Travel premiums set for "unthinkable" increase of over 20%, claims broker

cc-travelling

Insurers are forcing through "previoulsy unthinkable" rate increases of over 20% in the travel insurance market, it has been claimed.

Peter Hayman, director of specialist travel insurance provider P J Hayman, added other changes include limitations such as restrictions on age and degrees of acceptance for medical conditions.

He

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Claims service stayed steady at end of 2024

The consistent improvement in claims service seen over the last 18 months plateaued at the end of 2024, with the market average NPS remaining at -4 and just one point up on the NPS recorded at the end of 2023.

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