{"id":78026,"date":"2020-10-09T11:24:28","date_gmt":"2020-10-09T11:24:28","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2741703"},"modified":"2020-10-09T11:24:28","modified_gmt":"2020-10-09T11:24:28","slug":"italy-travel-insurance-market-study-an-emerging-hint-of-opportunity-allianz-group-axa-group-filo-diretto-mapfre-sa","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/10\/09\/italy-travel-insurance-market-study-an-emerging-hint-of-opportunity-allianz-group-axa-group-filo-diretto-mapfre-sa\/","title":{"rendered":"Italy Travel Insurance Market Study: An Emerging Hint of Opportunity | Allianz Group, AXA Group, Filo Diretto, MAPFRE SA"},"content":{"rendered":"

Italy Travel Insurance Market by Product Type (Single Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-stay Travel Insurance), by Distribution Channel (Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Insurance Aggregator, and Others) and End User (Senior Citizen, Education Traveler, Backpackers, Business Traveler, Family Traveler, and Fully Independent Traveler) – Opportunity Analysis and Industry Forecasts 2023, Covid 19 Outbreak Impact <\/strong>research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Italy Travel Insurance market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Italy Travel Insurance market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get<\/strong> complete Report (Including Full TOC, 100+ Data Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market <\/strong>Outbreak Impact Analysis & <\/strong>Situation by Region<\/strong><\/p>\n

Download Free Sample Copy of ‘Italy Travel Insurance <\/strong>market’ Report @<\/p>\n

https:\/\/www.reportocean.com\/industry-verticals\/sample-request?report_id=AMR413<\/strong><\/a><\/p>\n

Travel insurance covers the cost incurred due to any problematic incidents while traveling. It includes trip cancellation losses, loss of baggage, medical treatment of patients, and loss of travel documents, evacuation, or deportation during an emergency, and some other unavoidable conditions. In the coming years, the Italy travel insurance market is projected to grow at a significant rate owing to its low penetration rate and growth in tourism industry. According to World Travel & Tourism Council (WTTC), Italy tourism sector will rise by 2.6% in the year 2017, and is expected to contribute around 5.1% of country’s GDP by 2027.<\/strong><\/p>\n

The growth of the travel insurance market is largely attributed to the growth in trend of availing travel insurance as a prerequisite for obtaining Visa to ensure that travelers are adequately covered in case of medical emergencies due to hospitalization in foreign countries and high costs of medical services during travel time.<\/p>\n

However, lack of awareness regarding various insurance schemes and benefits of travel insurance are expected to hamper the growth of the Italy travel insurance market. Moreover, relaxed norms and low fluctuation in rates due to large number of competitors have resulted in decline of gross written premium.<\/p>\n

The market is segmented based on type of distribution channel, product types, end user, and geography. Based on product type, it is classified into single trip, annual multi-trip, and long stay.<\/p>\n

Based on distribution channel, the market is classified into insurance intermediaries, insurance company, bank, insurance broker, insurance aggregators, and others. Based on end user, it is classified into senior citizens, education travelers, backpackers, business travelers, family travelers, and fully independent traveler.<\/p>\n

Some of the significant players profiled in the report are Allianz global assistance SAS, AXA Group, DARAG Deutsche Versicherungs- und Rckversicherungs-AG, Filo Diretto, Generali Group, Gruppo Cattolica Assicurazioni, MAPFRE S.A., Reale Mutua Assicurazioni, and UnipolSai Assicurazioni S.p.A. All these key players are involved in various strategic developments, such as partnerships, collaborations, mergers & acquisition and others to increase their market penetration in the industry.<\/p>\n

KEY BENEFITS FOR STAKEHOLDERS<\/strong><\/p>\n

In-depth analysis of the Italy travel insurance industry along with its dynamics is provided to understand the market scenario.<\/p>\n

Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.<\/p>\n

Porter’s Five Forces analysis examines the competitive structure of the Italy travel insurance market and provides a clear understanding of the factors that influence the market entry and expansion.<\/p>\n

Comprehensive analysis of the trends, sub-segments, and key revenue pockets are provided in the report.<\/p>\n

Detailed analysis of the key players and their business strategies are anticipated to assist stakeholders to take informed business decisions.<\/p>\n

Profile analysis of leading players that operate in the Italy travel insurance market are provided in the report, which highlight the major developmental strategies such as mergers & acquisitions, expansions, and new product launches adopted by these companies.<\/p>\n

Key Segments Studied in the <\/strong>Italy Travel Insurance <\/strong>Market<\/strong><\/p>\n\n\n\n\n\n
Professional Key players:<\/p>\n

UnipolSai Assicurazioni S.p.A<\/strong><\/p>\n

Reale Mutua Assicurazioni<\/strong><\/p>\n

Gruppo Cattolica Assicurazioni<\/strong><\/p>\n

DARAG Deutsche Versicherungs- und Rckversicherungs-AG<\/strong><\/p>\n

Generali Group<\/strong><\/p>\n

Allianz Group<\/strong><\/p>\n

AXA Group<\/strong><\/p>\n

Filo Diretto<\/strong><\/p>\n

MAPFRE SA<\/strong><\/td>\n<\/tr>\n

Market Segmentation:<\/td>\n<\/tr>\n
Italy Travel Insurance Market by Product Type (Single Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-stay Travel Insurance), by Distribution Channel (Insurance Intermediaries, Insurance Company, Bank, Insurance Broker, Insurance Aggregator, and Others) and End User (Senior Citizen, Education Traveler, Backpackers, Business Traveler, Family Traveler, and Fully Independent Traveler) – Opportunity Analysis and Industry Forecasts, 2016-2023<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/strong>A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020\/ 2021<\/strong><\/p>\n\n\n\n\n\n
covid-19 scenario<\/strong><\/td>\nMarket Behavior\/ Level of Risk and Opportunity<\/strong><\/td>\nEnd Industry Behavior\/ Opportunity Assessment<\/strong><\/td>\nExpected Industry Recovery Timeline<\/strong><\/td>\nBusiness Impact Horizon<\/strong><\/td>\n<\/tr>\n
Opening of Economy by Q3 2020<\/strong><\/td>\nxx<\/td>\nxx<\/td>\nxx<\/td>\nxx<\/td>\n<\/tr>\n
Recovery – Opening of Economy extended till Q4 2020 \/ Q1 2021<\/strong><\/td>\nxx<\/td>\nxx<\/td>\nxx<\/td>\nxx<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A systematic step framework for How to Tackle The Situation…<\/strong> “MITIGATE” | “SUSTAIN” | “GROW”: <\/strong>Business Strategy Recovery, Scenario and Planning<\/p>\n

Economic Consequences of the COVID-19 Outbreak on Market:<\/strong>The Study Explore COVID 19 Outbreak Impact Analysis & Conclusion by <\/strong>Economic Impact & Risk Factors<\/strong><\/p>\n