New travel insurance data sheds light on the market
- Published 07.11.2016
Recent data released by the Insurance Council of Australia and the Department of Foreign Affairs and Trade has shed new light on the travel insurance industry. Whilst the data confirms what has been long understood within the industry, it does present areas of growth and development for travel insurers as more and more Australians travel overseas. Insurers should take note of this data when implementing new business development strategies to maximise the benefits available to customers whilst lowering the risk of potential disputes.