Los Angeles, CA -- (SBWIRE) -- 12/12/2019 -- QY research recently published a report, titled Global Business Travel Insurance Market Insights, Forecast to 2025. The research includes collation of data that is gathered using primary and secondary research methodologies.

In report covers both sales and revenue and studies the segments pertaining to application, products, services, and regions. To assess the market's future the research report also discusses the competitive landscape present in the global Business Travel Insurance market.

In 2018 the global Business Travel Insurance market size was 3755.7 million US$ and will reach 11650 million US$ by 2025, with a CAGR of 8.7% during the forecast period.

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Global Business Travel Insurance Market: Scope of the Market

Business travel insurance provides insurance cover for the purpose of business trips of a customer or for an organization.

The report first uses historic data from different companies. The data collected is used to analyses the growth of industries in the past years.

Global Business Travel Insurance Market: Segment Analysis

The report is based on research done specifically on consumer goods. The goods have bifurcated depending on their use and type.

Europe is estimated to have a major share in the global market with 35%.

Global Business Travel Insurance Market: Regional Segment Analysis

Based on region, the global Business Travel Insurance market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Central & South America. Asia Pacific has a large population, which makes its market potential a significant one. It is the fastest-growing and most lucrative region in the global economy.

The report covers different aspects of the market from a consumer goods point of view. It aims to be a guiding hand to interested readers for making profitable business decisions.

The following players are covered in this report:

Allianz

AIG

Zurich

Genarali

AXA Group

PICC

Tokio Marine

Sompo Japan

Chubb

MetLife

Mapfre Asistencia

Hanse Merkur

Pin An

Business Travel Insurance Breakdown Data by Type

Single Trip Coverage

Annual Multi Trip Coverage

Other

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The segment of single trip coverage holds a comparatively larger share in global market, which accounts for about 69.7%.

Business Travel Insurance Breakdown Data by Application

Insurance Intermediaries

Insurance Company

Bank

Insurance Broker

Other

The insurance intermediaries hold an important share in terms of applications, and accounts for 50% of the market share.