Travel Insurance Industry Overview

Global Travel Insurance Industry 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, published by Maximize Industry Research, is the culmination of thorough primary and secondary research. The report provides a detailed analysis of regional insights into the Travel Insurance Industry, and its changing trends, industry environment, and all of the Industry-leading key players. The research approach was used to investigate the global Travel Insurance Industry, and the results were logically presented in the report.

Travel Insurance Industry Scope

MMR’s research is a detailed analysis of the Travel Insurance Industry and identifies all of the top major companies in the global Industry based on variables such as volume, value, Industry share, strategies, and growth in the industry. The research also includes tactics for both existing industry participants and those looking to enter the Industry i.e. new Industry entrants. The summarization is predicted to aid and boost the Industry standing. The report includes Industry revenue by region and country. Various Industry segments are included in the region by type and end users.

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Segmentation : 

Based on Insurance Coverage, The market is divided into three sections based on insurance coverage: single-trip travel insurance, annual multi-trip travel insurance, and long-stay travel insurance. The single-trip travel insurance segment dominated the market with a share of 60.1% and is expected to grow at the fastest CAGR of 16.0% during the forecast period. The growth of the single-trip travel insurance segment can be attributed to factors such as baggage loss, emergency dental treatment costs, personal liability cover, fire cover, trip interruption or cancellation, missed flight connection, and many other services. Moreover, the annual multi-trip travel insurance segment is expected to grow at a CAGR of 15.3% during the forecast period. The increasing demand among business people, travellers, and other groups who make multiple trips per year can be attributed to the segment's growth.

by Insurance Coverage

• Single-trip Travel Insurance

• Annual Multi-trip Travel Insurance

• Long-stay Travel Insurance

by Distribution Channel

• Insurance Intermediaries

• Insurance Companies

• Banks

• Insurance Brokers

• Insurance Aggregators

by End-Users

• Education Travelers

• Business Travelers

• Senior Citizens

• Family Travelers

• Others

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Key Players

• ASSICURAZIONI GENERALI S.P.A.

• USI Insurance Services, LLC

• battleface

• Insure & Go Insurance Services Limited

• Seven Corners Inc.

• Travel Insured International

• Zurich

• Delphi Financial Group, Inc.

• Ping An Insurance (Group) Company of China, Ltd.

• Allianz Group

• Munchener-Ruck-Gruppe

• Talanx Konzern

• R+V Konzern

• Generali Deutschland AG

• AXA Konzern AG

• Bayern

Regional Analysis

The report provides the global Travel Insurance Industry’s growth pattern in detail. The report on the Travel Insurance Industry demonstrates the most significant regions, which include 5 regions, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis are some of the major and important indicators used during the forecast of Travel Insurance Industry for each country.

Key Questions answered in the Travel Insurance Industry Report are:

• What is Travel Insurance Industry?

• What is the forecast period of the Industry?

• What is the competitive scenario of the Industry?

• Which region held the largest Industry share in the Industry?

• What are the opportunities for the Industry?

• What are the restraining factors in the Industry?

• Who are the key players of the Industry?

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Key offerings:

• Industry Share, Size, and Forecast by Revenue|2022-2029

• Industry Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends

• Industry Segmentation: A detailed analysis by Travel Insurance

• Landscape- Leading key players and other prominent key players.

Maximize Industry Research is a multifaceted Industry research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Industry-verified industry estimations, technical trend analysis, crucial Industry research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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