About Logistics Insurance
Insurance is a promise of compensation in case of damage/injury/loss in exchange for a premium. It is a form of risk management. Insurance services include various forms of compensation benefits such as protection of property and vehicles against damage or loss, reimbursement of the cost associated with healthcare, and compensation for accidental death to pre-decided beneficiaries.
Logistics insurance offers insurance against the damage or loss to business because of interruption in the logistics chain.
Technavio’s analysts forecast the global logistics insurance market to grow at a CAGR of 2.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global logistics insurance market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through sales of various insurance products that are segmented based on types. The types of insurance are marine insurance, inland insurance, and aviation insurance.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Logistics Insurance Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• AGCS
• AIG
• Aon
• AXA
• Integrity Transportation Insurance Agency
• Liberty Mutual Insurance
• Marsh
Other prominent vendors
• Arthur J. Gallagher
• Atrium
• Beazley
• Chubb
• Gard
• Mitsui Sumitomo Insurance
• Munich Re
• Peoples Insurance Agency
• Samsung Fire & Marine Insurance
• Sompo Japan Nipponkoa Insurance
• Swiss Re Group
• Thomas Miller
• Tokio Marine Holdings
• XL Group
• Zurich Insurance Group
Market driver
• Increase in number of cargo thefts
• For a full, detailed list, view our report
Market challenge
• Hard insurance market characteristics
• For a full, detailed list, view our report
Market trend
• Increasing popularity of tracking cargos among shippers
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Market outline
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type
• Global logistics insurance market by type of insurance
• Global logistics insurance market by marine insurance
• Global logistics insurance market by inland insurance
• Global logistics insurance market by aviation insurance
PART 07: Geographical segmentation
• Geographical segmentation of the global logistics insurance market
• Logistics insurance market in EMEA
• Logistics insurance market in APAC
• Logistics insurance market in the Americas
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
• Market drivers
• Market challenges
PART 11: Market trends
• Increasing popularity of tracking cargos among shippers
• Increased use of chatbots among insurance companies
• Increased adoption of augmented reality in the insurance industry
PART 12: Vendor landscape
• Competitive scenario
• AGCS
• AIG
• Aon
• AXA
• Integrity Transportation Insurance Agency
• Liberty Mutual Insurance
• Marsh
• Other prominent vendors
PART 13: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Events covered under logistics insurance
Exhibit 02: Reasons for logistic insurance claims 2015 (%)
Exhibit 03: Segmentation of the global logistics insurance market
Exhibit 04: Global logistics insurance market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global logistics insurance market by type of insurance 2016-2021 (%)
Exhibit 07: Global logistics insurance market by type of insurance 2016-2021 ($ billions)
Exhibit 08: Global logistics insurance market growth rate by type of insurance 2017-2021 (%)
Exhibit 09: Global logistics insurance market by marine insurance 2016-2021 ($ billions)
Exhibit 10: Reasons for loss or damage that are covered under marine insurance
Exhibit 11: Different types of marine insurance and their percentage share in 2016 (% premium)
Exhibit 12: Different categories of cargo shipped through marine route
Exhibit 13: Expected global marine trade by volume 2016-2021 (billion tons)
Exhibit 14: Global logistics insurance market by inland insurance 2016-2021 ($ billions)
Exhibit 15: Global logistics insurance market by aviation insurance 2016-2021 ($ billions)
Exhibit 16: Air cargo market share by region 2015 (% volume)
Exhibit 17: Total freight transport by air 2012-2015 (billion ton-km)
Exhibit 18: Global logistics insurance market share by geography 2016-2021 (% revenue)
Exhibit 19: Global logistics insurance market shares by geography 2016-2021 ($ billions)
Exhibit 20: Global logistics insurance market growth rate by geography 2017-2021 (%)
Exhibit 21: Logistics insurance market in EMEA 2016-2021 ($ billions)
Exhibit 22: Logistics insurance market in APAC 2016-2021 ($ billions)
Exhibit 23: Logistics insurance market in the Americas 2016-2021 ($ billions)
Exhibit 24: Goods transported by railways in North America 2011-2015 (billion ton-km)
Exhibit 25: Key leading countries in 2016
Exhibit 26: Countries with commonly occurring cargo thefts
Exhibit 27: Share of theft according to product categories 2016
Exhibit 28: Share of incidents by type of ship in Europe 2011-2014 (%)
Exhibit 29: Factors leading to damage of cargo
Exhibit 30: Soft insurance market characteristics
Exhibit 31: Hard insurance market characteristics
Exhibit 32: Factors affecting insurers due to increasing ULCVs
Exhibit 33: Information that can be tracked using technology
Exhibit 34: Advantages of chatbots for insurance companies
Exhibit 35: Applications of AR in the insurance industry
Exhibit 36: Percentage share of various business lines in AGCS 2016 (% gross premiums written)
Exhibit 37: Business segmentation of AIG 2016 (% revenue)
Exhibit 38: Geographical segmentation of AIG 2016 (% revenue)
Exhibit 39: Aon business segmentation 2016 (% revenue)
Exhibit 40: AXA business segmentation and their shares (% revenue)
Exhibit 41: Integrity Transportation Insurance Agency's services 2016
Exhibit 42: Liberty Mutual Insurance segmentation based on strategic business units 2016 (% net written premium)
Exhibit 43: Liberty Mutual Insurance segmentation based on significant lines of business 2016 (% net written premium)
Exhibit 44: Geographic segmentation of Marsh 2016 (% revenue of Marsh)
