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Corporate Travel Insurance Market Size & Share, by Insurance (Single Trip Travel Insurance, Annual Multi-Trip Travel Insurance, Long-Stay Travel Insurance); Coverage Type (Trip Delay, Trip Cancellation, Medical Expenses, Property Damage); Distribution Channel (Insurance Intermediaries, Insurance Companies, Insurance Broker, Bank) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 326
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Corporate Travel Insurance Landscape

top-features-companies
    • Seven Corners Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Berkshire Hathaway Specialty Insurance
    • TravelSafe Insurance
    • Assicurazioni Generali S.p.A.
    • Trip Mate, Inc.
    • AXA
    • Chubb Group Holdings Inc.
    • Insure & Go Insurance Services Limited
    • Zurich Insurance Group Ltd
    • American International Group, Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • Zurich Insurance Group Ltd selected 12 startups out of more than 2,600 applicants to collaborate on new ways to serve customers, create meaningful touchpoints with them, and challenge the boundaries of the insurance industry through the Zurich Innovation Championship.

  • Seven Corners Inc. collaborated with Bullseye Event Group to bring trip protection to event travel customers. Through Seven Corners' RoundTrip Elite plan, Bullseye customers are anticipated to cover their travel reservations with trip protection insurance.


Author Credits:  Yashika Karodiwal, Radhika Gupta


  • Report ID: 326
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing trend of government-mandate travel policies, rising number of external meetings and events, growing trend of online travel bookings, and escalating trend of bleisure into business trips are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of 20% over the forecast period, i.e., 2023-2033.

Lack of awareness about corporate travel insurance policies, high cost of corporate travel insurance, and rising geopolitical tension are estimated to hamper the market growth.

The market in Europe is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are American International Group, Inc., Seven Corners Inc., Berkshire Hathaway Specialty Insurance, TravelSafe Insurance, Assicurazioni Generali S.p.A., Trip Mate, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by insurance, coverage type, distribution channel, and by region.

The annual multi-trip travel insurance segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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