PUBLISHER: TechNavio | PRODUCT CODE: 1937538
PUBLISHER: TechNavio | PRODUCT CODE: 1937538
Global Insurance Third Party Administrators Market 2026-2030
The global insurance third party administrators market is forecasted to grow by USD 135137.4 mn during 2025-2030, accelerating at a CAGR of 6.8% during the forecast period. The report on the global insurance third party administrators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by intensified strategic focus on core insurance competencies, proliferation of self-funded employer health plans, demand for advanced data analytics and reporting capabilities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 6.5% |
| CAGR | 6.8% |
| Incremental Value | $135137.4 mn |
Technavio's global insurance third party administrators market is segmented as below:
By Service Type
- Health plan administrators
- Workers compensation TPA
- Third party claims administration
By Type
- Large enterprises
- Small and medium enterprise
By Service
- Claims management
- Policy management
- Commission management
By Application
- Healthcare
- Construction
- Real estate
- Hospitality
- Others
Geography
- North America
- US
- Canada
- Mexico
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- Middle East and Africa
- UAE
- South Africa
- Turkey
- South America
- Brazil
- Argentina
- Chile
- Rest of World (ROW)
This study identifies the accelerated integration of artificial intelligence and advanced analytics as one of the prime reasons driving the global insurance third party administrators market growth during the next few years. Also, deepening specialization and expansion into niche markets and expansion of value-added services beyond core administration will lead to sizable demand in the market.
The report on the global insurance third party administrators market covers the following areas:
- Global insurance third party administrators market sizing
- Global insurance third party administrators market forecast
- Global insurance third party administrators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global insurance third party administrators market vendors that include CCMSI, Charles Taylor Ltd., Chubb Ltd., Corvel Corp., CVS Health Corp., Davies Group, ExlService Holdings Inc., Gallagher Bassett, Genpact Ltd., HealthComp LLC, NTT DATA Corp., Sedgwick, Sun Life Financial Inc., The Cigna Group, Trustmark, United Health Group Inc., Verity Solutions Group Inc.. Also, the global insurance third party administrators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Insurance Third Party Administrators Market 2020 - 2024
- Historic Market Size - Data Table on Global Insurance Third Party Administrators Market 2020 - 2024 ($ million)
- 5.2 Service Type segment analysis 2020 - 2024
- Historic Market Size - Service Type Segment 2020 - 2024 ($ million)
- 5.3 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
- 5.4 Service segment analysis 2020 - 2024
- Historic Market Size - Service Segment 2020 - 2024 ($ million)
- 5.5 Application segment analysis 2020 - 2024
- Historic Market Size - Application Segment 2020 - 2024 ($ million)
- 5.6 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.7 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI in global insurance third party administrators market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by Service Type
- 8.1 Market segments
- 8.2 Comparison by Service Type
- 8.3 Health plan administrators - Market size and forecast 2025-2030
- 8.4 Workers compensation TPA - Market size and forecast 2025-2030
- 8.5 Third party claims administration - Market size and forecast 2025-2030
- 8.6 Market opportunity by Service Type
- Market opportunity by Service Type ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- 9.2 Comparison by Type
- 9.3 Large enterprises - Market size and forecast 2025-2030
- 9.4 Small and medium enterprise - Market size and forecast 2025-2030
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
10 Market Segmentation by Service
- 10.1 Market segments
- 10.2 Comparison by Service
- 10.3 Claims management - Market size and forecast 2025-2030
- 10.4 Policy management - Market size and forecast 2025-2030
- 10.5 Commission management - Market size and forecast 2025-2030
- 10.6 Market opportunity by Service
- Market opportunity by Service ($ million)
11 Market Segmentation by Application
- 11.1 Market segments
- 11.2 Comparison by Application
- 11.3 Healthcare - Market size and forecast 2025-2030
- 11.4 Construction - Market size and forecast 2025-2030
- 11.5 Real estate - Market size and forecast 2025-2030
- 11.6 Hospitality - Market size and forecast 2025-2030
- 11.7 Others - Market size and forecast 2025-2030
- 11.8 Market opportunity by Application
- Market opportunity by Application ($ million)
12 Customer Landscape
- 12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
- 13.1 Geographic segmentation
- 13.2 Geographic comparison
- 13.3 North America - Market size and forecast 2025-2030
- 13.3.1 US - Market size and forecast 2025-2030
- 13.3.2 Canada - Market size and forecast 2025-2030
- 13.3.3 Mexico - Market size and forecast 2025-2030
- 13.4 APAC - Market size and forecast 2025-2030
- 13.4.1 China - Market size and forecast 2025-2030
- 13.4.2 Japan - Market size and forecast 2025-2030
- 13.4.3 India - Market size and forecast 2025-2030
- 13.4.4 South Korea - Market size and forecast 2025-2030
- 13.4.5 Australia - Market size and forecast 2025-2030
- 13.4.6 Indonesia - Market size and forecast 2025-2030
- 13.5 Europe - Market size and forecast 2025-2030
- 13.5.1 Germany - Market size and forecast 2025-2030
- 13.5.2 UK - Market size and forecast 2025-2030
- 13.5.3 France - Market size and forecast 2025-2030
- 13.5.4 Italy - Market size and forecast 2025-2030
- 13.5.5 Spain - Market size and forecast 2025-2030
- 13.5.6 The Netherlands - Market size and forecast 2025-2030
- 13.6 Middle East and Africa - Market size and forecast 2025-2030
- 13.6.1 Saudi Arabia - Market size and forecast 2025-2030
- 13.6.2 UAE - Market size and forecast 2025-2030
- 13.6.3 South Africa - Market size and forecast 2025-2030
- 13.6.4 Turkey - Market size and forecast 2025-2030
- 13.6.5 Israel - Market size and forecast 2025-2030
- 13.7 South America - Market size and forecast 2025-2030
- 13.7.1 Brazil - Market size and forecast 2025-2030
- 13.7.2 Argentina - Market size and forecast 2025-2030
- 13.7.3 Chile - Market size and forecast 2025-2030
- 13.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
14 Drivers, Challenges, and Opportunity
- 14.1 Market drivers
- Intensified strategic focus on core insurance competencies
- Proliferation of self-funded employer health plans
- Demand for advanced data analytics and reporting capabilities
- 14.2 Market challenges
- Navigating intensifying regulatory complexity and cybersecurity threats
- Adapting to technological disruption and drive for digital transformation
- Increasing margin compression and intensified competition
- 14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 14.4 Market opportunities
- Accelerated integration of artificial intelligence and advanced analytics
- Deepening specialization and expansion into niche markets
- Expansion of value-added services beyond core administration
15 Competitive Landscape
- 15.1 Overview
- 15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 15.3 Landscape disruption
- Overview on factors of disruption
- 15.4 Industry risks
- Impact of key risks on business
16 Competitive Analysis
- 16.1 Companies profiled
- Companies covered
- 16.2 Company ranking index
- Company ranking index
- 16.3 Market positioning of companies
- Matrix on companies position and classification
- 16.4 CCMSI
- CCMSI - Overview
- CCMSI - Product / Service
- CCMSI - Key offerings
- SWOT
- 16.5 Charles Taylor Ltd.
- Charles Taylor Ltd. - Overview
- Charles Taylor Ltd. - Product / Service
- Charles Taylor Ltd. - Key offerings
- SWOT
- 16.6 Chubb Ltd.
- Chubb Ltd. - Overview
- Chubb Ltd. - Business segments
- Chubb Ltd. - Key news
- Chubb Ltd. - Key offerings
- Chubb Ltd. - Segment focus
- SWOT
- 16.7 Corvel Corp.
- Corvel Corp. - Overview
- Corvel Corp. - Business segments
- Corvel Corp. - Key offerings
- Corvel Corp. - Segment focus
- SWOT
- 16.8 CVS Health Corp.
- CVS Health Corp. - Overview
- CVS Health Corp. - Business segments
- CVS Health Corp. - Key offerings
- CVS Health Corp. - Segment focus
- SWOT
- 16.9 Davies Group
- Davies Group - Overview
- Davies Group - Product / Service
- Davies Group - Key offerings
- SWOT
- 16.10 ExlService Holdings Inc.
- ExlService Holdings Inc. - Overview
- ExlService Holdings Inc. - Business segments
- ExlService Holdings Inc. - Key offerings
- ExlService Holdings Inc. - Segment focus
- SWOT
- 16.11 Genpact Ltd.
- Genpact Ltd. - Overview
- Genpact Ltd. - Business segments
- Genpact Ltd. - Key news
- Genpact Ltd. - Key offerings
- Genpact Ltd. - Segment focus
- SWOT
- 16.12 HealthComp LLC
- HealthComp LLC - Overview
- HealthComp LLC - Product / Service
- HealthComp LLC - Key offerings
- SWOT
- 16.13 NTT DATA Corp.
- NTT DATA Corp. - Overview
- NTT DATA Corp. - Business segments
- NTT DATA Corp. - Key news
- NTT DATA Corp. - Key offerings
- NTT DATA Corp. - Segment focus
- SWOT
- 16.14 Sedgwick
- Sedgwick - Overview
- Sedgwick - Product / Service
- Sedgwick - Key offerings
- SWOT
- 16.15 Sun Life Financial Inc.
- Sun Life Financial Inc. - Overview
- Sun Life Financial Inc. - Business segments
- Sun Life Financial Inc. - Key offerings
- Sun Life Financial Inc. - Segment focus
- SWOT
- 16.16 The Cigna Group
- The Cigna Group - Overview
- The Cigna Group - Business segments
- The Cigna Group - Key offerings
- The Cigna Group - Segment focus
- SWOT
- 16.17 United Health Group Inc.
- United Health Group Inc. - Overview
- United Health Group Inc. - Business segments
- United Health Group Inc. - Key offerings
- United Health Group Inc. - Segment focus
- SWOT
- 16.18 Verity Solutions Group Inc.
- Verity Solutions Group Inc. - Overview
- Verity Solutions Group Inc. - Product / Service
- Verity Solutions Group Inc. - Key offerings
- SWOT
17 Appendix
- 17.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 17.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 17.4 Research methodology
- Research methodology
- 17.5 Data procurement
- Information sources
- 17.6 Data validation
- Data validation
- 17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 17.8 Data synthesis
- Data synthesis
- 17.9 360 degree market analysis
- 360 degree market analysis
- 17.10 List of abbreviations
- List of abbreviations
