Yahoo Finance US Travel Insurance Market Report 2022-2027: Increase in Tourism and Increase in Customised Insurance Plans Driving Growth
US Travel Insurance Market
Dublin, June 29, 2022 (GLOBE NEWSWIRE) -- The "US Travel Insurance Market (2022-2027) by Type, Distribution, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The US Travel Insurance Market is estimated to be USD 3.44 Bn in 2022 and is expected to reach USD 7.74 Bn by 2027, growing at a CAGR of 17.61%.
Report Highlights:
A complete analysis of the market, including the parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
Market Segmentation
The US Travel Insurance Market is segmented based on Type, Distribution, and End-User.
Type, the market is classified into Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long- Stay Travel Insurance.
Distribution, the market is classified into Insurance Intermediaries, Insurance Companies, Banks, and Insurance Brokers and Aggregators.
End-User, the market is classified into Educational Travel, Business Travelers, Family Travelers, Senior Citizen, and Others.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in Tourism
4.1.2 High Cost of Medical Treatment
4.1.3 Increase in Customised Insurance Plans
4.1.4 Rising Demand for Reimbursement of Expenditures
4.2 Restraints
4.2.1 Lack of Consumer Experiences in Terms of its Coverages and Premium Rates
4.3 Opportunities
4.3.1 Incorporating Digital Tools by Insurance Market Players
4.3.2 Supportive Initiatives by Government
4.4 Challenges
4.4.1 Cyber Security Concerns
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Travel Insurance Market, By Type
6.1 Introduction
6.2 Single-Trip Travel Insurance
6.3 Annual Multi-Trip Travel Insurance
6.4 Long- Stay Travel Insurance
7 US Travel Insurance Market, By Distribution
7.1 Introduction
7.2 Insurance Intermediaries
7.3 Insurance Companies
7.4 Banks
7.5 Insurance Brokers and Aggregators
8 US Travel Insurance Market, By End-User
8.1 Introduction
8.2 Educational Travel
8.3 Business Travelers
8.4 Family Travelers
8.5 Senior Citizen
8.6 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
Companies Mentioned
Allianz Group
American Express Company
American International Group Inc.
Assicurazioni Generali S.P.A.
Atlas Travel Insurance Services Ltd
Aviva Plc
AXA S.A
Battleface Insurance Services Ltd
Berkshire Hathaway Specialty Insurance Company
Chubb Limited
Munich Reinsurance Company
Seven Corners Inc.
Travelex Insurance Services
Travelsafe Insurance
USI Insurance Services
Zurich Insurance Co. Limited
For more information about this report visit https://www.researchandmarkets.com/r/gs1c92
Attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
