United Kingdom Travel Insurance Market Size- By Type, By Application, By Type of Travel, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United Kingdom Travel Insurance Market Introduction and Overview
According to SPER Market Research, ‘United Kingdom Travel Insurance Market Size by Type, by Application, by Type of Travel, by Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the United Kingdom Travel Insurance market is estimated to reach USD 954.67 million by 2033 with a CAGR of 4.79%.
Travel insurance offers monetary security for costs or damages resulting from unforeseen circumstances during domestic or international travel. Generally speaking, it pays for emergency medical care, accidental death, lost or stolen property, and interrupted or cancelled trips. It begins on the day of travel and lasts till the covered person returns home. In addition to emergency services like cash wire assistance, passport replacement,
Travel insurance providers will be under a lot of pressure from COVID-19 since medical and cancellation claims—which accounted for more than 90% of all claims paid out in 2019—remain a challenge for the industry. The ability of the economy to recover in the wake of the epidemic will have a big effect on the travel insurance market.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Application, By Type of Travel, By Distribution Channel
Regions covered Central Region, East Region, North Region, South Region, West Region
Companies Covered
Allianz, American International Group, Inc., AXA, ASSICURAZIONI GENERALI S.P.A., Aviva, AllClear, ABTA, Chubb, Europ Assistance, KBC Group.
United Kingdom Travel Insurance Market Segmentation:
By Type:Based on the Type, United Kingdom Travel Insurance Market is segmented as; Medical Expenses, Trip Cancellation, Trip Delay, Property Damage.
By Application:Based on the Application, United Kingdom Travel Insurance Market is segmented as; Domestics Travel, International Travel.
By Type Of Travel: Based on the Type Of Travel, United Kingdom Travel Insurance Market is segmented as; Business Travel, Leisure Travel.
By Distribution Channel:Based on the Distribution Channel, United Kingdom Travel Insurance Market is segmented as; Direct Sales, Indirect Sales.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the United Kingdom Travel Insurance Market.
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. United Kingdom Travel Insurance Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Travel Insurance Market
- 7. United Kingdom Travel Insurance Market, By Type (USD Million) 2020-2033
- 7.1. United Kingdom Travel Insurance Market Size, Share and Forecast, By Type, 2020-2026
- 7.2. United Kingdom Travel Insurance Market Size, Share and Forecast, By Type, 2027-2033
- 7.3. Medical Expenses
- 7.4. Trip Cancellation
- 7.5. Trip Delay
- 7.6. Property Damage
- 8. United Kingdom Travel Insurance Market, By Application (USD Million) 2020-2033
- 8.1. United Kingdom Travel Insurance Market Size, Share and Forecast, By Application, 2020-2026
- 8.2. United Kingdom Travel Insurance Market Size, Share and Forecast, By Application, 2027-2033
- 8.3. Domestics Travel
- 8.4. International Travel
- 9. United Kingdom Travel Insurance Market, By Type Of Travel (USD Million) 2020-2033
- 9.1. United Kingdom Travel Insurance Market Size, Share and Forecast, By Type Of Travel, 2020-2026
- 9.2. Global United Kingdom Travel Insurance Market Size, Share and Forecast, By Type Of Travel, 2027-2033
- 9.3. Business Travel
- 9.4. Leisure Travel
- 10. United Kingdom Travel Insurance Market, By Distribution Channel (USD Million) 2020-2033
- 10.1. United Kingdom Travel Insurance Market Size, Share and Forecast, By Distribution Channel, 2020-2026
- 10.2. United Kingdom Travel Insurance Market Size, Share and Forecast, By Distribution Channel, 2027-2033
- 10.3. Direct Sales
- 10.4. Indirect Sales
- 11. United Kingdom Travel Insurance Market Forecast, 2020-2033 (USD Million)
- 11.1. United Kingdom Travel Insurance Market Size and Market Share
- 12. United Kingdom Travel Insurance Market, By Region, 2020-2033 (USD Million)
- 12.1. United Kingdom Travel Insurance Market Size and Market Share By Region (2020-2026)
- 12.2. United Kingdom Travel Insurance Market Size and Market Share By Region (2027-2033)
- 12.3. Central Region
- 12.4. East Region
- 12.5. North Region
- 12.6. South Region
- 12.7. West Region
- 13. Company Profile
- 13.1. Allianz
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. American International Group, Inc.
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. AXA
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. ASSICURAZIONI GENERALI S.P.A.
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. Aviva
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. AllClear
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. ABTA
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. Chubb
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. Europ Assistance
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Others
- 14. Conclusion
- 15. List of Abbreviations
- 16. Reference Links
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