HIS Processing Corp. Outlines Their Competitive Advantage in the Global InsurTech Market

The Huggy Insurance application aims to revolutionize the way consumers choose health insurance by allowing them to compare the features and costs of multiple health insurance policies on the market to find the one that best meets their needs.
 
VANCOUVER, British Columbia - Jan. 4, 2023 - PRLog -- The global InsurTech market size was valued at USD 2.72 billion in 2020. It is expected to expand at a compound annual growth rate of 48.8% from 2021 to 2028. The market size of InsurTech is constantly growing and evolving as more and more insurance companies adopt new technologies to streamline their operations and better serve their customers. The North American InsurTech market is driven by factors such as the increasing adoption of digital technologies in the insurance industry, the rising demand for advanced and personalized insurance products, and the growing need for cost-effective and efficient insurance operations.

Huggy Insurance mobile application could be a valuable resource for people in Canada who are interested in managing their health and comparing different healthcare policies. The app, which is currently in development, will analyze medical parameters from various sources, including wearables, to provide users with a comprehensive view of their health. By analyzing users' medical data, the app can recommend policies specifically tailored to their needs, helping consumers make more informed decisions about their healthcare. Huggy Insurance offers a convenient way to get insurance, receive coverage and schedule medical appointments. The startup's services won't be limited to just selling medical insurance policies; the app offers many useful features like treatment history, prescriptions, and the ability to schedule medical appointments on the go. Moreover, insurers who are not ready to offer mobile solutions and automate their processes to some extent may be unable to keep up with the crisis and its aftermath.

HIS Processing Corp.: HIS Processing Corp. is doing business as Huggy Insurance. Huggy Insurance is a cloud-based health insurance mobile application that provides medical help, risk analysis and coverage solutions that smoothly adjust to changing life situations. (http://huggyinsurance.com/)

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Tags:Health Insurance Application
Industry:Health
Location:Vancouver - British Columbia - Canada
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