UK travel insurance sector undergoing post-Covid pricing evolution - News Summed Up

UK travel insurance sector undergoing post-Covid pricing evolution


Sponsored content: Stephen Kennedy, director at Pearson Ham Group, explores how the impacts of the pandemic are continuing to impact on the travel insurance sectorThe UK travel insurance market, much like the broader travel and tourism sector, has undergone profound changes in recent years, influenced significantly by the Covid-19 pandemic. As countries closed borders and imposed lockdowns, there was a reduced demand for travel insurance. A new worldAs Covid-19 has become more controlled, its influence on travel insurance pricing has somewhat subsided. As we look to the next year, the UK travel insurance market outlook continues to look uncertain. Increasing demand for travel insurance could result in more intense competition.


Source: The Times November 14, 2023 15:12 UTC



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