Insurance distribution solutions market to grow 14% CAGR

This is driven by demand from insurers to streamline distribution processes.

The global insurance distribution management solution market is projected to grow at a compound annual growth rate (CAGR) of 13.80% from 2024 to 2030, according to HTF Market Intelligence. 

This growth is driven by the increasing need for insurance companies to streamline distribution processes, reduce costs, improve efficiency, and manage an expanding number of sales channels.  

Emerging insurance markets present significant opportunities for distribution management solutions to enhance market reach and optimise operations. 

However, challenges such as the complexity of integrating these solutions with existing systems and legacy infrastructure, as well as the diversity of regulatory environments, pose hurdles for companies in this space.  

The market is expected to experience robust expansion as insurers seek innovative ways to address operational inefficiencies and capitalise on emerging trends.