Blog: Travel insurance and the affinity market
Since the 1990s, cross-selling travel insurance has been an important activity for a wide range of brands as - according to the most figures published by Finaccord, there are well over 500 schemes for travel insurance involving external partners. Paul Firkins asks, is the market saturated?
Back in 2000 the travel insurance market was estimated to be worth around £550m GWP, with travel agents accounting for 70% of the distribution. Today the size of the market has grown to almost £609m
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