United States Business Travel Insurance Market By Type of User (B2B, B2C, B2B2C), By Insurance Cover (Single trip travel insurance, Annual multi-trip travel insurance, Long-stay travel insurance), By Distribution Channel (Bank, Insurance company, Insurance intermediaries, Insurance broker, Insurance Trade, Insurance Aggregator, Others), By Region, Forecast & Opportunities, 2026
Published Date: February - 2025 | Publisher: MIR | No of Pages: 320 | Industry: BFSI | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Business Travel Insurance Market By Type of User (B2B, B2C, B2B2C), By Insurance Cover (Single trip travel insurance, Annual multi-trip travel insurance, Long-stay travel insurance), By Distribution Channel (Bank, Insurance company, Insurance intermediaries, Insurance broker, Insurance Trade, Insurance Aggregator, Others), By Region, Forecast & Opportunities, 2026
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The US business travel insurance market was estimated to be worth $3.78 billion in 2023. It is expected to grow to $22.8 billion by 2032, with a compound annual growth rate (CAGR) of around 19.1%.
United States business travel insurance market is expected to grow at a formidable rate during the forecast years. The United States business travel insurance market is driven by the growing international trade and expansion of businesses overseas. Additionally, rising number of international travels in order to maintain worldwide client relations is expected to spur the market during the next five years. Furthermore, United States has a travel insurance mandate to obtain VISA thereby driving the market in the country.
The United States business travel insurance market is segmented based on
Major players operating in the United States business travel insurance market include Seven Corners Inc., Travel Safe Insurance, USI Insurance Services LLC, MH Ross Travel Insurance Services Inc., American International Group, Inc., Chubb Ltd., Search Results, CSA Travel Protection, MetLife, Inc, Allianz and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market.
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022–2026
Objective of the Study
- To analyze and forecast the market size of United States business travel insurance market.
- To classify and forecast United States business travel insurance market based on type of user, insurance cover, distribution channel, company and regional distribution.
- To identify drivers and challenges for United States business travel insurance market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States business travel insurance market.
- To identify and analyze the profile of leading players operating in United States business travel insurance market.
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MIR performed both primary as well as exhaustive secondary research for this study. Initially, MIR sourced a list of service providers across the region. Subsequently, MIR conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, MIR could include the service providers which could not be identified due to the limitations of secondary research. MIR analyzed the service providers, distribution channels and presence of all major players across the region.
MIR calculated the market size of United States business travel insurance market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. MIR sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by MIR.
Key Target Audience
- Business travel insurance service provider companies, vendors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to business travel insurance
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service provider companies and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Key U.S. Travel Insurance Companies
- Allianz
- American International Group, Inc.
- AXA
- USI Insurance Services, LLC
- battleface
- Seven Corners Inc.
- Travel Insured International
- Zurich
- Delphi Financial Group, Inc.
- Nationwide Mutual Insurance Company
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