ST. PETERSBURG, FL MARCH 14, 2012 – Travel Insured International, who was the top selling travel insurance provider for the year of 2011 and also January 2012, maintained the top spot in February with almost 20% of the overall market according to Squaremouth.com, America’s fastest growing travel insurance comparison site.
“Travel Insured International continues to be one our top providers because they cater well to the senior market, a large purchaser of travel insurance,” says Squaremouth CEO, Chris Harvey.
In addition to offering competitive senior pricing, Squaremouth attributes Travel Insured International’s continued high sales to their “kids free” polices. Their Worldwide Trip Protector policy allows all children to be insured for free when traveling with a parent.
Since Squaremouth does not target specific demographics or promote individual providers, their statistics represent an unbiased overview of the travel insurance market.
“As a comparison site, we work hard with providers to present standardize policy information,” says Harvey. “This levels the playing field by providing a pure marketplace. If a product has a great benefit or feature, our platform allows it to shine against its competition.”
When customers compare travel insurance on Squaremouth’s website, policies can be viewed side-by-side in order to highlight benefit limits, such as the amount of emergency medical, trip cancellation and evacuation benefits.
A comparison engine such as Squaremouth caters to users by displaying hundreds of products from multiple providers, instead of the single product approach used by tour companies, cruise lines and agents.
“Travel insurance is not a ‘one-size-fits-all’ product,” explains Harvey. “The best selling travel insurance provider normally captures about 20% of policy sales, which means 80% of the time other providers offer more well suited policies.”
Squaremouth February 2012 Travel Insurance Leaderboard – Based on percentage of premium sold
Travel Insured International 19.62%
CSA Travel Protection 15.68%
Travel Guard 14.72%
Seven Corners Inc 13.79%
Squaremouth is America’s fastest growing travel insurance comparison site, helping customers instantly quote, compare and buy policies from every major carrier. Squaremouth has web sites in the US and UK, and an extensive network of partner sites worldwide. The company is headquartered in St. Petersburg, FL., with offices in Fort Wayne, IN. Visit Squaremouth.com or Squaremouth.co.uk.
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