The latest study released on the Global Business Travel Insurance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Business Travel Insurance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Assicurazioni Genarali (Italy), Allianz (Germany), Seven Corners (United States), Travel Safe Insurance (United States), USI Insurance Services (United States), MH Ross Travel (United States), American International Group (United States), AXA Group (France), Chubb (United States), Insure and Go Insurance Services Ltd. (United Kingdom)
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Definition:
The global business travel insurance market is expected to witness high growth in the forecasted period due to the rapidly changing global economic order & trade practices. Business travel insurance provides insurance cover for business trips of a customer or an organization and other many services. Additionally, it provides dismemberment benefits and accidental death coverage for employees who are traveling for their company’s business. The growth of the business travel market is driven by huge investments made by regional governments.
Market Trends:
Growing Demand for Multi-Trip Policies
The Rise in Incidence of Loss of Luggage due to the Increase in Tourist Arrivals Acts
Expansion Of Overseas Business
Market Drivers:
Significant Growth in Number of Business Trip
High Adoption of Business Travel Insurance in Enterprises
Market Opportunities:
Travel Insurance is Mandated to Obtain VISA in Countries such as the U.S., France, Belgium, and Others
Increase in Global Safety Concerns
The Global Business Travel Insurance Market segments and Market Data Break Down are illuminated below:
by Distribution Channel (Insurance Trade, Insurance Company, Bank, Insurance Broker, Insurance Aggregator, Others), Type of User (B2B, B2C, B2B2C), Insurance Cover (Single Trip Travel Insurance, Annual Multi-trip Travel Insurance), End User (Corporations, Government, International Traveler and Employees)
Global Business Travel Insurance market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
Objectives of the Report
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Major highlights from Table of Contents:
Business Travel Insurance Market Study Coverage:
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Key questions answered
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