The Travel Protection Market Study is conducted for UStiA by Willis Towers Watson, an independent actuarial and benefits consulting firm. The study was designed to gather and disseminate market information to USTIA members and the public.

The Market Study follows the Travel Insurance Benchmark Survey of 2004 and biannual follow-up surveys conducted thereafter. It helps to elevate USTIA’s industry profile and offers contributors a reference for business forecasting.

Full results of the study are provided to USTIA members  (and their respective subsidiaries) who contribute data to it.

 

2020-2022 Survey

American travelers' interest in travel protection recovered from an unprecedented drop in total consumer spending from 2019 to 2020. Americans spent nearly $4.27 billion on all types of travel protection, giving the industry a significant recovery