B2B2C Insurance Market to Cross Valuation of US $1.5 Trn by 2030, as COVID-19 Pandemic Continues to Expand Quickly
Digital Platforms Help Increase Business in B2B2C Insurance during COVID-19 Crisis
The COVID-19 (coronavirus) crisis has had a significant impact on the B2B2C insurance market. Insurance distribution has taken a hit during the pandemic, especially in the travel and tourism industry, owing to travel restrictions. Moreover, a significant decline in airline traffic has also affected the business of B2B2C insurance. Non-essential retail businesses have caused a major impediment in the growth of the B2B2C insurance market.
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