It is only natural for travelers to seek convenient and more accessible ways to purchase travel insurance products. That being the case, it is crucial for travel insurers and other players in the travel insurance industry to strategically position themselves
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New Players Take Flight: Assessing The Impact Of Four Thai Airlines On Travel Insurance
The Thai aviation industry is poised for a sudden shakeup as four new airlines prepare to enter the market, capitalizing on the surging demand from the booming tourism sector. With the arrival of Really Cool Airlines, Landarch Airlines
What Travel Insurers Need to Know About The APAC Market For 2023 And Beyond
Arival, a prominent figure in the tours and activities sector, has recently unveiled six key trends that are reshaping the landscape of travel experiences. These trends not only impact the travel industry but also have implications for travel insurance providers.
5 Must-Attend Insurtech Conferences in Q2 2023
The travel insurance industry has undergone a significant transformation with the emergence of insurtech, presenting fresh opportunities and challenges for insurance professionals. As the sector continues to evolve, staying up-to-date with the latest advancements becomes crucial
Singaporean Travelers’ Sentiments Towards Travel Insurance Claims & Assistance In 2023
In continuation of our previous study on 2022 Travel Insurance Outlook, we conducted a survey to understand the sentiments of travelers in the Singapore market towards travel insurance claims and assistance. With the increasing number of travel-related uncertainties
The Trends of Travel Players Travel Insurance Distribution in Singapore
Travel insurance has become a staple for travelers who want to protect their trips and investments. With the growth of the travel industry, it’s no surprise that travel players have become a significant force in the distribution of travel insurance. From airlines to online travel agencies
Design Thinking for Travel Insurance Products
Design thinking is a user-focused method based on empathy, testing, and iteration in order to understand the wants of customers. Through design thinking, travel insurance companies can uncover customer needs and create unique products that offer outstanding experiences.
Insurtech in Europe: Future of Travel Partnerships
In recent years, European insurtech companies have completely transformed the travel insurance industry. By implementing groundbreaking technology, they are able to provide customers with tailored products that meet their individual needs and enable them to customize an insurance
Impact of Inflation on Travel Insurance: An Insurers’ Guide
Inflation is a common phenomenon that affects almost every industry, including the travel insurance sector. As the cost of living continues to skyrocket and operational expenses remain high, travel insurance companies may be forced to adjust their pricing. This could have far-reaching effects
Singapore Consumers Travel Insurance Needs
In 2022, we conducted a study Singapore: 2022 Travel Insurance Outlook, surveying 500 travelers to gain insights into their views on travel insurance. Now, in this follow-up survey, we delve deeper to explore how travelers’ sentiments towards travel insurance have changed with the return of travel.
The Challenges Of Risk Assessment For Parametric Travel Insurance Products In 2023
Parametric travel insurance is quickly gaining traction in the industry. This is a type of insurance that pays out based on the occurrence of specific, predefined events. Insurers and travel organizations are coming together to provide consumers with more pertinent
The Impact Of Carbon Offsetting Sustainability Initiatives on B2B Travel Insurance Partnerships
Carbon offsetting has become a primary initiative for the travel industry since the pressure to practice more sustainable travel rises. Projects like reforestation and renewable energy sources have contributed greatly to the reduction or removal of emissions. Because of these big projects