2019 has been an exciting year for the insurance industry. Global insurance premiums and investment in insurtech are expected to grow in the upcoming years.
The travel insurance industry is not an exception. In fact, it is estimated it will double by the 2025.
Technological development, globalization, increased capital – all of these factors were expected to drive the industry to the new heights.
However, COVID-19 outbreak has turned the Travel Insurance Industry on its head. Considerable changes related to underwriting and policies written for travel plans are expected. Some of the insurance companies have suspended sales of travel insurance. Many insurers will perish during this race. Those who will not adapt fast and implement new strategies and innovation will be left behind.
Our event provides an in-depth look into the industry’s top trends, innovations, and technologies.