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
Read More
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
Read More
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
Read More
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.
Read More
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
Read More
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
Read More
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.
Read More
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
Read More
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
Read More
Travel insurance companies are constantly searching for ways to distinguish themselves and win partnerships. In order to be successful in gaining these partnerships, they must be aware of the right approach to take when responding to Request for Proposal (RFP) requests.
Read More
Embedded travel insurance partnerships, where insurance is included in the cost of a travel package, is becoming a common practice in the Asia Pacific region. These partnerships offer benefits for travel providers and consumers, such as added convenience and value.
Read More
Merely providing a one-size-fits-all approach to travel insurance isn’t sufficient these days because customers have diverse needs that require tailored solutions. An ideal way to meet these individual requirements is to offer bundled packages of travel insurance.
Read More