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'Travel insurers need to come back with better policies'

Opinion
4 March 2022

The travel insurance sector has been rocked by the pandemic and the reduction in insurance capacity, but all the signs now suggest things are going to improve as quickly as they collapsed when Covid hit – halting the nation’s travel plans.

Compared with May 2020, sales of policies in September were up 612%, and those in October were up 560%

This rapid turnaround is good news for the industry. It will undoubtedly lead to new opportunities for growth among travel specialists who are ready to grab them, and drive a new phase of growth in the market. We’re certainly targeting strong growth by the end of next year, and we won’t be alone in aiming to build on our pre-Covid share of the travel insurance market.