Do Americans lack travel medical cover?

| September 4, 2019

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ITIJ recently reported from a study undertaken by the US Travel Insurance Association (USTiA), which analysed the travel insurance habits of US travellers. And while there were some positive headline figures, with overall purchases of travel cover by Americans increasing by more than 40 per cent in 2018, Silicon Valley-based insurtech company VisitorsCoverage has expressed concerns about some of the other findings.Specifically, the company has suggested that the fact that travel medical policies only accounted for 6.3 per cent of overall sales is a cause for some worry.

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World Inside Out

World Inside Out Inc. is a California corporation that works to scale citizen diplomacy through technology and travel. World Inside Out manages TravTribe and Wanderlust.Store.

OTHER ARTICLES

Predicting The Future Of Travel In 2040

Article | February 22, 2020

By the year 2040, international travel will be a faster, easier and more ecologically sustainable activity than ever before, according to a report commissioned by Allianz Partners to help prepare for the travel-related needs of their customers in the future. Allianz Partners is a world leader in B2B2C assistance and insurance solutions, delivering global protection and care, and offers dedicated travel insurance services through the Allianz Travel brand.

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How blockchain is reinventing travel loyalty programs for both brands and consumers

Article | February 22, 2020

According to the latest Bond Brand Loyalty Report, memberships across industries continue to rise and now average 14.8 per person. But - considering total global spend on loyalty programs is estimated to be $323 billion in 2019 – a more critical statistic is: on average people are active in less than half (6.7) of the programs they belong too. More often than not, loyalty programs do not drive loyal behavior. The travel sector has some of the lowest satisfaction rates, according to Bond’s survey of 55,000 consumers in more than 20 markets around the world. Only 37% of hotel loyalty members and 38% of car rental members say they are satisfied with their programs; airlines, meanwhile, fare slightly better at 42%.

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A realist’s take on travel advertising in 2020

Article | February 22, 2020

Given travel marketers’ established role in pushing the boundaries of advertising, a lot of the crystal-gazing that happens in our industry every year involves speculation about exciting developments in artificial intelligence, machine learning and other automated innovations. To be sure, these things are happening, but focusing on this sliver of innovation within travel advertising neglects the mega-forces that are reshaping the industry right before our eyes. In 2020, the major forces that will influence travel marketing are much more fundamental and far-reaching than any single technology or platform. Here are the key trends that will have the greatest effect on travel brands’ ability to advertise effectively.

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Frequent flyer: will business travel bounce back from coronavirus?

Article | February 22, 2020

With trade shows cancelled and companies limiting or even banning travel, Mark Manduca, aviation analyst at Citi, recently raised the question: “Will corporate travel ever truly recover again?” When the coronavirus crisis is over, will companies that have managed just fine with video conferencing decide to carry on, given how much cheaper it is? We have heard similar questions before. I wrote an article in the early 1990s, after the first Gulf war and the economic downturn, quoting experts who said company bosses had noticed a fall in costs from the resulting decline in travel and decided to make it permanent. Similar things were said after 9/11. Every economic slowdown produces the same statements.

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World Inside Out

World Inside Out Inc. is a California corporation that works to scale citizen diplomacy through technology and travel. World Inside Out manages TravTribe and Wanderlust.Store.

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