Insurance Third Party Administration Market Size, Share, and Trends 2025 to 2034

The global insurance third party administration market size is calculated at USD 413.39 billion in 2025 and is forecasted to reach around USD 831.21 billion by 2034, accelerating at a CAGR of 8.07% from 2025 to 2034. The North America market size surpassed USD 164.48 billion in 2024 and is expanding at a CAGR of 8.20% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

Last Updated : July 2025  |  Report Code : 6325  |  Category : ICT  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Insurance Third Party Administration Market 

5.1. COVID-19 Landscape: Insurance Third Party Administration Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Insurance Third Party Administration Market, By Business Segment

8.1. Insurance Third Party Administration Market, by Business Segment

8.1.1. Life Health Insurance

8.1.1.1. Market Revenue and Forecast

8.1.2. Property Casualty Insurance

8.1.2.1. Market Revenue and Forecast

8.1.3. Travel Insurance

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Insurance Third Party Administration Market, By Service Type

9.1. Insurance Third Party Administration Market, by Service Type

9.1.1. Claims Management

9.1.1.1. Market Revenue and Forecast

9.1.2. Customer Service

9.1.2.1. Market Revenue and Forecast

9.1.3. Policy Administration

9.1.3.1. Market Revenue and Forecast

9.1.4. Underwriting Services

9.1.4.1. Market Revenue and Forecast

Chapter 10. Global Insurance Third Party Administration Market, By Technology 

10.1. Insurance Third Party Administration Market, by Technology

10.1.1. Cloud-based

10.1.1.1. Market Revenue and Forecast

10.1.2. Hybrid

10.1.2.1. Market Revenue and Forecast

10.1.3. On-Premise

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Insurance Third Party Administration Market, By Deployment Model

11.1. Insurance Third Party Administration Market, by Deployment Model

11.1.1. Co-sourced        

11.1.1.1. Market Revenue and Forecast

11.1.2. In-house

11.1.2.1. Market Revenue and Forecast

11.1.3. Outsourced

11.1.3.1. Market Revenue and Forecast

Chapter 12. Global Insurance Third Party Administration Market, By End-User

12.1. Insurance Third Party Administration Market, by End-User

12.1.1. Insurance Companies

12.1.1.1. Market Revenue and Forecast

12.1.2. Managing General Agents

12.1.2.1. Market Revenue and Forecast

12.1.3. Reinsurance Companies

12.1.3.1. Market Revenue and Forecast

Chapter 13. Global Insurance Third Party Administration Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Business Segment

13.1.2. Market Revenue and Forecast, by Service Type

13.1.3. Market Revenue and Forecast, by Technology

13.1.4. Market Revenue and Forecast, by Deployment Model

13.1.5. Market Revenue and Forecast, by End-User

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Business Segment

13.1.6.2. Market Revenue and Forecast, by Service Type

13.1.6.3. Market Revenue and Forecast, by Technology

13.1.6.4. Market Revenue and Forecast, by Deployment Model

13.1.6.5. Market Revenue and Forecast, by End-User  

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Business Segment

13.1.7.2. Market Revenue and Forecast, by Service Type

13.1.7.3. Market Revenue and Forecast, by Technology

13.1.7.4. Market Revenue and Forecast, by Deployment Model

13.1.7.5. Market Revenue and Forecast, by End-User

13.2. Europe

13.2.1. Market Revenue and Forecast, by Business Segment

13.2.2. Market Revenue and Forecast, by Service Type

13.2.3. Market Revenue and Forecast, by Technology

13.2.4. Market Revenue and Forecast, by Deployment Model  

13.2.5. Market Revenue and Forecast, by End-User  

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Business Segment

13.2.6.2. Market Revenue and Forecast, by Service Type

13.2.6.3. Market Revenue and Forecast, by Technology

13.2.7. Market Revenue and Forecast, by Deployment Model  

13.2.8. Market Revenue and Forecast, by End-User  

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Business Segment

13.2.9.2. Market Revenue and Forecast, by Service Type

13.2.9.3. Market Revenue and Forecast, by Technology

13.2.10. Market Revenue and Forecast, by Deployment Model

13.2.11. Market Revenue and Forecast, by End-User

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Business Segment

13.2.12.2. Market Revenue and Forecast, by Service Type

13.2.12.3. Market Revenue and Forecast, by Technology

13.2.12.4. Market Revenue and Forecast, by Deployment Model

13.2.13. Market Revenue and Forecast, by End-User

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Business Segment

13.2.14.2. Market Revenue and Forecast, by Service Type

13.2.14.3. Market Revenue and Forecast, by Technology

13.2.14.4. Market Revenue and Forecast, by Deployment Model

13.2.15. Market Revenue and Forecast, by End-User

13.3. APAC

13.3.1. Market Revenue and Forecast, by Business Segment

13.3.2. Market Revenue and Forecast, by Service Type

13.3.3. Market Revenue and Forecast, by Technology

13.3.4. Market Revenue and Forecast, by Deployment Model

13.3.5. Market Revenue and Forecast, by End-User

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Business Segment

13.3.6.2. Market Revenue and Forecast, by Service Type

13.3.6.3. Market Revenue and Forecast, by Technology

13.3.6.4. Market Revenue and Forecast, by Deployment Model

13.3.7. Market Revenue and Forecast, by End-User

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Business Segment

13.3.8.2. Market Revenue and Forecast, by Service Type

13.3.8.3. Market Revenue and Forecast, by Technology

13.3.8.4. Market Revenue and Forecast, by Deployment Model

13.3.9. Market Revenue and Forecast, by End-User

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Business Segment

13.3.10.2. Market Revenue and Forecast, by Service Type

13.3.10.3. Market Revenue and Forecast, by Technology

13.3.10.4. Market Revenue and Forecast, by Deployment Model

13.3.10.5. Market Revenue and Forecast, by End-User

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Business Segment

13.3.11.2. Market Revenue and Forecast, by Service Type

13.3.11.3. Market Revenue and Forecast, by Technology

13.3.11.4. Market Revenue and Forecast, by Deployment Model

13.3.11.5. Market Revenue and Forecast, by End-User

13.4. MEA

13.4.1. Market Revenue and Forecast, by Business Segment

13.4.2. Market Revenue and Forecast, by Service Type

13.4.3. Market Revenue and Forecast, by Technology

13.4.4. Market Revenue and Forecast, by Deployment Model

13.4.5. Market Revenue and Forecast, by End-User

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Business Segment

13.4.6.2. Market Revenue and Forecast, by Service Type

13.4.6.3. Market Revenue and Forecast, by Technology

13.4.6.4. Market Revenue and Forecast, by Deployment Model

13.4.7. Market Revenue and Forecast, by End-User

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Business Segment

13.4.8.2. Market Revenue and Forecast, by Service Type

13.4.8.3. Market Revenue and Forecast, by Technology

13.4.8.4. Market Revenue and Forecast, by Deployment Model

13.4.9. Market Revenue and Forecast, by End-User

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Business Segment

13.4.10.2. Market Revenue and Forecast, by Service Type

13.4.10.3. Market Revenue and Forecast, by Technology

13.4.10.4. Market Revenue and Forecast, by Deployment Model

13.4.10.5. Market Revenue and Forecast, by End-User

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Business Segment

13.4.11.2. Market Revenue and Forecast, by Service Type

13.4.11.3. Market Revenue and Forecast, by Technology

13.4.11.4. Market Revenue and Forecast, by Deployment Model

13.4.11.5. Market Revenue and Forecast, by End-User

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Business Segment

13.5.2. Market Revenue and Forecast, by Service Type

13.5.3. Market Revenue and Forecast, by Technology

13.5.4. Market Revenue and Forecast, by Deployment Model

13.5.5. Market Revenue and Forecast, by End-User

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Business Segment

13.5.6.2. Market Revenue and Forecast, by Service Type

13.5.6.3. Market Revenue and Forecast, by Technology

13.5.6.4. Market Revenue and Forecast, by Deployment Model

13.5.7. Market Revenue and Forecast, by End-User

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Business Segment

13.5.8.2. Market Revenue and Forecast, by Service Type

13.5.8.3. Market Revenue and Forecast, by Technology

13.5.8.4. Market Revenue and Forecast, by Deployment Model

13.5.8.5. Market Revenue and Forecast, by End-User

Chapter 14. Company Profiles

14.1. AmWins Group

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Aon

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Arthur J. Gallagher Co.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Brown Brown

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Gallagher

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. HUB International

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. USI Insurance Services

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. NFP

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Lockton

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. WTW

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global insurance third party administration market is expected to increase from USD 382.52 billion in 2024 to USD 831.21 billion by 2034.

The insurance third party administration market is expected to grow at a compound annual growth rate (CAGR) of around 8.07% from 2025 to 2034.

The major players in the insurance third party administration market include AmWins Group, Aon, Arthur J. Gallagher Co., Boll Branch, Brown Brown, Gallagher, HUB International, Lockton, Marsh McLennan Companies, NFP, Sedgwick, USI Insurance Services, Willis Towers Watson, and WTW.

The driving factors of the insurance third party administration market are the increasing corporate healthcare benefits is propelling the need for efficient claim adjudication and member services through TPAs.

North America region will lead the global insurance third party administration market during the forecast period 2025 to 2034.

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