World App Domination: How Mobile Apps Are Shaping Business Insurance Solutions
Apps are no doubt taking over the world, with digital platforms increasingly influencing how we manage everything—from entertainment to business insurance solutions.
We use Apps to plan our work and social lives, track fitness, manage health, and even interact with service providers—including those offering short-term insurance and business insurance solutions tailored for the modern world.
What Global App Stats Tell Us About Digital Shifts in Insurance
Let’s look at the stats to really see how Apps are taking over the Globe on a massive scale!
Top App Downloads for 2020:
- TikTok – 850 million downloads
- WhatsApp – 600 million downloads
- Facebook – 540 million downloads
- Instagram – 503 million downloads
- Zoom – 477 million downloads
- Messenger – 404 million downloads
- Snapchat – 281 million downloads
- Telegram- 256 million downloads
- Google Meet – 254 million downloads
- Netflix – 223 million downloads
Below are the top 10 apps by download for 2021-
- Tik Tok
- You Tube
- HBO Max
- Facebook Messenger
- Snap Chat
- Zoom
- Cash App
- Netflix
The top 10 apps by revenue were dominated by streaming media companies and dating apps:
- You Tube
- HBO Max
- Tinder
- Disney+
- Twitch
- Pandora Music
- Google One
- BIG LIVE
- Hulu
- Bumble App
2021 Stats-
“The global app market broke its all-time record for spend again,” App Annie says. At $34 Billion, the 2nd quarter total was around $7 billion up on the 2nd quarter total for 2020 and $2 Billion up on the 1st quarter for 2020.
By these stats we can really see the direction our world is moving on the digital front, all this progress is generating huge revenue and making our lives faster, more efficient and instant gratification is what we expect.
But what does this mean for us as individuals and business owners who rely on business insurance solutions or manage properties requiring sectional title insurance? Technology helps—but personal service still matters.
These figures show a shift that even industries like insurance must respond to—prompting companies like SBS, Specialised Broker Services to adopt digital strategies while still offering personalised service for business insurance solutions and sectional title insurance.
Balance is key, we need to keep up with technology but at the same time we cannot leave humanity behind, it is important for us to keep up and stay connected and progress with new technology, but as business owners, service providers, and individuals, we cannot lose our human touch, our face-to-face connections our personal interaction and non-automated responses.
Life is all about balance and vision.
Here at SBS, Specialised Broker Services, we believe in embracing progress and technology—but we never compromise on the personal touch. Whether it’s sectional title insurance or our broader business insurance solutions, you’ll always have a hands-on broker by your side.
At the end of the day people to business with people, not Apps.
Can you speak INSURANCE?
Definition of the week.
Period of insurance (“POI”) :
This is the period for which you have cover, beginning with the start date and ending with the expiry date of the policy, as stated in your policy, and for which premium has been received by the insurer.
