North america travel insurance market to grow at a CAGR of 8.8%

1
North America Travel Insurance Market

• 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 Industry
  Forecast, 2016-2022

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2
Current and future Market Scenario
North America Travel Insurance Market

• North America Travel Insurance market is
  estimated to reach 8,165 million by 2022, states
  Allied Market Research.
• North America Travel Insurance market will grow
  at a prominent CAGR of 8.8 from 2016 to 2022. 
• The North America Travel Insurance Market is
  segmented based on distribution channel,
  insurance cover, end user countries.

3
Factors Contributing to Market Growth
North America Travel Insurance Market

• The primary driver of the North America travel
  insurance market is the increase in number of
  outbound travelers in the region. A notable
  increase in business travelers would also have a
  significant impact on the travel insurance market
  in the region.

4
Market Segments
North America Travel Insurance Market
5
Dominating Segments
North America Travel Insurance Market

• Single trip travel insurance accounts for a
  relatively large market share in the North
  American region due to the growth in business
  travel and rise in disposable income. The crude
  oil segment led in 2016 accounted for more than
  half share in total market.
• The U.S. accounts for more than 42 market share
  of the North America travel insurance market.

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Region Overview
North America Travel Insurance Market

• U.S. is the market leader, accounting for nearly
  43 share of the market in 2016, followed by
  Canada. U.S. dominates the North America travel
  insurance market, owing to the rise in
  multi-generational family travel.
• Mexico is expected to exhibit the highest CAGR of
  9.2 during the forecast period.
• By insurance cover, single trip insurance policy
  is identified to be the most purchased insurance
  policy.

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Leading Players
North America Travel Insurance Market

• The key players in the North America Travel
  Insurance Market 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.).

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A report titled North America Travel Insurance
Market - Opportunities and Forecasts, 2016
2022 has been recently published by Allied
Market Research. The report makes close
observations of pipeline structure for end-to-end
North America Travel Insurance Market around the
world. It makes an in-depth analysis of current
trends, drivers and restraining factors that
affect financial ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from stakeholders perspective.

• Know more about North
  America Travel Insurance Market - Opportunities
  and Forecasts, 2016 2022 report
• https//www.alliedmarketresearch.com/north-america
  -travel-insurance-market

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