NJ New Jersey, USA -- (SBWire) -- 10/11/2022 --Latest Study on Industrial Growth of Business Travel Accident Insurance Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Business Travel Accident Insurance market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
Some of the key players profiled in the study are:
Allianz Partners (France), American International Group (United States), The Hartford (United States), Chubb Limited (United States), Assicurazioni Generali (Italy), Tokio Marine Holdings (Japan), AXA (France), Zurich Insurance (Switzerland), MetLife, Inc. (United States), Nationwide Mutual Insurance Company (United States), Aviva (United Kingdom), Berkshire Hathaway Specialty Insurance (United States), Sirius International Insurance Group (Bermuda), Bupa (United Kingdom), Starr International Company, Inc. (United States), Seven Corners Inc. (United States).
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Scope of the Report of Business Travel Accident Insurance
Travel accident insurance is a specialized type of travel insurance plan. It acts as life insurance and it is insurance against accidental death and dismemberment in the case of a travel accident. The benefits are paid regardless of whether the traveler has other AD&D coverage and life insurance. Moreover, some of the insurance plans also cover emergency medical expenses. Limited insurance plans give the maximum reimbursements range to choose from and several are designed specifically for the regular business traveler and include coverage for non-medical emergency evacuations. Business travel can be defined as the traveling performed for the purpose of business between two or more parties. Some of the examples of business travel are traveling from one branch to another branch of the same company, traveling to different locations for meeting any suppliers or business partners, and traveling for a business conference or business event across different locations. Business travel accident insurance is an important benefit for many companies, particularly those with employees who frequently travel internationally on company business. The global business travel accident insurance market was estimated to be around USD 4,489.2 million in 2019 which is expected to grow at a healthy CAGR during the forecast period.
The titled segments and sub-section of the market are illuminated below:
by Type (Single Trip Coverage, Annual Trip Coverga), Distribution Channel (Agents, Brokers, Bancassurance, Digital & Direct Channels), End User (Business, Government, Others)
Market Drivers:
The Rising Worldwide Business Travel Spending
Growing Demand for Business Travel
Opportunities:
Opportunities Across Emerging Countries
Market Trends:
Digitalization and Innovation Across the Insurance Sector
Employees Concerns Regarding Business Travel at Present Scenario Pushing the Employers to Adopt Business Travel Insurance
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Business Travel Accident Insurance Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Business Travel Accident Insurance market
Chapter 2: Exclusive Summary – the basic information of the Business Travel Accident Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Business Travel Accident Insurance
Chapter 4: Presenting the Business Travel Accident Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Business Travel Accident Insurance market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Business Travel Accident Insurance Market is a valuable source of guidance for individuals and companies.
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