North america travel insurance market to grow at a CAGR of 8.8%
Get PDF Sample Copy of this report: https://www.alliedmarketresearch.com/request-sample/2290 The North America travel insurance market is segmented based on distribution channel, insurance cover, end user, and countries. The distribution channel is segmented on the basis of insurance intermediaries, insurance company, bank, insurance broker, insurance aggregator, and others. For insurance cover, it is categorized into a single trip, annual multi-trip, and long stay. Based on the end user, it is classified into senior citizens, educational traveler, backpackers, business traveler, family traveler, and fully independent traveler. The countries covered are U.S., Canada, and Mexico.
Get PDF Sample Copy of this report: https://www.alliedmarketresearch.com/request-sample/2290
The North America travel insurance market is segmented based on distribution channel, insurance cover, end user, and countries. The distribution channel is segmented on the basis of insurance intermediaries, insurance company, bank, insurance broker, insurance aggregator, and others. For insurance cover, it is categorized into a single trip, annual multi-trip, and long stay. Based on the end user, it is classified into senior citizens, educational traveler, backpackers, business traveler, family traveler, and fully independent traveler. The countries covered are U.S., Canada, and Mexico.
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<strong>North</strong> America Travel Insurance Market<br />
<strong>North</strong> America Travel Insurance<br />
Market by Distribution Channel<br />
(Insurance Intermediaries,<br />
Insurance Companies, Banks,<br />
Insurance Brokers, Insurance<br />
Aggrega<strong>to</strong>rs, and Others),<br />
Insurance Cover (Single Trip,<br />
Annual Multi-trip, and Long<br />
Stay), and End User (Senior<br />
Citizens, Educ<strong>at</strong>ional Travelers,<br />
Backpackers, Business Travelers,<br />
Family Travelers, and Fully<br />
Independent Travelers):<br />
Opportunity Analysis & Industry<br />
Forecast, 2016-2022<br />
For more inform<strong>at</strong>ion: https://www.allied<strong>market</strong>research.com/north-<strong>america</strong>-<strong>travel</strong>-<strong>insurance</strong>-<strong>market</strong><br />
Get PDF Copy <strong>of</strong> this report: https://www.allied<strong>market</strong>research.com/request-sample/2290
<strong>North</strong> America Travel Insurance Market<br />
Current and future Market Scenario<br />
• <strong>North</strong> America Travel Insurance <strong>market</strong> is estim<strong>at</strong>ed <strong>to</strong> reach $8,165 million by 2022, st<strong>at</strong>es<br />
Allied Market Research.<br />
• <strong>North</strong> America Travel Insurance <strong>market</strong> will <strong>grow</strong> <strong>at</strong> a prominent <strong>CAGR</strong> <strong>of</strong> <strong>8.8%</strong> from 2016 <strong>to</strong><br />
2022.<br />
• The <strong>North</strong> America Travel Insurance Market is segmented based on distribution channel,<br />
<strong>insurance</strong> cover, end user & countries.
<strong>North</strong> America Travel Insurance Market<br />
Fac<strong>to</strong>rs Contributing <strong>to</strong> Market Growth<br />
The primary driver <strong>of</strong> the <strong>North</strong> America <strong>travel</strong> <strong>insurance</strong> <strong>market</strong> is the increase in number <strong>of</strong><br />
outbound <strong>travel</strong>ers in the region. A notable increase in business <strong>travel</strong>ers would also have a<br />
significant impact on the <strong>travel</strong> <strong>insurance</strong> <strong>market</strong> in the region.
<strong>North</strong> America Travel Insurance Market<br />
Market Segments<br />
Insurance Cover<br />
Single Trip<br />
Annual Multi-trip<br />
Long Stay<br />
End User<br />
Senior Citizens<br />
Educ<strong>at</strong>ion Travelers<br />
Backpackers<br />
Business Travelers<br />
Country<br />
U.S.<br />
Canada<br />
Mexico
<strong>North</strong> America Travel Insurance Market<br />
Domin<strong>at</strong>ing Segments<br />
• Single trip <strong>travel</strong> <strong>insurance</strong> accounts for a rel<strong>at</strong>ively large <strong>market</strong> share in the <strong>North</strong> American region<br />
due <strong>to</strong> the <strong>grow</strong>th in business <strong>travel</strong> and rise in disposable income. The crude oil segment led in<br />
2016 accounted for more than half share in <strong>to</strong>tal <strong>market</strong>.<br />
• The U.S. accounts for more than 42% <strong>market</strong> share <strong>of</strong> the <strong>North</strong> America <strong>travel</strong> <strong>insurance</strong> <strong>market</strong>.
<strong>North</strong> America Travel Insurance Market<br />
Region Overview<br />
• U.S. is the <strong>market</strong> leader, accounting for nearly 43% share <strong>of</strong> the <strong>market</strong> in 2016, followed by<br />
Canada. U.S. domin<strong>at</strong>es the <strong>North</strong> America <strong>travel</strong> <strong>insurance</strong> <strong>market</strong>, owing <strong>to</strong> the rise in multigener<strong>at</strong>ional<br />
family <strong>travel</strong>.<br />
• Mexico is expected <strong>to</strong> exhibit the highest <strong>CAGR</strong> <strong>of</strong> 9.2% during the forecast period.<br />
• By <strong>insurance</strong> cover, single trip <strong>insurance</strong> policy is identified <strong>to</strong> be the most purchased <strong>insurance</strong><br />
policy.
<strong>North</strong> America Travel Insurance Market<br />
Leading Players<br />
• The key players in the <strong>North</strong> America Travel Insurance Market are Seven Corners Inc. (U.S.),<br />
Travel Safe Insurance (Chester Perfet<strong>to</strong> Agency, Inc.) (U.S.), USI Insurance Services, LLC. (U.S.),<br />
MH Ross Travel Insurance Services, Inc. (U.S.), American Intern<strong>at</strong>ional Group Inc. (U.S.), Travel<br />
Insured Intern<strong>at</strong>ional (U.S.), Berkshire H<strong>at</strong>haway Travel Protection (U.S.), Travelex Insurance<br />
Services Inc (U.S.), American Express Company (U.S.), and CSA Travel Protection (U.S.).
“<br />
A report titled “<strong>North</strong> America Travel Insurance Market - Opportunities and<br />
Forecasts, 2016 – 2022” has been recently published by Allied Market Research.<br />
The report makes close observ<strong>at</strong>ions <strong>of</strong> pipeline structure for end-<strong>to</strong>-end <strong>North</strong><br />
America Travel Insurance Market around the world. It makes an in-depth analysis<br />
<strong>of</strong> current trends, drivers and restraining fac<strong>to</strong>rs th<strong>at</strong> affect financial r<strong>at</strong>ios<br />
relevant <strong>to</strong> the industry. Company pr<strong>of</strong>iles for key vendors in business builds a<br />
comprehensive picture <strong>of</strong> pr<strong>of</strong>itable opportunities from stakeholder’s perspective.<br />
”<br />
Know more about <strong>North</strong> America Travel Insurance Market - Opportunities and Forecasts, 2016 – 2022 report:<br />
https://www.allied<strong>market</strong>research.com/north-<strong>america</strong>-<strong>travel</strong>-<strong>insurance</strong>-<strong>market</strong><br />
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