Global Claims Management Services Market Growth (Status and Outlook) 2025-2031

The global Claims Management Services market size is predicted to grow from US$ 28270 million in 2025 to US$ 53470 million in 2031; it is expected to grow at a CAGR of 11.2% from 2025 to 2031.

Claims management services refer to the process of handling insurance claims on behalf of policyholders or claimants. In the insurance industry, when individuals or businesses experience a loss covered by their insurance policies, they file a claim to seek compensation for the damages or losses incurred. Claims management services involve the entire lifecycle of a claim, from the initial reporting of the loss to the final settlement.

Increased use of automation technologies, including robotic process automation (RPA) and artificial intelligence (AI), to streamline routine tasks in claims processing, reducing manual effort and improving efficiency.

LPI (LP Information)' newest research report, the “Claims Management Services Industry Forecast” looks at past sales and reviews total world Claims Management Services sales in 2024, providing a comprehensive analysis by region and market sector of projected Claims Management Services sales for 2025 through 2031. With Claims Management Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Claims Management Services industry.

This Insight Report provides a comprehensive analysis of the global Claims Management Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Claims Management Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Claims Management Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Claims Management Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Claims Management Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Claims Management Services market by product type, application, key players and key regions and countries.

Segmentation by Type:
On-premise
Cloud-based

Segmentation by Application:
Personal
Enterprise

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Cerner
Oracle
Avaya
Accenture
Genpact
UNIQA
DXC Technology Company
Software AG
Hexaware Technologies, Inc.
HCL Technologies
Pegasystems Limited
International Business Machines (IBM) Corporation
Cognizant Technology
Colfax Corporation
McKesson
Optum

Please note: The report will take approximately 2 business days to prepare and deliver.