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Squaremouth names top travel insurance providers for 2010

February 24, 2011

Squaremouth names Travelex and Travel Insured International as top travel insurance providers for 2010, based on number of policies sold and premium volume sold. Travelex ranked first in number of policies sold, while Travel Insured ranked first in premium volume sold.

Travel Insured experienced the most significant increase last year, largely resulting from policy changes on April 28, 2010. After reviewing their pricing models, Travel Insured rearranged their age brackets and pricing structure to be more competitive. Since the changes have been made, Travel Insured has experienced substantial growth. They are now leading by eight percent in both categories for 2011.

Squaremouth has provided an overview of travel insurance market trends for 2010. The data provided cover sales statistics for many of the 23 travel insurance carriers that are available through Squaremouth.

Best performing providers during 2010 for number of policies sold
1 – Travelex
2 – Travel Insured
3 – CSA
4 – Travel Guard
5 – Seven Corners

Best performing providers during 2010 for premium volume sold
1 – Travel Insured
2 – Travelex
3 – Travel Guard
4 – CSA
5 – Seven Corners

Best performing providers during 2010 for travelers 60 and over
1 – Travel Insured
2 – CSA
3 – Travel Guard
4 – Travelex
5 – Seven Corners

Best performing providers during 2010 for travelers 59 and under
1 – Travelex
2 – Travel Insured
3 – Travel Guard
4 – CSA
5 – Seven Corners

[Source: Insurance News]



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