New Travel Insurance Industry Analysis and market Key players Microsoft (US), Accenture (Ireland), IBM (US), Infosys (India), and SAP (Germany) and others
The segmentation done on the basis of users includes senior citizens, business travelers, education travelers, backpackers, family travelers, fully independent travelers of which the family travelers segment is expected to hold the highest market share during the forecast period. On the basis of a distribution channel, the market is segmented insurance intermediaries, insurance company, bank, insurance broker, insurance aggregator and others of which insurance aggregator is expected to grow at the highest CAGR during the forecasted period due to increasing internet usage globally.
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The global travel insurance market was valued at $ 24,090 million in 2017. The global travel insurance market is expected to grow at a CAGR of 5.64% through 2018, reaching $ 33.47 billion by 2023.
Major players in the global travel insurance market include AIG Travel Guard (US), AXA SA (France), Generali Global Assistance (US), USI Affinity (US), Travel Safe (US), Allianz Global Assistance (US) and Berkshire Hathaway The main reason for the market share is the greater global reach at the operational level. Rising costs of research and development to meet end users' changing needs, new product launches and organic growth strategies have been the technologies adopted by various manufacturers over the last five years.
Key Market Players:
Allianz Global Assistance
CSA Travel Protection
Seven Corners Inc.
American Express Company
Berkshire Hathaway Specialty Insurance
(A brief overview of another 13 companies is also provided)
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Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
• Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
• Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
• To avoid bias, we filter the collected data collected from authenticated sources.
• GMI has a well proven Statistical Modeling System for estimates and forecasts.
• Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
• Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Complete Report is Available @ https://genesismarketinsights.com/viewreport/179/25/Travel-Insurance-Market
Major points from Table of Contents for Global Travel Insurance Industry 2018 Market Research Report include:
1 Travel Insurance Market Overview
2 Global Travel Insurance Market Competition by Manufacturers
3 Global Travel Insurance Capacity, Production, Revenue (Value) by Region (2018-2023)
4 Global Travel Insurance Supply (Production), Consumption, Export, Import by Region (2018-2023)
5 Global Travel Insurance Production, Revenue (Value), Price Trend by Type
6 Global Travel Insurance Market Analysis by Application
7 Global Travel Insurance Manufacturers Profiles/Analysis
8 Travel Insurance Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Travel Insurance Market Forecast (2018-2023)
13 Research Findings and Conclusion
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making. Genesis provides strategic plan for project execution and any operational support to help them grow their revenues. Company have faith on us to find new revenue streams, and minimizing market risks. We have accomplished our proficiency by being present in the world's 130+ most promising markets for over 20 years.
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