Global Business Travel Insurance Market Overview:

This report studies the Global Business Travel Insurance Market over the forecast period of 2019 to 2023. The Global Business Travel Insurance Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.

According to the market research report, the Business Travel Insurance provides insurance cover for the purpose of business trips of a customer or for an organization. Additionally, Business Travel Insurance provides risk cover against medical and hospitalization expenses for accident or illness, including medical evacuation if necessary, death or permanent disability, loss or delay of baggage, cancellation of flight due to weather condition, trip cancellation, and loss of passport & other travel documents.

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The most important factors driving the growth of the Global Business Travel Insurance Market are increasing international trade, overseas business expansion, rapidly changing global economic order & trade practices, and the increase in need to maintain worldwide client relations. Increasing incidence of loss of luggage due to increase in tourist arrivals acts as a major driver for the market. Travel insurance is mandated to obtain VISA in countries such as the United States, France, Belgium, and others. However, low awareness towards business travel insurance among consumers restrains the growth of the market. Stringent regulations towards travel insurance and increase in global safety concerns provide lucrative opportunities for the market.

The Global Business Travel Insurance Market is segmented on the basis of Type, Insurance Cover, Distribution Channels and Region. Based on the Type, the Global Business Travel Insurance Market is classified into B2B, B2C and B2B2C. On the basis of Insurance Cover, the Global Business Travel Insurance Market is divided into Single Trip Travel Insurance and Annual Multi-trip Travel Insurance. Based on the Distribution Channels, the Global Business Travel Insurance Market is sub-segmented into Insurance Trade, Insurance Company, Bank, Insurance Broker, Insurance Aggregator, and others.

Latest Industry News:

Allianz SE (March 26, 2019) – Allianz Africa launches its core IT system transformation in Ghana – Allianz Africa launched the transformation of its core IT Platform with the introduction of the Allianz Business System (ABS). The system was adapted for the African market and is now operational in Ghana for motor insurance products.

“ABS will transform how Allianz does business in Africa by enabling us to be more productive and to give our African customers a superior experience. It has also been adapted to support mobile money transactions which are a unique way of buying insurance in Africa,” said Delphine Traoré Maïdou, Chief Operating Officer and Regional Executive Board member of Allianz Africa.

Top Leading Key Manufacturers are: Assicurazioni Genarali, Allianz, Seven Corners, Travel Safe Insurance, USI Insurance Services, MH Ross Travel, American International Group, AXA Group, Insure and Go Insurance Services, Chubb and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Business Travel Insurance in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

With the presence of a large pool of participants, the Global Business Travel Insurance Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Assicurazioni Genarali, Allianz, Seven Corners, Travel Safe Insurance, USI Insurance Services, MH Ross Travel, American International Group, AXA Group, Insure and Go Insurance Services, Chubb, etc. are some of the key vendors of Business Travel Insurance across the world. These players across Business Travel Insurance Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Business Travel Insurance Market Report 2019” @ https://www.businessindustryreports.com/buy-now/149283/single .

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Business Travel Insurance Market.

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