Global Business Travel Insurance Industry Growth and Trends Forecast to 2031

Summary

Business travel insurance provides insurance cover for the purpose of business trips of a customer or for an organization.

According to APO Research, The global Business Travel Insurance market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Business Travel Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Business Travel Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Business Travel Insurance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global companies of Business Travel Insurance include Allianz, AIG, Zurich, Genarali, AXA Group, PICC, Tokio Marine, Sompo Japan and Chubb, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Business Travel Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Business Travel Insurance.

The Business Travel Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Business Travel Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Business Travel Insurance Segment by Company

Allianz
AIG
Zurich
Genarali
AXA Group
PICC
Tokio Marine
Sompo Japan
Chubb
MetLife
Mapfre Asistencia
Hanse Merkur
Pin An

Business Travel Insurance Segment by Type

Single Trip Coverage
Annual Multi Trip Coverage
Other

Business Travel Insurance Segment by Application

Insurance Intermediaries
Insurance Company
Bank
Insurance Broker
Other

Business Travel Insurance Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Business Travel Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Business Travel Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Business Travel Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Business Travel Insurance companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Business Travel Insurance Market Size Overview by Region 2020 VS 2024 VS 2031
1.4 Global Business Travel Insurance Market Size by Region (2020-2031)
1.4.1 Global Business Travel Insurance Market Size by Region (2020-2025)
1.4.2 Global Business Travel Insurance Market Size by Region (2026-2031)
1.5 Key Regions Business Travel Insurance Market Size (2020-2031)
1.5.1 North America Business Travel Insurance Market Size Growth Rate (2020-2031)
1.5.2 Europe Business Travel Insurance Market Size Growth Rate (2020-2031)
1.5.3 Asia-Pacific Business Travel Insurance Market Size Growth Rate (2020-2031)
1.5.4 South America Business Travel Insurance Market Size Growth Rate (2020-2031)
1.5.5 Middle East & Africa Business Travel Insurance Market Size Growth Rate (2020-2031)
2 Business Travel Insurance Market by Type

2.1 Type Introduction
2.1.1 Single Trip Coverage
2.1.2 Annual Multi Trip Coverage
2.1.3 Other
2.2 Global Business Travel Insurance Market Size by Type
2.2.1 Global Business Travel Insurance Market Size Overview by Type (2020-2031)
2.2.2 Global Business Travel Insurance Historic Market Size Review by Type (2020-2025)
2.2.3 Global Business Travel Insurance Market Size Forecasted by Type (2026-2031)
2.3 Global Business Travel Insurance Market Size by Regions
2.3.1 North America Business Travel Insurance Market Size Breakdown by Type (2020-2025)
2.3.2 Europe Business Travel Insurance Market Size Breakdown by Type (2020-2025)
2.3.3 Asia-Pacific Business Travel Insurance Market Size Breakdown by Type (2020-2025)
2.3.4 South America Business Travel Insurance Market Size Breakdown by Type (2020-2025)
2.3.5 Middle East and Africa Business Travel Insurance Market Size Breakdown by Type (2020-2025)
3 Business Travel Insurance Market by Application

3.1 Type Introduction
3.1.1 Insurance Intermediaries
3.1.2 Insurance Company
3.1.3 Bank
3.1.4 Insurance Broker
3.1.5 Other
3.2 Global Business Travel Insurance Market Size by Application
3.2.1 Global Business Travel Insurance Market Size Overview by Application (2020-2031)
3.2.2 Global Business Travel Insurance Historic Market Size Review by Application (2020-2025)
3.2.3 Global Business Travel Insurance Market Size Forecasted by Application (2026-2031)
3.3 Global Business Travel Insurance Market Size by Regions
3.3.1 North America Business Travel Insurance Market Size Breakdown by Application (2020-2025)
3.3.2 Europe Business Travel Insurance Market Size Breakdown by Application (2020-2025)
3.3.3 Asia-Pacific Business Travel Insurance Market Size Breakdown by Application (2020-2025)
3.3.4 South America Business Travel Insurance Market Size Breakdown by Application (2020-2025)
3.3.5 Middle East and Africa Business Travel Insurance Market Size Breakdown by Application (2020-2025)
4 Global Market Dynamics

4.1 Business Travel Insurance Industry Trends
4.2 Business Travel Insurance Industry Drivers
4.3 Business Travel Insurance Industry Opportunities and Challenges
4.4 Business Travel Insurance Industry Restraints
5 Competitive Insights by Company

5.1 Global Top Players by Business Travel Insurance Revenue (2020-2025)
5.2 Global Business Travel Insurance Industry Company Ranking, 2023 VS 2024 VS 2025
5.3 Global Business Travel Insurance Key Company Headquarters & Area Served
5.4 Global Business Travel Insurance Company, Product Type & Application
5.5 Global Business Travel Insurance Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Business Travel Insurance Market CR5 and HHI
5.6.2 Global Top 5 and 10 Business Travel Insurance Players Market Share by Revenue in 2024
5.6.3 2024 Business Travel Insurance Tier 1, Tier 2, and Tier 3
6 Company Profiles

6.1 Allianz
6.1.1 Allianz Comapny Information
6.1.2 Allianz Business Overview
6.1.3 Allianz Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.1.4 Allianz Business Travel Insurance Product Portfolio
6.1.5 Allianz Recent Developments
6.2 AIG
6.2.1 AIG Comapny Information
6.2.2 AIG Business Overview
6.2.3 AIG Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.2.4 AIG Business Travel Insurance Product Portfolio
6.2.5 AIG Recent Developments
6.3 Zurich
6.3.1 Zurich Comapny Information
6.3.2 Zurich Business Overview
6.3.3 Zurich Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.3.4 Zurich Business Travel Insurance Product Portfolio
6.3.5 Zurich Recent Developments
6.4 Genarali
6.4.1 Genarali Comapny Information
6.4.2 Genarali Business Overview
6.4.3 Genarali Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.4.4 Genarali Business Travel Insurance Product Portfolio
6.4.5 Genarali Recent Developments
6.5 AXA Group
6.5.1 AXA Group Comapny Information
6.5.2 AXA Group Business Overview
6.5.3 AXA Group Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.5.4 AXA Group Business Travel Insurance Product Portfolio
6.5.5 AXA Group Recent Developments
6.6 PICC
6.6.1 PICC Comapny Information
6.6.2 PICC Business Overview
6.6.3 PICC Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.6.4 PICC Business Travel Insurance Product Portfolio
6.6.5 PICC Recent Developments
6.7 Tokio Marine
6.7.1 Tokio Marine Comapny Information
6.7.2 Tokio Marine Business Overview
6.7.3 Tokio Marine Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.7.4 Tokio Marine Business Travel Insurance Product Portfolio
6.7.5 Tokio Marine Recent Developments
6.8 Sompo Japan
6.8.1 Sompo Japan Comapny Information
6.8.2 Sompo Japan Business Overview
6.8.3 Sompo Japan Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.8.4 Sompo Japan Business Travel Insurance Product Portfolio
6.8.5 Sompo Japan Recent Developments
6.9 Chubb
6.9.1 Chubb Comapny Information
6.9.2 Chubb Business Overview
6.9.3 Chubb Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.9.4 Chubb Business Travel Insurance Product Portfolio
6.9.5 Chubb Recent Developments
6.10 MetLife
6.10.1 MetLife Comapny Information
6.10.2 MetLife Business Overview
6.10.3 MetLife Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.10.4 MetLife Business Travel Insurance Product Portfolio
6.10.5 MetLife Recent Developments
6.11 Mapfre Asistencia
6.11.1 Mapfre Asistencia Comapny Information
6.11.2 Mapfre Asistencia Business Overview
6.11.3 Mapfre Asistencia Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.11.4 Mapfre Asistencia Business Travel Insurance Product Portfolio
6.11.5 Mapfre Asistencia Recent Developments
6.12 Hanse Merkur
6.12.1 Hanse Merkur Comapny Information
6.12.2 Hanse Merkur Business Overview
6.12.3 Hanse Merkur Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.12.4 Hanse Merkur Business Travel Insurance Product Portfolio
6.12.5 Hanse Merkur Recent Developments
6.13 Pin An
6.13.1 Pin An Comapny Information
6.13.2 Pin An Business Overview
6.13.3 Pin An Business Travel Insurance Revenue, Global Share and Gross Margin (2020-2025)
6.13.4 Pin An Business Travel Insurance Product Portfolio
6.13.5 Pin An Recent Developments
7 North America

7.1 North America Business Travel Insurance Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2 North America Business Travel Insurance Market Size by Country (2020-2025)
7.3 North America Business Travel Insurance Market Size Forecast by Country (2026-2031)
8 Europe

8.1 Europe Business Travel Insurance Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2 Europe Business Travel Insurance Market Size by Country (2020-2025)
8.3 Europe Business Travel Insurance Market Size Forecast by Country (2026-2031)
9 Asia-Pacific

9.1 Asia-Pacific Business Travel Insurance Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2 Asia-Pacific Business Travel Insurance Market Size by Country (2020-2025)
9.3 Asia-Pacific Business Travel Insurance Market Size Forecast by Country (2026-2031)
10 South America

10.1 South America Business Travel Insurance Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2 South America Business Travel Insurance Market Size by Country (2020-2025)
10.3 South America Business Travel Insurance Market Size Forecast by Country (2026-2031)
11 Middle East & Africa

11.1 Middle East & Africa Business Travel Insurance Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2 Middle East & Africa Business Travel Insurance Market Size by Country (2020-2025)
11.3 Middle East & Africa Business Travel Insurance Market Size Forecast by Country (2026-2031)
12 Concluding Insights
13 Appendix

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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