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Top Insurance Analytics Companies in India

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60 companies for Insurance Analytics in India

ABI Analytics's Logo

ABI Analytics

Mumbai, India

D

11-50 Employees

2017

Key takeaway

ABI Analytics focuses on delivering actionable insights through in-depth evaluations and data analytics, making it a strategic partner for decision-makers. Their expertise in big data analytics and a data-to-decision framework positions them to identify growth opportunities quickly and effectively.

Highlighted product

Core business

DATA ANALYTICS – ABI ANALYTICS

24x7 ESI's Logo

24x7 ESI

Visakhapatnam, India

D

11-50 Employees

-

Key takeaway

The company specializes in insurance analytics by utilizing their team's deep domain expertise to create data-enabled solutions that empower stakeholders to effectively harness and analyze data.

Highlighted product

Service

Data Intelligence – 24x7esi

Vallytics Global's Logo

Vallytics Global

Chennai, India

D

11-50 Employees

-

Key takeaway

Vallytics Global specializes in providing data-driven models and analytics techniques that can enhance the commercialization journey for biotech and life sciences organizations. Their expertise in advanced analytics directly supports sales growth and improved patient outcomes through the effective use of commercial data sets.

Highlighted product

Service

Advanced Analytics – Vallytics Global

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AnalytIQBee's Logo

AnalytIQBee

Mumbai, India

D

1-10 Employees

2020

Key takeaway

AnalytIQBee, a nextgen data and analytics company, specializes in transforming data into valuable insights for various industries, including BFSI, which is particularly relevant for insurance analytics. Their customer-centric approach and innovative data solutions empower organizations to leverage high-quality data for informed decision-making.

Highlighted product

Core business

AnalytIQBee | The Wise Company

Veratas's Logo

Veratas

Noida, India

D

1-10 Employees

2021

Key takeaway

Veratas specializes in custom software development that enhances analytics processes for various sectors, including financial services. They focus on data visualization and business intelligence, transforming complex data into clear dashboards that facilitate insight extraction and decision-making.

Highlighted product

Product

Analytics | Veratas

RMSI Cropalytics's Logo

RMSI Cropalytics

India

D

1001-5000 Employees

-

Key takeaway

RMSI Cropalytics specializes in data analytics for the agriculture sector, offering solutions that enhance decision-making for crop insurance and risk management through advanced technologies like AI and machine learning. Their comprehensive analytics approach addresses the challenges of unorganized data in Indian agriculture, making it a key player in transforming agricultural practices and improving outcomes for farmers.

Highlighted product

Core business

Crop Insurance Management Solutions - RMSI Cropalytics

RMSI Cropalytics focuses on data analytics that combines advanced modeling, machine learning, and crop and meteorological domain expertise to provide solutions to decision-makers in government, crop insurance, agriculture input sector, commodity trading, and social sector.

Insure Pro 2.0's Logo

Insure Pro 2.0

Bengaluru, India

D

51-100 Employees

2010

Key takeaway

The company specializes in high-quality insurance services, particularly in underwriting and processing, with a niche focus on Workers' Compensation. They emphasize the use of data analytics to enhance their insurance offerings, supported by a skilled team and a commitment to innovation.

Highlighted product

Service

Services

Ensuredit's Logo

Ensuredit

Bengaluru, India

D

11-50 Employees

2019

Key takeaway

The company provides innovative solutions for the insurance industry, leveraging an API-led approach to offer real-time access to a wide range of insurance products. Their AI-based platforms enhance the customer experience and empower intermediaries, addressing complex challenges within the sector.

Highlighted product

Product

Insurance Platform for all kinds of insurance & channels - Brokers, Banks, POSP, Agents

ENSUREDIT enables and empowers end customers and Insurance Intermediaries with AI-based product platforms for transformational customer experience.

RTBAnalytica's Logo

RTBAnalytica

Indore, India

D

11-50 Employees

2021

Key takeaway

The company specializes in analytics and data science, aiming to help businesses maximize the value of their digital and data assets. Their expertise in business intelligence and decision science positions them as key players in the field of insurance analytics.

Highlighted product

Core business

RTBAnalytica

Alpha Analytics's Logo

Alpha Analytics

Pune, India

D

11-50 Employees

2003

Key takeaway

Alpha Analytics specializes in data processing and analytics, offering solutions that transform data into actionable insights. Their focus on market research and enterprise data enables them to deliver successful analytics projects efficiently, making them well-suited for addressing complex business challenges.

Highlighted product

Core business

Home – Alpha Analytics Services-Data Science

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Information about Insurance Analytics in India

When exploring the Insurance Analytics industry in India, several key considerations emerge. Regulatory compliance is paramount, as the Insurance Regulatory and Development Authority of India (IRDAI) sets guidelines that companies must follow. Understanding these regulations is crucial for any business considering entry or expansion in this market. The industry faces challenges such as data privacy concerns and the need for robust data infrastructure, which can hinder effective analytics. However, there are significant opportunities, particularly in leveraging technology like artificial intelligence and machine learning to enhance risk assessment and customer service. The competitive landscape is evolving, with traditional insurers and new fintech entrants vying for market share, making it essential to analyze the strengths and weaknesses of various players. Environmental concerns are increasingly relevant, as insurers must consider climate risks and sustainability in their analytics frameworks. Additionally, the global market relevance of insurance analytics is growing, as India is viewed as a burgeoning hub for data-driven insights, appealing to international players looking to invest. Understanding these factors will provide a comprehensive overview for anyone interested in the Insurance Analytics sector in India.


Insights about the Insurance Analytics results above

Some interesting numbers and facts about your company results for Insurance Analytics

Country with most fitting companiesIndia
Amount of fitting manufacturers423
Amount of suitable service providers441
Average amount of employees11-50
Oldest suiting company2003
Youngest suiting company2021

Frequently asked questions (FAQ) about Insurance Analytics Companies

Some interesting questions that has been asked about the results you have just received for Insurance Analytics

Based on our calculations related technologies to Insurance Analytics are Big Data, E-Health, Retail Tech, Artificial Intelligence & Machine Learning, E-Commerce

Start-Ups who are working in Insurance Analytics are AnalytIQBee, Veratas, RTBAnalytica

The most represented industries which are working in Insurance Analytics are IT, Software and Services, Finance and Insurance, Consulting, Research, Other

ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.

Insurance Analytics results by various countries

Related categories of Insurance Analytics