Press Release
Singapore Insurtech Market Booms with AI & Digital Claims Surge
Pune, December 4, 2025 – Global Data Route Analytics has released its latest report titled "Singapore Insurtech Market Size By Insurance Type, Business Model, Technology, Application, and Forecast", providing a deep dive into Singapore’s rapidly evolving Insurtech landscape. The report highlights a remarkable growth projection from USD 139.8 Billion in 2024 to over USD 318.9 Billion by 2032, driven by a robust CAGR of 10.5% between 2025 and 2032.
For a free sample of the report, please contact us here
https://globaldatarouteanalytics.com/report/192/singapore-insurtech-market/download
The surge in personalized digital insurance solutions, AI-powered underwriting models, and real-time claims processing is revolutionizing the insurance ecosystem in Singapore. With a solid fintech infrastructure, collaborative regulatory support, and active participation from both startups and traditional insurers, Singapore has emerged as a hub for Insurtech innovation across life, health, and general insurance sectors.
The study segments the market by Component (Platforms, Services), Technology (AI, ML, Blockchain, Cloud, IoT, RPA), Deployment Mode (Cloud-Based, On-Premise), Application (Policy Admin, Claims, Risk, Sales, CX), and End User (Life, Non-Life, Reinsurance, Health Insurance). It also offers a global geographic breakdown and profiles 20+ players including Singlife with Aviva, bolttech, Igloo, PolicyPal, Shift Technology, Allianz, Swiss Re, Surer, and more.
For any inquiry related to this report, please click here
https://globaldatarouteanalytics.com/report/192/singapore-insurtech-market/inquiry
With insights spanning funding trends, competitive analysis, strategic initiatives, and forward-looking projections, the report empowers insurers, tech firms, and policymakers to capitalize on evolving digital-first insurance models and unlock growth opportunities in a customer-centric future.
For discounts related to this report, explore here
https://globaldatarouteanalytics.com/report/192/singapore-insurtech-market/discount
About the company
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics
