Annual SWOT analysis of the travel insurance market by key players – AXA, Mapfre, AIG



Edison, New Jersey – (WIRE SB) – 04/11/2021 – In-depth research report on Global Travel Insurance Market 2021, Forecast to 2026 is the latest study published by AMA assessing market risk analysis, highlighting opportunities, and exploited with help to strategic and tactical decision making. The report provides information on market trends and development, growth drivers, technologies and changes in the investment structure of the global annual travel insurance market. Some of the key players described in the study are Allianz (Germany), AIG (United States),Munich RE (Germany), Generali (Italy),Tokio Marine (Japan),Sompo (Japan), CSA Travel Insurance (United States),AXA (France), Mapfre (Spain),USI affinity (United States),Seven Coins Inc. (United States).

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Annual Travel Insurance Market Overview:
Annual Travel insurance is also known as annual multi-line insurance. With a multi-trip insurance policy, an insured person will obtain insurance coverage for multiple trips to a particular location over a certain variable length of time. Such a travel policy saves on premiums compared to purchasing an individual travel insurance policy for each trip. The major trends in this industry are the rapid development of new distribution models and enormous technological development. It is a means of economic protection for national and international travel. Its coverages include medical expenses, flight accident coverage, accidental death, baggage, and personal effects coverage.

The study provides comprehensive insights vital to maintain up-to-date knowledge of the market segmented and in over 18 countries across the globe, along with information on emerging and major players. If you want to analyze different companies involved in the Annual Travel insurance industry according to your objective or your targeted geography, we offer customization as needed.

The segments and subsection of the Annual Travel insurance market is shown below:

The study is segmented by Travel (Domestic, International), Coverage (Medical Coverage, Compensation for Personal Injury, Accidental Death and Disability, Cashless Services for Overseas Medical Expenses, Medical Evacuation, Medical Repatriation, Compensation for Loss of Baggage , Travel delay, Travel cancellation, baggage delay), distribution channel (insurance intermediaries, Insurance company, Bank, Insurance broker, Insurance aggregator, Others), End user (Study traveler, Business traveler, Family traveler, Fully independent traveler, Others)

Influence the market trend
– Development in Digital insurance
– Focus on the online platform for the annual sale Travel insurance

Market factors
– The increase in tourism is fueling the growth of the market
– Business expansion abroad

– Technological developments in the travel insurance industry
– Government initiatives to improve travel rules and regulations

– Less awareness of group travel insurance policies, lack of consumer experience in terms of coverages, premium rates

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Important years taken into account in the Annual Travel insurance to study:
Historical year – 2016-2020; Reference year – 2020; Forecast period ** – 2021 to 2026 [** unless otherwise stated]

If you go for the global version of the annual travel insurance market; the following country analysis would then be included:
North America (United States, Canada and Mexico)
Europe (Germany, France, the UK, Netherlands, Italy, Nordic nations, Spain, Switzerland and rest of Europe)
Asia Pacific (China, Japan, Australia, New Zealand, South Korea, India, South East Asia and rest of the APAC)
South America (Brazil, Argentina, Chile, Colombia, Rest of countries, etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Key questions answered with this study
1) What makes the annual travel insurance market feasible for a long term investment?
2) Know the areas of the value chain where actors can create value?
3) Territory likely to experience a sharp increase in CAGR growth and year?
4) Which geographic region would have better demand for products / services?
5) What opportunity would the emerging territory offer to established new entrants and new entrants to the Annual? Travel insurance Marlet?
6) Analysis of the risks associated with service providers?
7) How are the factors influencing demand for Travel insurance In the coming years ?
8) What is the impact analysis of various factors in the Global Annual Travel insurance market growth?
9) What strategies of the major players help them acquire mature market share?
10) How is technology and customer-centric innovation bringing about a big change in the annual travel insurance market?

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There are 15 Chapters to display the Global Annual Travel Insurance Market
Chapter 1, Overview to describe the definition, specification and classification of Travel insurance Marlet;
Chapter 2, objective of the study.
Chapter 3, Research Methodology, Measures, Assumptions and Analysis Tools
Chapter 4 and 5, Annual Analysis of Global Travel Insurance Market Trends, Drivers, Challenges by Consumer Behavior, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the annual travel insurance market analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show five strengths (bargaining power of buyers / suppliers), threats to new entrants and market conditions;
Chapter 10 and 11, to show the analysis by regional segmentation [North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa], comparison, leading countries and opportunities; Customer behavior
Chapter 12, to identify the main decision frameworks accumulated by industry experts and strategic decision makers;
Chapter 13 and 14, on the competition landscape (classification and ranking of the market)
Chapter 15 discusses the Global Travel Insurance Market sales channel, research findings and conclusion, appendix and data source.

Thank you for your interest in the annual travel insurance industry research publication; you can also get individual section by chapter or report version by region, like North America, LATAM, United States, CCG, South East Asia, Europe, APAC, UK, India Where China etc.

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