B2B2C Insurance Market Size, Share, Trends, & Industry Analysis Report By Insurance (Life Insurance and Non-life Insurance), By Distribution Channel, and By Region – Market Forecast, 2025–2034

The B2B2C insurance market size is expected to reach USD 7.05 Billion by 2034, according to a new study by Polaris Market Research. The report “B2B2C Insurance Market Share, Size, Trends, Industry Analysis Report: By Insurance (Life Insurance and Non-life Insurance), By Distribution Channel, and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

B2B2C insurance solutions provide efficient distribution of life and non-life insurance products through partnerships with banks, fintechs, e-commerce platforms, and agents. These solutions support insurers in reaching end consumers with personalized, flexible, and digitally enabled policies.

Market growth is driven by rising consumer awareness, increasing demand for financial protection, and expanding digital adoption. Moreover, integration of advanced analytics, mobile platforms, and partner-based distribution enhances policy management, customer engagement, and operational efficiency globally.

B2B2C Insurance Market Report Highlights

Based on insurance type, life insurance dominated in 2024, driven by long-term protection and widespread digital and partner-based adoption.

In terms of distribution channel, online distribution is expected to grow fastest due to seamless policy management and increasing e-commerce and fintech partnerships.

Asia Pacific dominated in 2024, fueled by digital adoption, government financial inclusion initiatives, and rising insurance awareness.

North America is projected to record the highest CAGR, supported by advanced technology adoption, strong regulatory frameworks, and increasing online policy usage.

Key players in the global market include UnitedHealth Group, Allianz SE, Berkshire Hathaway, AXA S.A., Ping An Insurance, China Life Insurance Group, Zurich Insurance Group, Prudential Financial, Munich Re, Swiss Re, American International Group (AIG), and Tokio Marine Holdings.

Polaris Market Research has segmented the market report based on type, end user, and region:

By Insurance Outlook (Revenue, USD Billion, 2020–2034)

Life Insurance

Non-life Insurance

Health Insurance

Property & Casualty Insurance

Travel Insurance

Motor Insurance

Specialty Insurance

Others

By Distribution Channel Outlook (Revenue, USD Billion, 2020–2034)

Online

Offline

Insurance Companies

Banks

Airlines

Insurance Aggregators and Comparison Websites

Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

North America

US

Canada

Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America Show more