What’s Next for the South Korea Insurance TPA Market? Key Findings and Future Projections

According to the study by Next Move Strategy Consulting, the South Korea Insurance TPA Market size is predicted to reach USD 24.82 billion at a CAGR of 11.0% till 2030.

South Korea has one of the fastest-aging populations globally. According to a report by Statistics Korea, the number of people aged 65 and older in South Korea was 8.53 million.

Many policyholders and insurers in the country prefer to handle claims and services directly, that limits the demand for Third Party Administrators (TPAs). 

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