Media Release: New York, NY – World Nomads, a fast-growing travel insurance provider offering simple and flexible travel insurance and safety advice to help consumers travel more confidently, is encouraging travelers to brace for a hectic summer travel season. Following a “summer of travel chaos” in 2022, there’s concern passengers will face the same issues in the summer holidays ahead. With rising demand against a backdrop of reduced flight capacity, understaffing, and the threat of strikes, many experts are predicting travel ahead will once again be characterized by flight delays and cancellations, as well as lost baggage.
World Nomads top claims for summer 2022 were for trip interruption (36%), trip delay (29%) and baggage delay (10%). Baggage delay claims increased by 77% from 2021 to 2022. Spain, Greece and Iceland led the pack for travel headaches in June - August 2022, as the top three destinations for baggage delay, trip delay and trip interruption claims.
With fears of Covid diminishing and countries easing border restrictions, Americans who put overseas travel on pause are ready to dust off their passports and take advantage of a strong U.S. dollar. According to a recent World Nomads site survey of 2700 US residents, 71% are planning to travel to a new destination in 2023. Policy sales so far indicate that the top summer travel destinations include Europe (44%) Africa (15%) and Asia (11%).
“Following two to three years when most Americans stayed closer to home, we are seeing an unprecedented uptick in demand for long-haul travel,” said Christina Tunnah, general manager of marketing and brands, World Nomads. ”However, we are also seeing an increase in claims, which tells us the system has yet to fully recover to meet growing demand. We believe travel will remain a bit bumpy this coming summer, so we encourage travelers to plan ahead and make sure they are protected in case things don’t go as planned.”
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World Nomads is a fast-growing, global travel insurance company. We provide inspirational stories, safety tips and specialized travel insurance for adventurous and independent travelers. Our online travel insurance offers cover to travelers from more than 100 countries and allows you to buy and claim online, 24/7, even while already traveling.
Our travel insurance focuses on what we believe is important to travelers: emergency medical and evacuation costs, baggage, trip cancellation, trip delay and trip interruption costs. We also offer cover for more than 150 adventure sports and activities, plus tech and gear. Our policies are underwritten by a suite of specialist travel insurers that provide 24/7 emergency assistance, customer service and claims support, making us a top choice for many of the world's leading adventure, independent and youth travel brands.
World Nomads is a part of the nib Group which provides health and medical insurance to more than 1.5 million Australian and New Zealand residents. We also provide health insurance to more than 170,000 international students and workers in Australia and are Australia’s third-largest travel insurer and global distributor of travel insurance through our business nib Travel.