The Americas was the x largest geographic region in the life & health insurance services market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market. Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global life & health insurance market.
Rising Investments in Mobile and Internet Channel Strategies
Life and health insurance companies are formulating unique mobile and internet strategies as customers are increasingly choosing mobile and internet channels for insurance products purchase . Faster communication and the ability to compare products and services being offered by various companies is driving the customers to mobile and internet channels .Rise in investments in the mobile and internet channels is also being driven by increasing internet and smartphone penetration in both developed and developing economies.Brokers, agents, and employees are also using mobile and internet channels for tracking leads,provide quotes to customers,manage accounts and renewals. For instance, CastLight Health's mobile application offers medical services comparision feature based on the price and care comparision,thus indicating high mobile and internet channel adoption among customers leading to increasing investments in mobile and internet channel strategies.
Read the full report: http://www.reportlinker.com/p04590177-summary/view-report.html
About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: firstname.lastname@example.org
Intl: +1 339-368-6001
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/life--health-insurance-global-market-briefing-2017-300392194.html