Thailand Online Insurance Market Takes Off: $5.7 Billion Boom by 2026 Fueled by Tech Savvy & Convenience: Ken Research [Yahoo! Finance]
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Source: Yahoo! Finance
tech-savvy population and a growing demand for convenient and affordable insurance solutions. Ken Research's " Thailand Online Insurance Market " report predicts a significant 5.7% CAGR , reaching a staggering $5.7 billion by 2026 . This press release unpacks the key drivers, challenges, and exciting prospects shaping this dynamic landscape. Market Overview: Insuring Convenience, Empowering Consumers Beyond simply offering online access to policies, the surge in online insurance plays a crucial role in increasing insurance penetration rates, providing consumers with greater choice and transparency, and driving financial inclusion. In 2021, the market reached a size of $2.7 billion , and it's poised for continued growth, fueled by: Tech-Savvy Generation: Rising internet and smartphone penetration, particularly among the younger population, drives online insurance adoption. Demand for Convenience: Consumers seek quick and easy access to policies, comparisons, and claims manageme
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