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Travel Insurance in the UAE

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Bharatbook  announces a new report on " Travel Insurance in the UAE"   is about the current status and likely future development of the market for stand-alone travel insurance policies in the UAE.
 
  It includes the following unique features:
 
 - data spanning 2008 to 2012 for the underlying travel market with segmentations by type of journey (between holiday and business trips) and with related commentary concerning the popularity of different overseas destinations;
 
 - data for the size of the market for stand-alone travel insurance and assistance in the UAE between 2008 and 2012 in terms of premiums and policies, with a segmentation between single-trip and annual cover;
 
 - analyses of the share of distribution relationships of travel insurance providers split between travel trade, transportation and financial organisations, based on a primary survey of over 90 actual and potential distributors of stand-alone travel policies;
 
 - a review of other direct and affinity distribution channels used in the UAE, including cover packaged with payment cards and bank accounts as well as automotive clubs, direct sales, online aggregators and brokers, other online brands and retailers;
 
 - forecasts to 2016 for both the underlying travel market and for the size of the market for stand-alone travel insurance and assistance in terms of premiums and policies, with the same segmentations as those specified above for the period from 2008 to 2012.
 
 The report is accompanied by an Excel PartnerBASE™ dataset that details the travel insurance partnerships of each of the travel trade, transportation and financial organisations covered, plus a convenient market data annexe, also in Excel format. This annexe can be used as a convenient source of data already in Excel format which means that there is no need for users to re-enter data from the PDF report into their own Excel worksheets.
 0.0 EXECUTIVE SUMMARY
 
 1.0 INTRODUCTION
 
 What is this report about?
 Rationale
 This report builds upon Finaccord's ground-breaking studies of this topic in other regions
 Methodology
 Primary research
 The survey includes more than 90 travel trade, transportation and financial organisations…
 …and draws on an analysis of various travel benefits linked to banking products
 Market data
 External sources
 Travel insurance and assistance: how it all fits together
 The term 'travel insurance' can refer to protection from a heterogeneous range of risks…
 ...and assistance companies play a fundamental role in the global travel insurance industry
 Definitions
 Terms and abbreviations
 Types of packaged travel insurance and assistance
 Operating models
 Currencies, exchange rates and inflation
 PartnerBASE
 Finaccord
 
 2.0 MARKET ANALYSIS
 
 Introduction
 Underlying foreign travel market
 Residents of the UAE undertake over 5 million foreign trips each year
 Popular holiday destinations in Asia include Malaysia, Singapore and Thailand
 Market for travel insurance and assistance
 Despite weak growth in the volume of outbound travel, the UAE market is still growing…
 …and the use of annual policies, many of which are held by business travellers, is growing
 Distribution through travel trade, transportation and financial organisations
 Summary of organisations researched
 Provision rates
 Availability of stand-alone travel cover from mainstream travel agents is seemingly universal
 Operating models
 The vast majority of distributors in the UAE choose to partner with a single, external underwriter
 Competitor share of partnerships
 Three insurers, led by AXA, account for more than 75% of schemes operated by the travel trade...
 …and Chartis is one of a number of underwriters to benefit from centralised agreements
 The contracts of Mondial Assistance in the UAE are supported by one of two underwriters…
 …and Chartis partners directly with three airlines
 Thus far, many underwriters have only managed to partner with one financial distributor
 Travel insurance and assistance linked to payment cards and bank accounts
 
  For more information kindly visit : http://www.bharatbook.com/market-research-reports/insurance-market-research-report/travel-insurance-and-assistance-in-the-uae.html
                           
  Or
 
 Contact us at :
 
 Bharat Book Bureau
 Tel: +91 22 27810772 / 27810773
 Toll Free No for USA/Canada : 1-866-279-8368
 Email: info@bharatbook.com 
 Website: www.bharatbook.com 
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