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(Transportation-News.com, August 15, 2018 ) Customers are now utilizing a variety of channels to purchase their travel insurance, with the market share of insurers and price comparison sites coming under threat from other channels. There is a high level of competition within the travel insurance market; no provider has a market share that exceeds 8.2%. Consumer purchasing behavior continues to shift towards the use of online platforms. In order to remain competitive and grow their market share, providers need to develop their online presence. In particular this will involve making these platforms easy to use via mobile devices, as consumers are beginning to adopt this method.
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The Key Players mentioned in our report:
Aviva, Insure & Go, AXA, Direct Line, LV=, Admiral,Columbus, Alpha, AllClear, Coverwise, Nationwide, Lloyds Bank, Barclays ,NatWest Royal Bank of Scotland, Halifax HSBC, Virgin Money, First Direct, Santander, Staysure, Saga, Holidaysafe, Goodtogoinsurance.com, Avanti, Go Travel Insurance , AGE UK, Direct Travel Insurance ,Multitrip.com, The AA, Comparethemarket.com, Confused.com, GoCompare.com, Moneysupermarket.com, Post Office, Thomas Cook, American Express, Tesco Bank, Debenhams, M&S Bank, ASDA, Sainsbury's, Thomson, EasyJet
Report Scope:
-85% of consumers purchased travel insurance in the last 12 months prior to traveling.
-The travel insurance market is becoming increasingly competitive, with consumers purchasing through a greater variety of channels.
-26% of consumers undertook no pre-purchase activity.
Reasons to buy:
-Understand consumer purchasing decisions and how these will influence the market over the next few years.
-Improve customer engagement by recognizing what is most important to them and how insurers can adapt their products and services to meet their needs.
-Discover which providers lead the way in the travel insurance space, and how providers are revolutionizing the market through new innovations.
-Adapt your distribution strategy to ensure it still meets customer purchasing behaviors.
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ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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