Edison, NJ -- (SBWIRE) -- 02/04/2021 -- A new business intelligence report released by Advance Market Analytics with title Global Business Travel Accident Insurance Market Insights, Forecast to 2025.This report provides a detailed overview of key factors in the Global Business Travel Accident Insurance Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market. The study covers emerging player's data, including competitive landscape, sales, revenue and global market share of top manufacturers.
Major Players in Market are:
Assicurazioni Generali (Italy), MetLife, Inc. (United States), Nationwide Mutual Insurance Company (United States), Zurich Insurance (Switzerland), AWP (Australia), AXA (France), American International Group (United States), Chubb Limited (United States), Tokio Marine Holdings (Tokyo) and Woodward Markwell Insurance Brokers (United Kingdom).
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What is Business Travel Accident Insurance?
A travel accident insurance is a specialized type of travel insurance plan. It acts as life insurance and it is an 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 accident insurance is an important benefit for many companies, particularly those with employees who frequently travel internationally on company business.
According to AMA, the Global Business Travel Accident Insurance market is expected to see growth rate of 9.3%
Business Travel Accident Insurance Market Segmentation and Market Data Breakdown:
Type (Single Trip Coverage, Annual Multi Trip Coverage, Others), Distribution Channel (Insurance Company, Insurance Broker, Banks, Insurance Aggregators, Others), End User (Corporations, Government, International Travelers and Employees (Expats))
Growth Drivers
- The Rapidly Rising International Trade
- The Growing Expansion of Businesses Globally
Roadblocks
- Lack of Guidance of Business Travel Accident Insurance
- High Premium of Business Travel Accident Insurance
Opportunities
- Growing Awareness among Small Organizations to Protect Their Employees
- Addition of Attractive Features to the Plans by Insurance Companies
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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.
What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Browse in-depth TOC on "Global Business Travel Accident Insurance Market Comprehensive Study 2019-2026":
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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 Global Business Travel Accident Insurance market
Chapter 2: Exclusive Summary – the basic information of the Global Business Travel Accident Insurance Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Business Travel Accident Insurance
Chapter 4: Presenting the Global 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 2013-2020
Chapter 6: Evaluating the leading manufacturers of the Global 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 with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Business Travel Accident Insurance Market is a valuable source of guidance for individuals and companies.
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Data Sources & Methodology
The primary sources involves the industry experts from the Business Travel Accident Insurance Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Business Travel Accident Insurance market?
- What are the key concerns of the five forces analysis of the Business Travel Accident Insurance market?
- What are different prospects and threats faced by the dealers in the Business Travel Accident Insurance market?
- What are the strengths and weaknesses of the key vendors?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.