The Nepalese government's announcement of a ban on unguided ascents of Everest is unlikely to make much difference to claims for injury, death or assistance
ITIJ’s regular features provide an in-depth exploration of issues unique to the global travel and health insurance industry. Each feature is written exclusively for ITIJ by industry writers or experts in their field.
The outbound travel market in India is set to grow more quickly than that of many more developed countries – but to what extent can travel insurers tap into this market?
ITIJ considers the health insurance needs of students who choose to study in other countries around the world, and the challenges associated with providing these unique policies
If America were full of Scandinavians, US travel insurance companies might well double or treble the value of the trip coverage they sell now.
With tech-hungry millennials now coming of age and travelling independently, app offerings from travel insurance and assistance providers have become essential rather than just ‘nice to have’. ITIJ found out what’s on the market and how far these apps go to meet the requirements of today's customers
Vast numbers of young people head to the US to further their education, and health insurance is a key consideration for them. There is plenty of opportunity for the providers of such policies to gain market share in this area
Finding a suitable underwriting partner can be a long, complicated journey. At some stage, most insurers will put together the inevitable ‘beauty parade’ of underwriters. With a wide range of choice and different operating models, how can you be sure that you have invited the right people in to pitch?
When an insurer partners with a financial services organisation, the prospects for increased sales are usually pretty good. For travel and health insurers, teaming up with banks around the world to create ‘bancassurance’ has led to mutually beneficial relationships that also help customers seeking coverage. Of course, there is always the potential that such relationships can sour
Lindsay Lehr identifies the opportunities and challenges of entering into, and operating in, the Latin American travel insurance marketplace.