The North America travel insurance market is projected to grow significantly by 2022, despite COVID-19 challenges, with key players adopting strategic expansions.
Allied Market Research published a new report, titled, “North America Travel Insurance Market by Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, Insurance Aggregators, and Others), Insurance Cover (Single Trip, Annual Multi-trip, and Long Stay), and End User (Senior Citizens, Educational Travelers, Backpackers, Business Travelers, Family Travelers, and Fully Independent Travelers) : Opportunity Analysis and Industry Forecast, 2016-2022
The latest survey on North America travel insurance market is conducted covering various organizations of the industry from different geographies to come up with 250+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in North America travel insurance market. The report bridges the historical data from 2014 to 2021 and forecasted till 2028, product outline, the organization’s required raw materials, and others growth factors.
“North America Travel Insurance Market is estimated to reach $8,165 million by 2022, growing at a CAGR of 8.8% from 2016 to 2022”
[PDF] Request For Sample Report at: https://www.alliedmarketresearch.com/request-sample/2290
Competitive Analysis:
Leading market players analyzed in the report are Seven Corners Inc. (U.S.), Travel Safe Insurance (Chester Perfetto Agency, Inc.) (U.S.), USI Insurance Services, LLC. (U.S.), MH Ross Travel Insurance Services, Inc. (U.S.), American International Group Inc. (U.S.), Travel Insured International (U.S.), Berkshire Hathaway Travel Protection (U.S.), Travelex Insurance Services Inc. (U.S.), American Express Company (U.S.) and CSA Travel Protection (U.S.). These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the North America travel insurance industry.
Key Benefits For Stakeholders From This Research Report
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Covid-19 Scenario:
The market has been adversely affected by the pandemic. Following the government’s and WHO’s guidelines to maintain the social distance, the companies has put production activities on a halt, which has impacted the employment rate directly and demand ultimately.
North America travel insurance Market Segmentation:
By Distribution Channel
• Insurance Intermediaries
• Insurance Company
• Bank
• Insurance Broker
• Insurance Aggregators
• Others
By Insurance Cover
• Single Trip
• Annual Multi-trip
• Long Stay
By End User
• Senior Citizens
• Education Travelers
• Backpackers
• Business Travelers
• Family Travelers
• Fully Independent Traveler
• U.S.
• Canada
• Mexico
Segregating the large problem into smaller parts makes it easy to solve even the complex problems. The related graphs and data tables have made the analysis much impactful and easily understandable. The interested parties can surely rip the benefits of the report on the North America travel insurance market.
The research offers a detailed segmentation. Key segments analyzed in the research by Product, by Type, by End User and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.
The research offers an extensive analysis of key players active in the North America travel insurance industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.
Get Detailed Analysis of COVID-19 Impact on North America travel insurance Market @ https://www.alliedmarketresearch.com/request-for-customization/2290?reqfor=covid
Highlights of the Report:
Key Questions Answered In The Report:
Q1. At what CAGR, the North America travel insurance market will expand from 2021 – 2028?
Q2. What will be the revenue of industry by the end of 2028?
Q3. How can I get sample report of North America travel insurance market?
Q4. Which are the factors that drives industry Growth?
Q5. Who are the leading players in North America travel insurance market?
Q6. How can I get company profiles of top ten players of Market?
Q7. What are the segments of North America travel insurance market?
Q8. What are the key growth strategies of North America travel insurance Players?
Q9. By Application, which segment is expected to exhibit the highest CAGR during 2021 – 2028?
Q10. By Region, which segment holds a dominant position in 2020 and would maintain the lead over the forecast period?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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The article focuses on the North America travel insurance market, its growth, trends, and forecasts impacted by COVID-19.
COVID-19 has adversely impacted production activities and demand, affecting market dynamics significantly.
Key players include Seven Corners Inc., American Express, and Berkshire Hathaway Travel Protection.
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