Global Single Trip Travel Insurance Industry to 2030

0

DUBLIN, March 29, 2022 /PRNewswire/ — The “Single Trip Travel Insurance Market by Distribution Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to from ResearchAndMarkets.com offer.

Research_and_Markets_Logo

A single trip travel insurance policy provides coverage for domestic or international travel. The policy will last until the traveler returns home from the trip.

All insurance companies have a cap on the number of days that should be counted as one trip. The single trip insurance policy covers the expenses and losses of an international trip or a domestic trip. Generally, the insurance policy covers 180 days. However, the period of cover will depend on the insurer.

Rapid growth in tourism and increased use of digital distribution channels among insurers is driving the growth of the global one-way travel insurance market. Additionally, favorable government regulation of travel insurance is having a positive impact on the growth of the market. However, lack of awareness of single trip travel insurance policy is hampering the growth of the market. On the contrary, the introduction of new products and services and new technological developments in the travel insurance industry are expected to provide remunerative opportunities for the expansion of the single travel insurance market size over the period. forecast.

The one-way travel insurance market is segmented into distribution channel, end user, and region. According to the distribution channel, the market is divided into insurance intermediaries, insurance companies, banks, insurance brokers and insurance aggregators. In terms of end user, it differentiates into seniors, study travellers, business travellers, family travellers, and others. Region wise it is analyzed through North America, Europe, Asia Pacificand LAMEA.

Some of the major players operating in the global one-way travel insurance market include AGA Service Company, Bajaj Allianz General Insurance Company, Care Health Insurance, GeoBlue, HDFC ERGO General Insurance Company Limited, ICICI Lombard General Insurance Company Ltd., IFFCO- Tokio General Insurance Company Limited, National, Reliance General Insurance and World Nomads Travel Insurance. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits

  • The study provides an in-depth analysis of the global Single Trip Travel Insurance market forecast along with current and future trends to explain the impending investment pockets.

  • Information on major drivers, restraints and opportunities and their impact analysis on the global one-way travel insurance market trends are provided in the report.

  • Porter’s Five Forces Analysis illustrates the power of buyers and providers operating in the one-way travel insurance industry.

  • Quantitative analysis of the one-way travel insurance market share from 2021 to 2030 is provided to determine the market potential

Main topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Definition and scope of the market
3.2. Porter’s Five Forces Analysis
3.1. Market dynamics
3.1.1. Drivers
3.1.1.1. Rapid growth in tourism
3.1.1.2. Increase in the use of the digital distribution channel among insurers
3.1.1.3. Favorable government regulations for travel insurance
3.1.2. Detention
3.1.2.1. Unawareness of one way travel insurance policy
3.1.3. Opportunities
3.1.3.1. Presentation of new products and services
3.1.3.2. New technological developments in the travel insurance industry
3.1. Impact Analysis of COVID-19 on the One-Way Travel Insurance Market
3.1.1. Impact on the travel and tourism industry
3.1.2. Impact on One Way Travel Insurance Market Size
3.1.3. Change in traveler trends, preferences and budget impact due to COVID-19
3.1.4. Framework for solving market challenges faced by travel insurance providers and policy adopters
3.1.5. Economic impact on travel insurers
3.1.6. Strategies of key players to combat the negative impact in the industry

CHAPTER 4: GLOBAL ONE-WAY TRAVEL INSURANCE MARKET, BY DISTRIBUTION CHANNEL
4.1. Overview
4.2. Insurance intermediaries
4.2.1. Key Market Trends, Growth Drivers and Opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Insurance companies
4.3.1. Key Market Trends, Growth Drivers and Opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Banks
4.4.1. Key Market Trends, Growth Drivers and Opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Insurance brokers
4.5.1. Key Market Trends, Growth Drivers and Opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
4.6. Insurance aggregators
4.6.1. Key Market Trends, Growth Drivers and Opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country

CHAPTER 5: GLOBAL SINGLE TRIP INSURANCE MARKET, BY END USER
5.1. Overview
5.2. The elderly
5.2.1. Key Market Trends, Growth Drivers and Opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Education Travelers
5.3.1. Key Market Trends, Growth Drivers and Opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. business travelers
5.4.1. Key Market Trends, Growth Drivers and Opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Family travelers
5.5.1. Key Market Trends, Growth Drivers and Opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
5.6. Others
5.6.1. Key Market Trends, Growth Drivers and Opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country

CHAPTER 6: SINGLE TRIP TRAVEL INSURANCE MARKET, BY REGION

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. introduction
7.1.1. Positioning of market players, 2020
7.2. Competitive Dashboard
7.2.1. The best winning strategies

CHAPTER 8: COMPANY PROFILES
8.1. AGA Service Company
8.1.1. Company presentation
8.1.2. Company overview
8.1.3. Operating business areas
8.1.4. Product portfolio
8.1.5. Company Performance
8.1.6. Key strategic moves and developments
8.2. Bajaj Allianz General Insurance Company
8.2.1. Company presentation
8.2.2. Company overview
8.2.3. Product portfolio
8.2.4. Key strategic moves and developments
8.3. Health Insurance
8.3.1. Company presentation
8.3.2. Company overview
8.3.3. Product portfolio
8.4. GeoBlue
8.4.1. Company presentation
8.4.2. Company overview
8.4.3. Product portfolio
8.5. HDFC ERGO General Insurance Company Limited
8.5.1. Company presentation
8.5.2. Company overview
8.5.3. Operating business areas
8.5.4. Product portfolio
8.5.5. Company Performance
8.6. ICICI Lombard General Insurance Company SA
8.6.1. Company presentation
8.6.2. Company overview
8.6.3. Product portfolio
8.7. IFFCO-Tokio General Insurance Company Limited
8.7.1. Company presentation
8.7.2. Company overview
8.7.3. Product portfolio
8.7.4. Company Performance
8.8. National Mutual
8.8.1. Company presentation
8.8.2. Company overview
8.8.3. Product portfolio
8.9. Reliance General Insurance Company Limited
8.9.1. Company presentation
8.9.2. Company overview
8.9.3. Product portfolio
8.10. world nomads
8.10.1. Company presentation
8.10.2. Company overview
8.10.3. Product portfolio

For more information on this report, visit https://www.researchandmarkets.com/r/788cto

Media Contact:

Research and Markets
Laura Woodsenior
press@researchandmarkets.com

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1904
Fax (outside the US): +353-1-481-1716

Quote

Quote

Show original content:https://www.prnewswire.com/news-releases/worldwide-single-trip-travel-insurance-industry-to-2030—featuring-aga-service-care-health-insurance-and-geoblue-among- others-301512765.html

SOURCE Research and Markets

Share.

Comments are closed.