Travel Insurance Market to Witness Massive Growth

Edison , NJ -- (SBWire) -- 02/13/2019 --A new business intelligence report released by Advance Market Analytics with title "Travel Insurance Comprehensive Study by Application (Domestic Tourism, Oversea Tourism), Distribution Channel (Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Insurance Aggregator, Others), Insurance Cover (Single Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance, Others), End User (Education Traveler, Business Traveler, Family Traveler, Fully Independent Traveler, Others) Players and Region - Global Market Outlook to 2024" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Travel Insurance Comprehensive Study by Application Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are CSA Travel Protection (United States) , USI Affinity (United States) , Tata AIG Insurance (India) , Seven Corners Inc. (United States) , Travel Safe (United States) , MH Ross Travel Insurance Services Inc. (United States) , Allianz Global Assistance (France) , Bharti AXA General Insurance (India) , AXA (France) , Reliance General Insurance (India) , InsureandGo (United Kingdom) , Berkshire Hathaway Specialty Insurance (United States) , Travelex Group (United Kingdom) , ICICI Lombard General Insurance (India) and Tokio Marine HCC (United States).

Global Travel Insurance market to grow at a CAGR of 8.26%.

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Market Trend
- Increasing Distribution Channels Such As Banks, Insurance Brokers, Aggregator and Others
- Emphasizing on Online Platform to Sale Travel Insurance

Market Drivers
- Increasing Unusual Events Such As Natural Disasters and Terrorist Attacks
- Rising Awareness among Millennials to Secure Their Travel

Challenges
- Lack of Awareness in Middle Income Group People

Opportunities
- Technological Developments in the Travel Insurance Industry
- Government Initiatives to Improve Travel Rule and Regulation

Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2018 to 2023 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

Top Players in the Market are: CSA Travel Protection (United States) , USI Affinity (United States) , Tata AIG Insurance (India) , Seven Corners Inc. (United States) , Travel Safe (United States) , MH Ross Travel Insurance Services Inc. (United States) , Allianz Global Assistance (France) , Bharti AXA General Insurance (India) , AXA (France) , Reliance General Insurance (India) , InsureandGo (United Kingdom) , Berkshire Hathaway Specialty Insurance (United States) , Travelex Group (United Kingdom) , ICICI Lombard General Insurance (India) and Tokio Marine HCC (United States).

Region Included are: South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico).

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Important Features that are under offering & key highlights of the report:
– Detailed overview of Travel Insurance Comprehensive Study by Application market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Travel Insurance Comprehensive Study by Application market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
– A neutral perspective towards Travel Insurance Comprehensive Study by Application market performance
– Must-have information for market players to sustain and enhance their market footprint

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Major Highlights of TOC:

1. Market Overview
2. Executive Summary
3. Market Dynamics
4. Market Factor Analysis
5. Global Travel Insurance, by Platform, Range , System and Weapon Class (value, volume and price ) (2013-2018)
6. Travel Insurance: Manufacturers/Players Analysis
7. Global Travel Insurance Sale, by Platform, Range , System and Weapon Class (value, volume and price ) (2019-2024)
8. Appendix
9. Methodology and Data Source

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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Travel Insurance Comprehensive Study by Application market?
- What are the key concerns of the five forces analysis of the Travel Insurance Comprehensive Study by Application market?
- What are different prospects and threats faced by the dealers in the Travel Insurance Comprehensive Study by Application market?
- What are the strengths and weaknesses of the key vendors?

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