Growth is on the cards for the global travel insurance market
A report reveals that it is poised to grow by US$12.61 billion during the 2021 to 2025 period, and identifies some of the leading travel insurance market vendors
The report, Global Travel Insurance Market 2021-2025, released by reportlinker.com highlights the projected growth of the global travel insurance market over the next few years, while also detailing some of the key growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Among those factors identified as key growth drivers are the growing tourism and business travel and new technological developments; and some of the leading travel insurance players are identified as being:
- Allianz Group
- American Express Co.
- American International Group Inc.
- AXA Group
- Insure and Go Insurance Services Limited
- MH Ross
- Seven Corners Inc.
- Travel Insured International
- USI Insurance Services
- Zurich Insurance Co. Ltd
Read the full paper – which separates the market geographically, by traveller type, and which lists forthcoming growth opportunities – on ReportLinker’s website.
In the UK, the Post Office was recently crowned the best travel insurance provider by YourMoney.com.