Mon, 18 Jan 2021

Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider Travel Insurance market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Travel Insurance market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

Download Free Sample Copy of 'Travel Insurance market' Report @

https://reportocean.com/industry-verticals/sample-request?report_id=AMR1118

Travel insurance is an insurance product, which is designed to cover unforeseeable events incurred while travelling, either internationally or domestically. Generally, it provides coverages for emergency medical expenses, trip cancellation, flight delays, lost luggage, public liability, and other expenses to minimize the risks during travel. In addition, depending on coverages, travel insurance providers offer different plans by covering costs and losses associated with traveling.

Further, several intermediaries in distribution channel such as insurance aggregators, banks, insurance brokers providing consumers with various options to compare products and prices, suggest suitable policies, and others. Moreover, international travel insurance is mandatory for tourists who visit countries such as Thailand, Cuba, Antarctica, Schengen countries, the U.S., and UAE.

Increased usage of smartphones and internet for online travel insurance purchases via direct airline sites, online travel agencies (OTAs), and company websites & applications are gaining momentum space and are contributing to the growth of the online travel insurance market. In addition, rise in tourism due to an increase in disposable income, easy online travel bookings, package holidays, extensive coverage of holidays, and others also drive the market growth.

With an increase in tourism, several incidences such as trip cancellations, loss of luggage & important documents, medical emergencies, and others take place. To mitigate these risks, consumers opt for travel insurance, which is a significant driving factor for the travel insurance market. However, lack of awareness toward travel insurance policies, low consumer experiences in terms of coverages, premium rates, and services by third-party providers of travel insurance remains a primary concern, as a result, these factors limit the growth of travel insurance premium in the market.

On the contrary, technological developments such as geo-location, application program interface (API), artificial intelligence (AI), data analytics, and global positioning system (GPS) among others are providing innovative opportunities for insurers in the market. The insurers are expected to enhance existing distribution platforms of travel insurance to accelerate productivity and provide seamless user experiences with the help of digital technologies. Thus, these factors are expected to provide lucrative opportunities during the forecast period.

The global travel insurance market is segmented on the basis of insurance cover, distribution channel, end user, and region. In terms of insurance cover, it is segmented into single trip travel insurance, annual multi-trip travel insurance, and long-stay travel insurance. Based on distribution channel, the market is segmented into insurance intermediaries, insurance companies, banks, insurance brokers, and insurance aggregators. On the basis of end user, it is segmented into senior citizens, education travelers, business travelers, family travelers, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the global travel insurance market analysis are Allianz Group, American International Group Inc., Assicurazioni Generali S.P.A, AXA, Insure & Go Insurance Services Limited, Seven Corners Inc., Travel Insured International, TravelSafe Insurance., USI Insurance Services, Zurich Insurance Co. Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits For Stakeholders

- The study provides an in-depth analysis of the global travel insurance market along with the current & future trends to elucidate the imminent investment pockets.

- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.

- Porter;s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

- The quantitative analysis of the global travel insurance market from 2020 to 2027 is provided to determine the market potential.

Travel Insurance Market Key Segments

By Insurance Cover

- 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 User

- Senior Citizens

- Education Travelers

- Business Travelers

- Family Travelers

- Others

Key Market Players

- Allianz Group

- American International Group Inc.

- Assicurazioni Generali S.P.A

- AXA

- Insure & Go Insurance Services Limited

- Seven Corners Inc.

- Travel Insured International

- TravelSafe Insurance.

- USI Insurance Services

- Zurich Insurance Co. Limited

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario

Market Behavior/ Level of Risk and Opportunity

End Industry Behavior/ Opportunity Assessment

Expected Industry Recovery Timeline

Business Impact Horizon

Opening of Economy by Q3 2020

xx

xx

xx

xx

Recovery - Opening of Economy extended till Q4 2020 / Q1 2021

xx

xx

xx

xx

Under COVID-19 Outbreak Impact Analysis:

We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.

The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

For more information or any query mail at sales@reportocean.com

Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter's Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

(Check Our Exclusive Offer: 30% to 40% Discount)

https://reportocean.com/industry-verticals/sample-request?report_id=AMR1118

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

  • To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
  • To understand the structure of market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

The Study Explore COVID 19 Outbreak Impact Analysis

  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What's market competition in this industry, both company, and country wise? What's market analysis by taking applications and types in consideration?

Inquire more and share questions if any before the purchase on this report at

https://reportocean.com/industry-verticals/sample-request?report_id=AMR1118

Key Points Covered in Travel Insurance Market Report:

CHAPTER 1:INTRODUCTION

1.1.Report description

1.2.Key benefits for stakeholders

1.3.Key market segments

1.4.Research methodology

1.4.1.Secondary research

1.4.2.Primary research

1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors

2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope

3.2.Key forces shaping the travel insurance market

3.3.Value chain analysis

3.3.1.Product design

3.3.2.Pricing & underwriting

3.3.3.Distribution

3.3.4.Administration & claims management

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Rapid growth in tourism

3.4.1.2.Convenient shopping due to online comparison sites

3.4.1.3.Travel rule and regulations

3.4.2.Restraint

3.4.2.1.Lack of awareness regarding travel insurance policy

3.4.3.Opportunities

3.4.3.1.Expansion of products and services

3.4.3.2.New technological developments in the travel insurance industry

3.5.COVID-19 impact analysis on travel insurance market

3.5.1.Impact on travel & tourism industry

3.5.2.Impact on travel insurance market size

3.5.3.Change in travelers trends, preferences, and budget impact due to COVID-19

3.5.4.Framework for solving market challenges faced by travel insurance providers and policy adopters

3.5.5.Economic impact on travel insurers

3.5.6.Key player strategies to tackle negative impact in the industry

3.5.7.Opportunity analysis for travel insurance policy providers

CHAPTER 4:TRAVEL INSURANCE MARKET, BY INSURANCE COVER

4.1.Overview

4.2.Single-trip travel insurance

4.2.1.Key market trends, growth factors, and opportunities

4.2.2.Market size and forecast, by region

4.2.3.Market analysis, by country

4.3.Annual multi-trip travel insurance

4.3.1.Key market trends, growth factors, and opportunities

4.3.2.Market size and forecast, by region

4.3.3.Market analysis, by country

4.4.Long-stay travel insurance

4.4.1.Key market trends, growth factors, and opportunities

4.4.2.Market size and forecast, by region

4.4.3.Market analysis, by country

CHAPTER 5:TRAVEL INSURANCE MARKET, BY DISTRIBUTION CHANNEL

5.1.Overview

5.2.Insurance intermediaries

5.2.1.Key market trends, growth factors, and opportunities

5.2.2.Market size and forecast, by region

5.2.3.Market analysis, by country

5.3.Insurance companies

5.3.1.Key market trends, growth factors, and opportunities

5.3.2.Market size and forecast, by region

5.3.3.Market analysis, by country

5.4.Banks

5.4.1.Key market trends, growth factors, and opportunities

5.4.2.Market size and forecast, by region

5.4.3.Market analysis, by country

5.5.Insurance brokers

5.5.1.Key market trends, growth factors, and opportunities

5.5.2.Market size and forecast, by region

5.5.3.Market analysis, by country

5.6.Insurance aggregators

5.6.1.Key market trends, growth factors, and opportunities

5.6.2.Market size and forecast, by region

5.6.3.Market analysis, by country

CHAPTER 6:TRAVEL INSURANCE MARKET, BY END USER

6.1.Overview

6.2.Senior citizens

6.2.1.Key market trends, growth factors, and opportunities

6.2.2.Market size and forecast, by region

6.2.3.Market analysis, by country

6.3.Education travelers

6.3.1.Key market trends, growth factors, and opportunities

6.3.2.Market size and forecast, by region

6.3.3.Market analysis, by country

6.4.Business travelers

6.4.1.Key market trends, growth factors, and opportunities

6.4.2.Market size and forecast, by region

6.4.3.Market analysis, by country

6.5.Family travelers

6.5.1.Key market trends, growth factors, and opportunities

6.5.2.Market size and forecast, by region

6.5.3.Market analysis, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities

6.6.2.Market size and forecast, by region

6.6.3.Market analysis, by country

CHAPTER 7:TRAVEL INSURANCE MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities

7.2.2.Market size and forecast, by insurance cover

7.2.3.Market size and forecast, by distribution channel

7.2.4.Market size and forecast, by end user

7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by insurance cover

7.2.5.1.2.Market size and forecast, by distribution channel

7.2.5.1.3.Market size and forecast, by end user

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by insurance cover

7.2.5.2.2.Market size and forecast, by distribution channel

7.2.5.2.3.Market size and forecast, by end user

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by insurance cover

7.2.5.3.2.Market size and forecast, by distribution channel

7.2.5.3.3.Market size and forecast, by end user

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities

7.3.2.Market size and forecast, by insurance cover

7.3.3.Market size and forecast, by distribution channel

7.3.4.Market size and forecast, by end user

7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by insurance cover

7.3.5.1.2.Market size and forecast, by distribution channel

7.3.5.1.3.Market size and forecast, by end user

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by insurance cover

7.3.5.2.2.Market size and forecast, by distribution channel

7.3.5.2.3.Market size and forecast, by end user

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by insurance cover

7.3.5.3.2.Market size and forecast, by distribution channel

7.3.5.3.3.Market size and forecast, by end user

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by insurance cover

7.3.5.4.2.Market size and forecast, by distribution channel

7.3.5.4.3.Market size and forecast, by end user

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by insurance cover

7.3.5.5.2.Market size and forecast, by distribution channel

7.3.5.5.3.Market size and forecast, by end user

7.3.5.6.Netherlands

7.3.5.6.1.Market size and forecast, by insurance cover

7.3.5.6.2.Market size and forecast, by distribution channel

7.3.5.6.3.Market size and forecast, by end user

7.3.5.7.Rest of Europe

7.3.5.7.1.Market size and forecast, by insurance cover

7.3.5.7.2.Market size and forecast, by distribution channel

7.3.5.7.3.Market size and forecast, by end user

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities

7.4.2.Market size and forecast, by insurance cover

7.4.3.Market size and forecast, by distribution channel

7.4.4.Market size and forecast, by end user

7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by insurance cover

7.4.5.1.2.Market size and forecast, by distribution channel

7.4.5.1.3.Market size and forecast, by end user

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by insurance cover

7.4.5.2.2.Market size and forecast, by distribution channel

7.4.5.2.3.Market size and forecast, by end user

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by insurance cover

7.4.5.3.2.Market size and forecast, by distribution channel

7.4.5.3.3.Market size and forecast, by end user

7.4.5.4.Australia

7.4.5.4.1.Market size and forecast, by insurance cover

7.4.5.4.2.Market size and forecast, by distribution channel

7.4.5.4.3.Market size and forecast, by end user

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by insurance cover

7.4.5.5.2.Market size and forecast, by distribution channel

7.4.5.5.3.Market size and forecast, by end user

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities

7.5.2.Market size and forecast, by insurance cover

7.5.3.Market size and forecast, by distribution channel

7.5.4.Market size and forecast, by end user

7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by insurance cover

7.5.5.1.2.Market size and forecast, by distribution channel

7.5.5.1.3.Market size and forecast, by end user

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by insurance cover

7.5.5.2.2.Market size and forecast, by distribution channel

7.5.5.2.3.Market size and forecast, by end user

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by insurance cover

7.5.5.3.2.Market size and forecast, by distribution channel

7.5.5.3.3.Market size and forecast, by end user

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2019

8.1.2.Top winning strategies

CHAPTER 9:COMPANY PROFILES

9.1.ALLIANZ GROUP

9.1.1.Company overview

9.1.2.Company snapshot

9.1.3.Operating business segments

9.1.4.Product portfolio

9.1.5.Business performance

9.1.6.Key strategic moves and developments

9.2.AMERICAN INTERNATIONAL GROUP, INC.

9.2.1.Company overview

9.2.2.Company snapshot

9.2.3.Operating business segments

9.2.4.Product portfolio

9.2.5.Business performance

9.2.6.Key strategic moves and developments

9.3.AXA

9.3.1.Company overview

9.3.2.Company snapshot

9.3.3.Operating business segments

9.3.4.Product portfolio

9.3.5.Business performance

9.3.6.Key strategic moves and developments

9.4.ASSICURAZIONI GENERALI S.P.A.

9.4.1.Company overview

9.4.2.Company snapshot

9.4.3.Product portfolio

9.4.4.Business performance

9.4.5.Key strategic moves and developments

9.5.INSURE & GO INSURANCE SERVICES LIMITED

9.5.1.Company overview

9.5.2.Company snapshot

9.5.3.Product portfolio

9.6.SEVEN CORNERS INC.

9.6.1.Company overview

9.6.2.Company snapshot

9.6.3.Product portfolio

9.6.4.Key strategic moves and developments

9.7.TRAVEL INSURED INTERNATIONAL

9.7.1.Company overview

9.7.2.Company snapshot

9.7.3.Product portfolio

9.7.4.Key strategic moves and developments

9.8.TRAVELSAFE INSURANCE

9.8.1.Company overview

9.8.2.Company snapshot

9.8.3.Product portfolio

9.9.USI INSURANCE SERVICES

9.9.1.Company overview

9.9.2.Company snapshot

9.9.3.Product portfolio

9.10.ZURICH INSURANCE CO. LIMITED

9.10.1.Company overview

9.10.2.Company snapshot

9.10.3.Operating business segments

9.10.4.Product portfolio

9.10.5.Business performance

9.10.6.Key strategic moves and developments

........and view more in complete table of Contents

Browse Premium Research Report with Tables and Figures at @ https://reportocean.com/industry-verticals/sample-request?report_id=AMR1118

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believe in providing the quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is "one-stop solution" for individuals, organizations, and industries that are looking for innovative market research reports.

Tags: , , , , , , , , , ,

See Campaign: https://www.reportocean.com/Contact Information:Get in Touch with Us:

Report Ocean

Email: sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 - UNITED STATES

Tel: +1 888 212 3539 (US - TOLL FREE)

Website: https://www.reportocean.com/

Blog: https://reportoceanblog.com/Tags:, IPS, Reportedtimes, iCN Internal Distribution, Research Newswire, Englishimage

Contact Information:

Get in Touch with Us:

Report Ocean

Email: sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, IIIinois 60611 - UNITED STATES

Tel: +1 888 212 3539 (US - TOLL FREE)

Website: https://www.reportocean.com/

Blog: https://reportoceanblog.com/

Sign up for Boston News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!