The U.S. business travel accident insurance market is driven by increase in demand for online platforms to purchase insurance also rise in international trade and business expansion globally enhance market growth, while low consumer experiences in terms of and rise in concern regarding data posses emerging challenges for future development.
Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELING
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.8 DBMR MARKET POSITION GRID
2.9 DBMR VENDOR SHARE ANALYSIS
2.1 MARKET END-USER COVERAGE GRID
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 DRIVERS
5.1.1 INCREASE IN DEMAND FOR ONLINE PLATFORMS TO PURCHASE INSURANCE
5.1.2 RISE IN INTERNATIONAL TRADE AND BUSINESS EXPANSION GLOBALLY
5.1.3 RISE IN INCIDENT OF LOSS OF LUGGAGE DUE TO INCREASE IN TOURISM
5.1.4 INCREASE IN TRAVELING FOR BUSINESS OR VACATION PURPOSE
5.2 RESTRAINTS
5.2.1 LOW CONSUMER EXPERIENCES IN TERMS OF COVERAGE
5.2.2 LACK OF GUIDANCE TOWARDS BUSINESS TRAVEL ACCIDENT INSURANCE
5.3 OPPORTUNITIES
5.3.1 RISE IN ATTRACTIVE FEATURES TO THE INSURANCE PLAN BY THE COMPANIES
5.3.2 RISE IN SAFETY CONCERNS AMONG THE PEOPLE
5.3.3 INCREASE IN TECHNOLOGICAL DEVELOPMENT IN THE INSURANCE INDUSTRY
5.4 CHALLENGE
5.4.1 RISE IN CONCERN REGARDING DATA
6 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE
6.1 OVERVIEW
6.2 SINGLE TRIP COVERAGE
6.3 ANNUAL MULTI-TRIP COVERAGE
6.4 OTHERS
7 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY USER TYPE
7.1 OVERVIEW
7.2 B2B
7.3 B2C
7.4 B2B2C
8 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY DISTRIBUTION CHANNEL
8.1 OVERVIEW
8.2 INSURANCE BROKERS
8.3 INSURANCE AGGREGATORS
8.4 INSURANCE COMPANY
8.5 BANK
8.6 OTHERS
9 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY COVERAGE
9.1 OVERVIEW
9.2 ACCIDENTAL MEDICAL
9.2.1 ACCIDENTAL MEDICAL, BY TYPE
9.3 ACCIDENTAL DEATH
9.4 ACCIDENTAL DISMEMBERMENT
9.5 OUT-OF-COUNTRY MEDICAL
9.6 EMERGENCY MEDICAL EVACUATION
9.7 SECURITY EVACUATION
9.8 OTHERS
10 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY POLICY TYPE
10.1 OVERVIEW
10.2 LOCAL POLICIES
10.3 GLOBAL POLICIES
10.4 CONTROLLED MASTER PROGRAM
11 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY BUSINESS SIZE
11.1 OVERVIEW
11.2 LARGE BUSINESSES (MORE THAN 500 EMPLOYEES)
11.3 MID SIZE BUSINESSES (10 - 500 EMPLOYEES)
11.4 SMALL BUSINESSES (2 - 10 EMPLOYEES)
12 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY END-USER
12.1 OVERVIEW
12.2 CORPORATE
12.3 GOVERNMENT
12.4 INTERNATIONAL TRAVELERS AND EMPLOYEES (EXPATS)
13 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: COMPANY LANDSCAPE
13.1 COMPANY SHARE ANALYSIS: U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET
14 SWOT ANALYSIS
15 COMPANY PROFILES
15.1 CHUBB
15.1.1 COMPANY SNAPSHOT
15.1.2 REVENUE ANALYSIS
15.1.3 PRODUCT PORTFOLIO
15.1.4 RECENT DEVELOPMENTS
15.2 AGA SERVICE COMPANY (A SUBSIDIARY OF ALLIANZ PARTNERS)
15.2.1 COMPANY SNAPSHOT
15.2.2 PRODUCT PORTFOLIO
15.2.3 RECENT DEVELOPMENTS
15.3 AMERICAN INTERNATIONAL GROUP, INC
15.3.1 COMPANY SNAPSHOT
15.3.2 REVENUE ANALYSIS
15.3.3 PRODUCT PORTFOLIO
15.3.4 RECENT DEVELOPMENTS
15.4 AXA PARTNERS USA S.A (A SUBSIDIARY OF AXA)
15.4.1 COMPANY SNAPSHOT
15.4.2 PRODUCT PORTFOLIO
15.4.3 RECENT DEVELOPMENTS
15.5 THE HARTFORD
15.5.1 COMPANY SNAPSHOT
15.5.2 REVENUE ANALYSIS
15.5.3 PRODUCT PORTFOLIO
15.5.4 RECENT DEVELOPMENTS
15.6 AMERICAN EXPRESS
15.6.1 COMPANY SNAPSHOT
15.6.2 REVENUE ANALYSIS
15.6.3 PRODUCT PORTFOLIO
15.6.4 RECENT DEVELOPMENTS
15.7 ARCH INSURANCE (A SUBSIDIARY OF ARCH CAPITAL GROUP LTD.)
15.7.1 COMPANY SNAPSHOT
15.7.2 PRODUCT PORTFOLIO
15.7.3 RECENT DEVELOPMENTS
15.8 BERKSHIRE HATHAWAY SPECIALTY INSURANCE (A SUBSIDIARY OF BERKSHIRE HATHAWAY GROUP OF INSURANCE COMPANIES)
15.8.1 COMPANY SNAPSHOT
15.8.2 PRODUCT PORTFOLIO
15.8.3 RECENT DEVELOPMENTS
15.9 BERKLEY ACCIDENT AND HEALTH
15.9.1 COMPANY SNAPSHOT
15.9.2 PRODUCT PORTFOLIO
15.9.3 RECENT DEVELOPMENT
15.1 GENERALI GLOBAL ASSISTANCE (A SUBSIDIARY OF ASSICURAZIONI GENERALI S.P.A.)
15.10.1 COMPANY SNAPSHOT
15.10.2 PRODUCT PORTFOLIO
15.10.3 RECENT DEVELOPMENTS
15.11 INSUBUY, LLC
15.11.1 COMPANY SNAPSHOT
15.11.2 PRODUCT PORTFOLIO
15.11.3 RECENT DEVELOPMENT
15.12 INTERNATIONAL MEDICAL GROUP, INC
15.12.1 COMPANY SNAPSHOT
15.12.2 PRODUCT PORTFOLIO
15.12.3 RECENT DEVELOPMENTS
15.13 METLIFE SERVICES AND SOLUTIONS, LLC
15.13.1 COMPANY SNAPSHOT
15.13.2 REVENUE ANALYSIS
15.13.3 PRODUCT PORTFOLIO
15.13.4 RECENT DEVELOPMENTS
15.14 TOKIO MARINE HCC
15.14.1 COMPANY SNAPSHOT
15.14.2 PRODUCT PORTFOLIO
15.14.3 RECENT DEVELOPMENT
15.15 TRAVEL INSURED INTERNATIONAL (A SUBSIDIARY OF CRUM & FORSTER)
15.15.1 COMPANY SNAPSHOT
15.15.2 PRODUCT PORTFOLIO
15.15.3 RECENT DEVELOPMENTS
15.16 TRAVELEX INSURANCE SERVICES INC. (A SUBSIDIARY OF ZURICH INSURANCE GROUP)
15.16.1 COMPANY SNAPSHOT
15.16.2 PRODUCT PORTFOLIO
15.16.3 RECENT DEVELOPMENT
15.17 VISITORSCOVERAGE INC.
15.17.1 COMPANY SNAPSHOT
15.17.2 PRODUCT PORTFOLIO
15.17.3 RECENT DEVELOPMENTS
16 QUESTIONNAIRE
17 RELATED REPORTS
List of Table
TABLE 1 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 2 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY USER TYPE, 2022-2031 (USD MILLION)
TABLE 3 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY DISTRIBUTION CHANNEL, 2022-2031 (USD MILLION)
TABLE 4 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY COVERAGE, 2022-2031 (USD MILLION)
TABLE 5 U.S. ACCIDENTAL MEDICAL IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 6 U.S. ACCIDENTAL DEATH IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 7 U.S. ACCIDENTAL DISMEMBERMENT IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 8 U.S. OUT-OF-COUNTRY MEDICAL IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 9 U.S. EMERGENCY MEDICAL EVACUATION IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 10 U.S. SECURITY EVACUATION IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 11 U.S. OTHERS IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE, 2022-2031 (USD MILLION)
TABLE 12 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY POLICY TYPE, 2022-2031 (USD MILLION)
TABLE 13 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY BUSINESS SIZE, 2022-2031 (USD MILLION)
TABLE 14 U.S. LARGE BUSINESSES (MORE THAN 500 EMPLOYEES) IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY COVERAGE, 2022-2031 (USD MILLION)
TABLE 15 U.S. MID SIZE BUSINESSES (10 - 500 EMPLOYEES) IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY COVERAGE, 2022-2031 (USD MILLION)
TABLE 16 U.S. SMALL BUSINESSES (2 - 10 EMPLOYEES) IN BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY COVERAGE, 2022-2031 (USD MILLION)
TABLE 17 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY END-USER, 2022-2031 (USD MILLION)
List of Figure
FIGURE 1 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET
FIGURE 2 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: DATA TRIANGULATION
FIGURE 3 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: DROC ANALYSIS
FIGURE 4 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: COUNTRY-WISE MARKET ANALYSIS
FIGURE 5 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: COMPANY RESEARCH ANALYSIS
FIGURE 6 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: MULTIVARIATE MODELLING
FIGURE 7 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: INTERVIEW DEMOGRAPHICS
FIGURE 8 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: DBMR MARKET POSITION GRID
FIGURE 9 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: VENDOR SHARE ANALYSIS
FIGURE 10 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: END-USER COVERAGE GRID
FIGURE 11 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: SEGMENTATION
FIGURE 12 THREE SEGMENTS COMPRISE THE U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET, BY TYPE
FIGURE 13 U.S. EXECUTIVE SUMMARY
FIGURE 14 STRATEGIC DECISIONS
FIGURE 15 INCREASE IN DEMAND FOR ONLINE PLATFORMS TO PURCHASE INSURANCE IS EXPECTED TO DRIVE THE U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET IN THE FORECAST PERIOD
FIGURE 16 THE SINGLE TRIP COVERAGE SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET IN 2024 AND 2031
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES FOR U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET
FIGURE 18 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY TYPE, 2023
FIGURE 19 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY USER TYPE, 2023
FIGURE 20 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY DISTRIBUTION CHANNEL, 2023
FIGURE 21 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY COVERAGE, 2023
FIGURE 22 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY POLICY TYPE, 2023
FIGURE 23 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY BUSINESS SIZE, 2023
FIGURE 24 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: BY END-USER, 2023
FIGURE 25 U.S. BUSINESS TRAVEL ACCIDENT INSURANCE MARKET: COMPANY SHARE 2023 (%)
