Cover Image
Market Research Report

Italy Travel Insurance Market By Insurance Cover, Distribution Channel, Distribution Mode (Business-to-Business, Business-to-Consumer, and Business-to-Business-to-Consumer, and End User : Opportunity Analysis and Industry Forecast, 2020-2027

Published by Allied Market Research Product code 955624
Published Content info 134 Pages
Delivery time: 2-3 business days
Price
Back to Top
Italy Travel Insurance Market By Insurance Cover, Distribution Channel, Distribution Mode (Business-to-Business, Business-to-Consumer, and Business-to-Business-to-Consumer, and End User : Opportunity Analysis and Industry Forecast, 2020-2027
Published: July 1, 2020 Content info: 134 Pages
Description

Title:
Italy Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), Distribution Mode (Business-to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Business-to-Consumer (B2B2C), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Opportunity Analysis and Industry Forecast, 2020-2027.

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 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 increase in the tourism industry. In addition, Italy is a unitary parliamentary republic in Europe, therefore demand for travel & tourism largely takes place in the country.

The growth of the Italy travel insurance market is largely attributed to the growth in trends for availing travel insurance as a prerequisite for obtaining Visa in the country. In addition, depending on coverages, travel insurance providers in the country offer different plans by covering costs and losses associated with traveling. Further, several intermediaries in distribution channel such as insurance aggregators, banks, insurance brokers provide consumers with various options to compare products and prices, suggest suitable policies, and others.

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 in the Italy travel insurance market.

Conversely, technological developments such as artificial intelligence (AI), data analytics, geo-location, application program interface (API), and global positioning system (GPS), among others are providing innovative opportunities for insurers in the market. The insurers in the country are expected to enhance existing distribution platforms of travel insurance to accelerate productivity and provide seamless user experiences with the help of digital technologies. Thus, these factors are expected to provide lucrative opportunities during the forecast period.

The Italy travel insurance market is segmented on the basis of insurance cover, distribution channel, distribution mode, and end user. In terms of insurance cover, it is segmented into single-trip travel insurance, annual multi-trip travel insurance, and long-stay travel insurance. Based on distribution channel, it is classified into insurance intermediaries, insurance companies, banks, insurance brokers, and insurance aggregators.

On the basis of distribution mode, it is segmented into business-to-business (B2B), business-to-consumer (B2C), and business-to-business-to-consumer (B2B2C). Based on end user, it is segmented into senior citizens, education travelers, business travelers, family travelers, and others.

The key players profiled in the Italy travel insurance market analysis are Allianz, American International Group, Inc. , AXA, ASSICURAZIONI GENERALI S.P.A., Cattolica Assicurazioni, Columbus Direct, ERGO Group AG , IMA Italia Assistance S.p.A., Insure & Go Insurance Services Limited, Italy Travel Company, MAPFRE, Nobis Insurance Company SpA, and Reale Mutua Assicurazioni. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits For Stakeholders

The study provides an in-depth analysis of the Italy travel insurance market along with the current & future trends to elucidate the imminent investment pockets.

Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.

Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.

The quantitative analysis of the Italy travel insurance market from 2020 to 2027 is provided to determine the market potential.

Italy Travel Insurance Market Segments

By Insurance Cover

  • Single-Trip Travel Insurance
  • Annual Multi-Trip Travel Insurance
  • Long-Stay Travel Insurance

By Distribution Channel

  • Insurance Intermediaries
  • Insurance Companies
  • Banks
  • Insurance Brokers
  • Insurance Aggregators

By Distribution Mode

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Business-to-Business-to-Consumer (B2B2C)

By End User

  • Senior Citizens
  • Education Travelers
  • Business Travelers
  • Family Travelers
  • Others
  • Key Market Players
  • Allianz
  • American International Group Inc.
  • AXA
  • ASSICURAZIONI GENERALI S.P.A.
  • Cattolica Assicurazioni
  • Columbus Direct
  • ERGO Group AG
  • IMA Italia Assistance S.p.A.
  • Insure & Go Insurance Services Limited
  • Italy Travel Company
  • MAPFRE
  • Nobis Insurance Company SpA
  • Reale Mutua Assicurazioni
Table of Contents
Product Code: A04176

TABLE OF CONTENTS

CHAPTER 1: INTRODUCTION

  • 1.1. Report description
  • 1.2. Key benefits for stakeholders
  • 1.3. Key market segments
  • 1.4. Research methodology
    • 1.4.1. Secondary research
    • 1.4.2. Primary research
    • 1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

  • 2.1. Key findings
    • 2.1.1. Top impacting factors
    • 2.1.2. Top investment pockets
  • 2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

  • 3.1. Market definition and scope
  • 3.2. Key forces shaping the Italy travel insurance market
  • 3.3. Market dynamics
    • 3.3.1. Drivers
      • 3.3.1.1. Rapid growth in tourism
      • 3.3.1.2. Convenient shopping due to online comparison sites
      • 3.3.1.3. Travel rule and regulations
    • 3.3.2. Restraint
      • 3.3.2.1. Lack of awareness regarding travel insurance policy
    • 3.3.3. Opportunities
      • 3.3.3.1. Expansion of products and services
      • 3.3.3.2. New technological developments in the Italy travel insurance industry
  • 3.4. COVID-19 impact analysis on Italy travel insurance market
    • 3.4.1. Impact on travel & tourism industry
    • 3.4.2. Impact on Italy travel insurance market size
    • 3.4.3. Change in travelers' trends, preferences, and budget impact due to COVID-19
    • 3.4.4. Framework for solving market challenges faced by travel insurance providers and policy adopters in the country
    • 3.4.5. Economic impact on travel insurers
    • 3.4.6. Key player strategies to tackle negative impact in the industry
    • 3.4.7. Opportunity analysis for travel insurance policy providers

CHAPTER 4: ITALY TRAVEL INSURANCE MARKET, BY INSURANCE COVER

  • 4.1. Overview
  • 4.2. Single-trip travel insurance
    • 4.2.1. Key market trends, growth factors, and opportunities
    • 4.2.2. Market size and forecast
  • 4.3. Annual multi-trip travel insurance
    • 4.3.1. Key market trends, growth factors, and opportunities
    • 4.3.2. Market size and forecast
  • 4.4. Long-stay travel insurance
    • 4.4.1. Key market trends, growth factors, and opportunities
    • 4.4.2. Market size and forecast

CHAPTER 5: ITALY TRAVEL INSURANCE MARKET, BY DISTRIBUTION CHANNEL

  • 5.1. Overview
  • 5.2. Insurance intermediaries
    • 5.2.1. Key market trends, growth factors, and opportunities
    • 5.2.2. Market size and forecast
  • 5.3. Insurance companies
    • 5.3.1. Key market trends, growth factors, and opportunities
    • 5.3.2. Market size and forecast
  • 5.4. Banks
    • 5.4.1. Key market trends, growth factors, and opportunities
    • 5.4.2. Market size and forecast
  • 5.5. Insurance brokers
    • 5.5.1. Key market trends, growth factors, and opportunities
    • 5.5.2. Market size and forecast
  • 5.6. Insurance aggregators
    • 5.6.1. Key market trends, growth factors, and opportunities
    • 5.6.2. Market size and forecast

CHAPTER 6: ITALY TRAVEL INSURANCE MARKET, BY DISTRIBUTION MODE

  • 6.1. Overview
  • 6.2. Business-to-business (B2B)
    • 6.2.1. Key market trends, growth factors, and opportunities
    • 6.2.2. Market size and forecast
  • 6.3. Business-to-consumer (B2C)
    • 6.3.1. Key market trends, growth factors, and opportunities
    • 6.3.2. Market size and forecast
  • 6.4. Business-to-business-to-consumer (B2B2C)
    • 6.4.1. Key market trends, growth factors, and opportunities
    • 6.4.2. Market size and forecast

CHAPTER 7: ITALY TRAVEL INSURANCE MARKET, BY END USER

  • 7.1. Overview
  • 7.2. Senior citizens
    • 7.2.1. Key market trends, growth factors, and opportunities
    • 7.2.2. Market size and forecast
  • 7.3. Education travelers
    • 7.3.1. Key market trends, growth factors, and opportunities
    • 7.3.2. Market size and forecast
  • 7.4. Business travelers
    • 7.4.1. Key market trends, growth factors, and opportunities
    • 7.4.2. Market size and forecast
  • 7.5. Family travelers
    • 7.5.1. Key market trends, growth factors, and opportunities
    • 7.5.2. Market size and forecast
  • 7.6. Others
    • 7.6.1. Key market trends, growth factors, and opportunities
    • 7.6.2. Market size and forecast

CHAPTER 8: COMPETITIVE LANDSCAPE

  • 8.1. Introduction
    • 8.1.1. Market player positioning, 2019
    • 8.1.2. Top winning strategies

CHAPTER 9: COMPANY PROFILES

  • 9.1. ALLIANZ GROUP
    • 9.1.1. Company overview
    • 9.1.2. Key executive
    • 9.1.3. Company snapshot
    • 9.1.5. Operating business segments
    • 9.1.6. Product portfolio
    • 9.1.7. Business performance
    • 9.1.8. Key strategic moves and developments
  • 9.2. AMERICAN INTERNATIONAL GROUP, INC.
    • 9.2.1. Company overview
    • 9.2.2. Key executive
    • 9.2.3. Company snapshot
    • 9.2.4. Operating business segments
    • 9.2.5. Product portfolio
    • 9.2.6. Business performance
    • 9.2.7. Key strategic moves and developments
  • 9.3. AXA
    • 9.3.1. Company overview
    • 9.3.2. Key executive
    • 9.3.3. Company snapshot
    • 9.3.4. Operating business segments
    • 9.3.5. Product portfolio
    • 9.3.6. Business performance
    • 9.3.7. Key strategic moves and developments
  • 9.4. ASSICURAZIONI GENERALI S.P.A.
    • 9.4.1. Company overview
    • 9.4.2. Key executive
    • 9.4.3. Company snapshot
    • 9.4.4. Product portfolio
    • 9.4.5. Business performance
    • 9.4.6. Key strategic moves and developments
  • 9.5. CATTOLICA ASSICURAZIONI
    • 9.5.1. Company overview
    • 9.5.2. Key executive
    • 9.5.3. Company snapshot
    • 9.5.4. Product portfolio
    • 9.5.5. Business performance
  • 9.6. COLUMBUS DIRECT
    • 9.6.1. Company overview
    • 9.6.2. Key executive
    • 9.6.3. Company snapshot
    • 9.6.4. Product portfolio
  • 9.7. ERGO GROUP AG
    • 9.7.1. Company overview
    • 9.7.2. Key executive
    • 9.7.3. Company snapshot
    • 9.7.4. Product portfolio
  • 9.8. IMA ITALIA ASSISTANCE S.p.A.
    • 9.8.1. Company overview
    • 9.8.2. Key executive
    • 9.8.3. Company snapshot
    • 9.8.4. Product portfolio
  • 9.9. INSURE & GO INSURANCE SERVICES LIMITED
    • 9.9.1. Company overview
    • 9.9.2. Key executive
    • 9.9.3. Company snapshot
    • 9.9.4. Product portfolio
  • 9.10. ITALY TRAVEL COMPANY
    • 9.10.1. Company overview
    • 9.10.2. Company snapshot
    • 9.10.3. Product portfolio
  • 9.11. MAPFRE
    • 9.11.1. Company overview
    • 9.11.2. Key executive
    • 9.11.3. Company snapshot
    • 9.11.4. Product portfolio
    • 9.11.5. Business performance
  • 9.12. NOBIS INSURANCE COMPANY SpA
    • 9.12.1. Company overview
    • 9.12.2. Key executive
    • 9.12.3. Company snapshot
    • 9.12.4. Product portfolio
    • 9.12.5. Key strategic moves and developments
  • 9.13. REALE MUTUA ASSICURAZIONI
    • 9.13.1. Company overview
    • 9.13.2. Key executive
    • 9.13.3. Company snapshot
    • 9.13.4. Product portfolio

LIST OF TABLES

  • TABLE 01. ITALY TRAVEL INSURANCE MARKET REVENUE, BY INSURANCE COVER, 2019-2027 ($MILLION)
  • TABLE 02. ITALY TRAVEL INSURANCE MARKET REVENUE FOR SINGLE-TRIP INSURANCE, 2019-2027 ($MILLION)
  • TABLE 03. ITALY TRAVEL INSURANCE MARKET REVENUE FOR ANNUAL MULTI-TRIP INSURANCE, 2019-2027 ($MILLION)
  • TABLE 04. ITALY TRAVEL INSURANCE MARKET REVENUE FOR LONG-STAY TRAVEL INSURANCE, 2019-2027 ($MILLION)
  • TABLE 05. ITALY TRAVEL INSURANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019-2027 ($MILLION)
  • TABLE 06. ITALY TRAVEL INSURANCE MARKET REVENUE FOR INSURANCE INTERMEDIARIES, 2019-2027 ($MILLION)
  • TABLE 07. ITALY TRAVEL INSURANCE MARKET REVENUE FOR INSURANCE COMPANIES, 2019-2027 ($MILLION)
  • TABLE 08. ITALY TRAVEL INSURANCE MARKET REVENUE FOR BANKS, 2019-2027 ($MILLION)
  • TABLE 09. ITALY TRAVEL INSURANCE MARKET REVENUE FOR INSURANCE BROKERS, 2019-2027 ($MILLION)
  • TABLE 10. ITALY TRAVEL INSURANCE MARKET REVENUE FOR INSURANCE AGGREGATORS, 2019-2027 ($MILLION)
  • TABLE 11. ITALY TRAVEL INSURANCE MARKET REVENUE, BY DISTRIBUTION MODE, 2019-2027 ($MILLION)
  • TABLE 12. ITALY TRAVEL INSURANCE MARKET REVENUE FOR B2B DISTRIBUTION MODE, 2019-2027 ($MILLION)
  • TABLE 13. ITALY TRAVEL INSURANCE MARKET REVENUE FOR B2C DISTRIBUTION MODE, 2019-2027 ($MILLION)
  • TABLE 14. ITALY TRAVEL INSURANCE MARKET REVENUE FOR B2B2C DISTRIBUTION MODE, 2019-2027 ($MILLION)
  • TABLE 15. ITALY TRAVEL INSURANCE MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
  • TABLE 16. ITALY TRAVEL INSURANCE MARKET REVENUE FOR SENIOR CITIZENS, 2019-2027 ($MILLION)
  • TABLE 17. ITALY TRAVEL INSURANCE MARKET REVENUE FOR EDUCATION TRAVELERS, 2019-2027 ($MILLION)
  • TABLE 18. ITALY TRAVEL INSURANCE MARKET REVENUE FOR BUSINESS TRAVELERS, 2019-2027 ($MILLION)
  • TABLE 19. ITALY TRAVEL INSURANCE MARKET REVENUE FOR FAMILY TRAVELERS, 2019-2027 ($MILLION)
  • TABLE 20. ITALY TRAVEL INSURANCE MARKET REVENUE FOR OTHERS, 2019-2027 ($MILLION)
  • TABLE 21. ALLIANZ: KEY EXECUTIVE
  • TABLE 22. ALLIANZ: COMPANY SNAPSHOT
  • TABLE 23. ALLIANZ: OPERATING SEGMENTS
  • TABLE 24. ALLIANZ GROUP: PRODUCT PORTFOLIO
  • TABLE 25. AMERICAN INTERNATIONAL GROUP, INC.: KEY EXECUTIVE
  • TABLE 26. AMERICAN INTERNATIONAL GROUP, INC.: COMPANY SNAPSHOT
  • TABLE 27. AMERICAN INTERNATIONAL GROUP, INC. OPERATING SEGMENTS
  • TABLE 28. AMERICAN INTERNATIONAL GROUP, INC.: PRODUCT PORTFOLIO
  • TABLE 29. AXA: KEY EXECUTIVE
  • TABLE 30. AXA: COMPANY SNAPSHOT
  • TABLE 31. AXA: OPERATING CATEGORIES
  • TABLE 32. AXA: PRODUCT PORTFOLIO
  • TABLE 33. ASSICURAZIONI GENERALI S.P.A.: KEY EXECUTIVE
  • TABLE 34. ASSICURAZIONI GENERALI S.P.A.: COMPANY SNAPSHOT
  • TABLE 35. ASSICURAZIONI GENERALI S.P.A.: PRODUCT PORTFOLIO
  • TABLE 36. CATTOLICA ASSICURAZIONI: KEY EXECUTIVE
  • TABLE 37. CATTOLICA ASSICURAZIONI: COMPANY SNAPSHOT
  • TABLE 38. CATTOLICA ASSICURAZIONI: PRODUCT PORTFOLIO
  • TABLE 39. COLUMBUS DIRECT: KEY EXECUTIVE
  • TABLE 40. COLUMBUS DIRECT: COMPANY SNAPSHOT
  • TABLE 41. COLUMBUS DIRECT: PRODUCT PORTFOLIO
  • TABLE 42. ERGO GROUP AG: KEY EXECUTIVE
  • TABLE 43. ERGO GROUP AG: COMPANY SNAPSHOT
  • TABLE 44. ERGO GROUP AG: PRODUCT PORTFOLIO
  • TABLE 45. IMA ITALIA ASSISTANCE S.P.A.: KEY EXECUTIVE
  • TABLE 46. IMA ITALIA ASSISTANCE S.P.A.: COMPANY SNAPSHOT
  • TABLE 47. IMA ITALIA ASSISTANCE S.P.A.: PRODUCT PORTFOLIO
  • TABLE 48. INSURE & GO INSURANCE SERVICES LIMITED: KEY EXECUTIVE
  • TABLE 49. INSURE & GO INSURANCE SERVICES LIMITED: COMPANY SNAPSHOT
  • TABLE 50. INSURE & GO INSURANCE SERVICES LIMITED: PRODUCT PORTFOLIO
  • TABLE 51. ITALY TRAVEL COMPANY: COMPANY SNAPSHOT
  • TABLE 52. ITALY TRAVEL COMPANY: PRODUCT PORTFOLIO
  • TABLE 53. MAPFRE: KEY EXECUTIVE
  • TABLE 54. MAPFRE: COMPANY SNAPSHOT
  • TABLE 55. MAPFRE: PRODUCT PORTFOLIO
  • TABLE 56. NOBIS INSURANCE COMPANY SPA: KEY EXECUTIVE
  • TABLE 57. NOBIS INSURANCE COMPANY SPA: COMPANY SNAPSHOT
  • TABLE 58. NOBIS INSURANCE COMPANY SPA: PRODUCT PORTFOLIO
  • TABLE 59. REALE MUTUA ASSICURAZIONI: KEY EXECUTIVE
  • TABLE 60. REALE MUTUA ASSICURAZIONI: COMPANY SNAPSHOT
  • TABLE 61. REALE MUTUA ASSICURAZIONI: PRODUCT PORTFOLIO

LIST OF FIGURES

  • FIGURE 01. KEY MARKET SEGMENTS
  • FIGURE 02. ITALY TRAVEL INSURANCE MARKET, 2019-2027
  • FIGURE 04. TOP IMPACTING FACTORS
  • FIGURE 05. TOP INVESTMENT POCKETS
  • FIGURE 06. LOW BARGAINING POWER OF SUPPLIERS
  • FIGURE 07. HIGH BARGAINING POWER OF BUYER
  • FIGURE 08. MODERATE THREAT OF SUBSTITUTES
  • FIGURE 09. MODERATE THREAT OF NEW ENTRANTS
  • FIGURE 10. HIGH COMPETITIVE RIVALRY
  • FIGURE 11. ITALY TRAVEL INSURANCE MARKET, BY INSURANCE COVER, 2019-2027
  • FIGURE 12. ITALY TRAVEL INSURANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019-2027 ($MILLION)
  • FIGURE 13. ITALY TRAVEL INSURANCE MARKET REVENUE, BY DISTRIBUTION MODE, 2019-2027 ($MILLION)
  • FIGURE 14. ITALY TRAVEL INSURANCE MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
  • FIGURE 15. MARKET PLAYER POSITIONING, 2019
  • FIGURE 16. TOP WINNING STRATEGIES, BY YEAR, 2018-2020
  • FIGURE 17. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2020
  • FIGURE 18. TOP WINNING STRATEGIES, BY COMPANY, 2018-2020
  • FIGURE 19. ALLIANZ: NET SALES, 2017-2019 ($MILLION)
  • FIGURE 20. ALLIANZ: REVENUE SHARE BY SEGMENT (2019)
  • FIGURE 21. AMERICAN INTERNATIONAL GROUP, INC.: NET SALES, 2017-2019 ($MILLION)
  • FIGURE 22. AMERICAN INTERNATIONAL GROUP, INC.: REVENUE SHARE BY SEGMENT (2019)
  • FIGURE 23. AMERICAN INTERNATIONAL GROUP, INC.: REVENUE SHARE BY REGION (2019)
  • FIGURE 24. AXA:NET SALES, 2017-2019 ($MILLION)
  • FIGURE 25. AXA: REVENUE SHARE BY SEGMENT (2019)
  • FIGURE 26. ASSICURAZIONI GENERALI S.P.A.: NET PROFIT, 2017-2019 ($MILLION)
  • FIGURE 27. CATTOLICA ASSICURAZIONI: NET PROFIT, 2017-2019 ($MILLION)
  • FIGURE 28. MAPFRE: NET PROFIT, 2017-2019 ($MILLION)
Back to Top