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Know About Travel Insurance Market Growth Drivers and Competitive Landscape Analysis, Market Size, Share, Growth Analysis and Global Forecast 2018-2022

Press Release   •   Apr 02, 2018 01:13 EDT

A series of unusual events of natural disasters and terrorist attacks, such as Ebola epidemic, Nepal earthquake, and the Paris attack has increased the usage of travel insurance policies. Moreover, factors, such as growth in tourism, the rise in globalization, and trade practices have made travel insurance industry more attractive. Travel insurance provides an extensive range of benefits for events, such as trip cancellation due to a medical emergency, loss of baggage, evacuation due to a medical condition or hijack, and loss of travel documents. However, it is considered as an unrequired expense by a large pool of travelers. Lack of awareness and guidance is a major factor that refrains travelers from opting for travel insurance.

The Travel Insurance Market is expected to grow at a CAGR of +8% during the forecast period.

A series of unusual events of natural disasters and terrorist attacks, such as Ebola epidemic, Nepal earthquake, and the Paris attack has increased the usage of travel insurance policies. Moreover, factors, such as growth in tourism, the rise in globalization, and trade practices have made travel insurance industry more attractive. Travel insurance provides an extensive range of benefits for events, such as trip cancellation due to a medical emergency, loss of baggage, evacuation due to a medical condition or hijack, and loss of travel documents. However, it is considered as an unrequired expense by a large pool of travelers. Lack of awareness and guidance is a major factor that refrains travelers from opting for travel insurance.

The study presents a qualitative and quantitative analysis of the market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted. The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the Travel Insurance Market or aspiring to enter it.

Companies Profiled In This Report:

CSA Travel Protection, USI Affinity, Seven Corners Inc., Travel Safe, MH Ross, Allianz Global Assistance, Travel Insured International, AIG Travel, and InsureandGo

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A deeper knowledge of the Travel Insurance Market could be attained through this report as the researchers have attempted to unveil important distributors and traders and vital factors such as market positioning and marketing channel. Readers have been offered with an intelligent analysis of marketing strategy for the sales while focusing on elements such as target client, brand strategy, and pricing strategy. With a view to helping understand the concept of a marketing channel for glass beads sales, the researchers have exposed some of the significant trends of marketing channel development, indirect marketing, and direct marketing.

Marketing strategies and marketing channels adopted by key companies are highlighted in the report. Corporations are concentrating on improving direct and indirect advertising strategies and develop various promotion channels, brand strategies, and pricing strategies. This statistical surveying report finds that major corporations functioning in the Travel Insurance Market are concentrating on acquiring a few startup companies in the near future. With this, the key companies will get a chance to focus on adopting new trends and innovations in the market products. Additionally, by merging with startups, leading companies are aiming to maintain their dominance in the global market.

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Reason to Access Travel Insurance Market Research Report:

Analysis of Travel Insurance Market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations. Through qualitative and quantitative analysis of key factors which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research is been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.

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Table of Contents:

Global Travel Insurance Market Research Report 2017

Chapter 1: Global Travel Insurance Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Market Competition by Manufacturers

Chapter 4: Global Production, Revenue (Value) by Region

Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Global Production, Revenue (Value), Price Trend by Type

Chapter 7: Global Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Travel Insurance Market Forecast

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