05:47 ET
Microinsurance Market Growing at 6% CAGR to 2030 as North America Leads and Digital Access Expands, Says a 2025 Mordor Intelligence Report
The microinsurance market is projected to grow at a 5.97% CAGR, reaching USD 98.56 billion by 2030, driven by digital access and insurtech innovations. North America leads the market, while Asia-Pacific is the fastest-growing region. Key growth drivers include mobile-enabled access, climate-focused parametric coverage, and regulatory support. Major players include Allianz, AXA, and Zurich Insurance Group.
