Global Homeowners Insurance Carriers Market Size and Forecast 2023-2032| Admiral Insurance Group, Allianz Australia Limited, American International Group Inc., Amica, USAA,

The Homeowners Insurance Carriers Global Market Report 2023, provides comprehensive information on the homeowners insurance carriers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global homeowners insurance carriers market size is expected to grow from $285.16 billion in 2022 to $304.89 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global homeowners insurance carriers market size is expected to reach $391.73 billion in 2027 at a CAGR of 6.5%.

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Technological advancement is the key trend gaining popularity in the homeowner’s insurance carriers market. Major companies operating in the homeowner’s insurance carriers market are focusing on adopting new technologies to increase product portfolio. For instance, in August 2021, Mosaic Insurance, a US-based provider of insurance products and underwriting services, and DXC Technology, a US-based company that provides technology consulting, outsourcing, and support services, launched a new insurance technology platform that accelerates the sale, underwriting, and servicing of specialized insurance. The unique feature of this technology platform is its inclusion of advanced automation, blockchain-enabled access to real-time data, and artificial intelligence underwriting support, all of which are projected to speed up the process of selling, underwriting, and servicing specialty insurance.

The homeowners insurance carriers market is segmented:

1) By Type: Basic Form, Broad Form, Special Form, Tenant’s Form, Comprehensive Form, Condo Form, Mobile Home Form, Older Home Form

2) By Source: Captive, Independent Agent, Direct Response

3) By Application: Enterprise, Personal

North America was the largest region in the homeowners insurance carriers market in 2022.

The table of contents in TBRC’s homeowners insurance carriers market report includes:

1. Executive Summary

2. Homeowners Insurance Carriers Market Characteristics

3. Homeowners Insurance Carriers Market Trends And Strategies

4. Homeowners Insurance Carriers Market – Macro Economic Scenario

5. Homeowners Insurance Carriers Market Size And Growth

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26. Africa Homeowners Insurance Carriers Market

27. Homeowners Insurance Carriers Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Homeowners Insurance Carriers Market

29. Homeowners Insurance Carriers Market Future Outlook and Potential Analysis

30. Appendix

Top Major Players:

• Admiral Insurance Group
• Allianz Australia Limited
• American International Group Inc
• Amica
• USAA

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