Global Insurance Actuarial Modeling Software Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Insurance Actuarial Modeling Software market size was valued at US$ 515 million in 2024 and is forecast to a readjusted size of USD 821 million by 2031 with a CAGR of 6.7% during review period.

Insurance actuarial modeling software is a crucial tool in the insurance industry, helping actuaries assess risks, price policies, and forecast finances. It can handle various data formats such as text, digital images, XML, PDF, etc. It performs real - time and batch aggregation of relevant data, including underwriting data, claim data, corporate financial performance data, etc. It also conducts AI - based data pre - processing and validation, and centrally stores the collected data. It supports the creation of custom actuarial models with user - defined parameters, provides AI - based recommendations on relevant parameters, and automatically converts created models into customizable templates. It also enables collaborative model creation and editing, automated model version control, and real - time evaluation and monitoring of model biases and variances.



This report is a detailed and comprehensive analysis for global Insurance Actuarial Modeling Software market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Insurance Actuarial Modeling Software market size and forecasts, in consumption value ($ Million), 2020-2031

Global Insurance Actuarial Modeling Software market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Insurance Actuarial Modeling Software market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Insurance Actuarial Modeling Software market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Insurance Actuarial Modeling Software

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Insurance Actuarial Modeling Software market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Moody's, FIS Prophet, SAS, Aon, WNS, AXIS actuarial system, Milliman, Akur8, RNA Analytics, Stoch Analytics, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Insurance Actuarial Modeling Software market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
On-premises
Cloud Based

Market segment by Application
SMEs
Large Enterprises

Market segment by players, this report covers
Moody's
FIS Prophet
SAS
Aon
WNS
AXIS actuarial system
Milliman
Akur8
RNA Analytics
Stoch Analytics
Montoux
Addactis
Slope Software
Insureware

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Insurance Actuarial Modeling Software product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Insurance Actuarial Modeling Software, with revenue, gross margin, and global market share of Insurance Actuarial Modeling Software from 2020 to 2025.

Chapter 3, the Insurance Actuarial Modeling Software competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Insurance Actuarial Modeling Software market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Insurance Actuarial Modeling Software.

Chapter 13, to describe Insurance Actuarial Modeling Software research findings and conclusion.