance Market
Products
Products
Life Insurance, Motor Insurance, Health Insurance, General Insurance
Companies
PolicyBazaar.com, MyInsuranceClub.com, InsuringIndia.com, Easypolicy.com, Buysmartpolicy.com, PolicyMantra.com, PolicyX.com, Sastapolicy.com
Table of Contents
Table of Contents
1. India Insurance Market Introduction
Pre-Liberalization Period
Post Liberalization period-Formation of IRDA
Current Market Scenario- FY'2013-FY'2014
India Insurance Market- An Overview of the Insurance Products
2. India Online Insurance Market Introduction
Evolution of Internet and Online Services
Inception of Online Insurance
Current Market Scenario
Growth Potential of the Online Insurance Market
2.1. Value Chain of India Online Insurance Market
3. India Online Insurance Market Size FY'2009 - FY'2014
3.1. By Premium Collected, FY'2009-FY'2014
3.2. By Number of Policies Sold, FY'2009 - FY'2014
4. Online Insurance in India Market Segmentation, FY'2014
4.1. By Type of Insurance (Life and Non Life Insurance), FY'2014
4.2. By Type of Distribution Channels (Web aggregators and insurance companies), FY'2014
4.2.1. By Number of Policies Sold, FY'2014
4.3. By Types of Cities (Tier-1, Tier-2 and Tier-3), FY'2014
5. Trends and Developments and their impact in India Online Insurance Market
Demand for Online Insurance
Thriving Internet Penetration and Awareness
Rising Health Concerns and Natural Calamities
Surging Reinsurance Business
Introduction of Models- Insurance Gurukul
Mounting importance of Travel Insurance
6. Major Growth Drivers in Online Insurance market in India
Internet Growth and Impact
Emergence of Do It Yourself Generation
Surging Business of Web Aggregators
7. Major Challenges and Entry Barriers in India Online Insurance market in India
IRDA Approval Compliances
Faceless Nature of Online Distribution
Fund Raising Concerns
Difficult Payment Terms
Channel Conflicts
8. SWOT Analysis of India Online Insurance Market in India
Strengths
Weaknesses
Opportunities
Threats
9. Regulatory Framework in India Online Insurance market in India
10. Market Share of Major Players in Online Insurance Market in India
10.1. By Number of Policies Sold, FY'2014
10.2. By Premium Collected, FY'2014
11. Company Profiles of Major Players in India Online Insurance Market
12. India Online Insurance Market Outlook and Projections, FY'2014 - FY'2019
12.1. By Premium Collected, FY'2014 - FY'2019
12.2. By Number of Policies Sold, FY'2014 - FY'2019
12.3. Cause and Effect Relationship Between Dependent And Independent Factors Prevailing in India Online Insurance Market
13. Macroeconomic and Industry Factors in India Online Insurance Market, FY'2009-FY'2019
13.1. Internet Users in India, CY'2009-CY'2019
13.2. Personal Disposable Income in India, FY'2009-FY'2019
13.3. Middle Class Population in India, FY'2009-FY'2018
13.4. FDI in India's Services Sector, FY'2009-FY'2019
13.5. Sales and Shipments of Smartphones in India
13.6. India Ecommerce Market Size by Gross Merchandize Value, CY'2009-CY'2019
14. Appendix
14.1. Market Definition
14.2. Abbreviations
14.3. Research Methodology
Data Collection Methods
Approach and Assumptions
Variables (Dependent and Independent)
Final Conclusion
14.4. Disclaimer
List of Figure
Figure 1: Online Insurance Aggregation Model and Lead Generation Conversion Process
Figure 2: Online Insurance Market Channels and Their Percentage Contribution to Direct Premium Underwritten
Figure 3: Online Insurance Market-Value Chain
Figure 4: India Online Insurance Market Size by Direct Written Premium in INR Million, FY'2009-FY'2014
Figure 5: India Online Insurance Market Size by Number of Policies Sold Online, FY'2009-FY'2014
Figure 6: India Online Insurance Market Segmentation by Types of Policies Sold Online on the Basis of Contribution in Direct Written Premium in Percentage, FY'2014
Figure 7: India Online Insurance Market Segmentation by Web Aggregators and Insurance Companies on the Basis of Contribution in Direct Written Premium in Percentage (%), FY'2014
Figure 8: India Online Insurance Market Segmentation by Types of Cities-Tier1, Tier 2 and Tier 3 on the Basis of Contribution in Direct Written Premium in Percentage (%), FY'2014
Figure 9: Online Term Insurance Demand (Age Wise) by Enquiries
Figure 10: Online Health Insurance Products Market Share in Percentage
Figure 11: Percentage of Claimed and Active Internet users in India as on June 2014
Figure 12: Trends on Number of Internet Users in Million, CY'2009-CY'2014
Figure 13: General Insurance Corporation of India Reinsurance Premium Underwritten, FY'2009-FY'2013
Figure 14: India Online Insurance Market by Direct Written Premium in INR Million, FY'2015-FY'2019
Figure 15: India Online Insurance Market Future Projection of Number of Policies Sold, FY'2014-FY'2019
Figure 16: Number of Internet Users in India in Million, CY'2009-CY'2019
Figure 17: Personal Disposable Income in India in INR Million, FY'2009-FY'2014
Figure 18: Middle Class Population in India in Million, FY'2009-FY'2019
Figure 19: Foreign Direct Investment (FDI) Inflows in Service Sector in INR Million, FY'2009-FY'2019
Figure 20: E-Commerce Market Size by Gross Merchandize Value in India in INR Million, CY'2009-CY'2019
List of Table
Table 1: List of IRDA Approved Web Aggregators with the Period of Approval
Table 2: List of Major Life and Non Life Insurance Companies Selling Insurance Products Online
Table 3: India Online Insurance Market Segmentation by Types of Polices Sold Online on the Basis of Direct Written Premium in INR Million, FY'2014
Table 4: India Online Insurance Market Segmentation by Web Aggregators and Insurance Companies on the Basis of Direct Written Premium in INR Million, FY'2014
Table 5: India Online Insurance Market Segmentation by Tier 1, Tier 2 and Tier 3 Cities on the Basis of Direct Written Premium in INR Million, FY'2014
Table 6: Internet Users- Claimed and Active as on June 2014
Table 7: Major Natural Disasters in India
Table 8: Reinsurance Placed Within India and Outside India as Percent of Gross Direct Premium in India, FY'2012 and FY'2013
Table 9: Insurance Ceded Outside India on Indian Business
Table 10: Market Share of Major Players in India Online Insurance Market by Number of Polices Sold, in FY'2014
Table 11: Market Share of Major Players in Online Insurance Market by Direct Written Premium in INR Million, FY'2014
Table 12: Competitive Landscape of Major Companies in India Online Insurance Market
Table 13: Cause and Effect Relationship Analysis between Industry Factors and Expected Online Insurance Market Prospects
Table 14: Correlation Matrix of India Online Insurance Market
Table 15: Regression Coefficients Output
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