Compulsory travel insurance in Middle East set to boost sector
The rise in the number of governments insisting upon mandatory travel insurance is expected to give the sector a boost, especially in the Middle East, where countries including Turkey and Saudi Arabia have followed the global trend. "An uninsured visitor or tourist can be a major liability for state health care systems,” said Mahesh Anchan, the COO of travel services company Vasco Worldwide, who added that traditional cover provided by holiday companies was not as effective as full travel insurance policies.

Growth is expected to spike in the Middle East travel insurance market, as more countries in the region are imposing compulsory travel insurance requirements on visitors to mitigate the risk of health related expenses.