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Finance, Insurance and Assistance in the Travel Sector in Europe

  • Publication Date:June 2006
  • Publisher:Finaccord
  • Product Type: Report
  • Pages:210

Finance, Insurance and Assistance in the Travel Sector in Europe

Finance, Insurance and Assistance in the Travel Sector in Europe is a report whose primary focus lies on the €3 billion market for travel insurance and assistance in ten countries in Europe - Belgium, France, Germany, Italy, the Netherlands, Norway, Poland, Spain, Sweden and the UK. The study also considers the provision of point-of-sale finance and co-branded credit cards through travel firms in the same territories. The report draws on extensive primary and secondary research covering 1,175 travel firms in Europe including airlines, ferry / railway operators, on-line travel portals and student / gap year travel firms as well as mainstream tour operators and travel agents. In addition, the study also summarises the salient points arising from related research undertaken by Finaccord into credit card-related travel cover and bank sales of stand-alone travel insurance and assistance in Europe.

Key features of this report include:

  • investigation into 820+ distribution partnerships between providers of travel insurance and assistance and travel entities;
  • presentation of average, observed customer take-up rates for travel insurance and assistance policies marketed through the travel trade distribution channel;
  • comparison of the importance of other distribution options including banks, credit cards, direct sales and affinity / alternative distribution channels;
  • forecasts of the market for travel insurance and assistance in each country to 2009 expressed both in terms of gross premiums written and single trip / annual policies sold;
  • coverage of over 60 schemes for co-branded credit cards in the European travel sector;
  • As such, the study provides a comprehensive and detailed overview of the market for finance, insurance and assistance in the travel sector of the ten countries that goes far beyond the scope of previous published research and standard industry association statistics.

Moreover, the PartnerBASE database that accompanies the report details each of the 820+ travel trade marketing initiatives traced by Finaccord for travel insurance and assistance policies.

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