Insurance needs of digital nomads and predictions for future

Author:

Çetin Mesut

Abstract

PurposeThis study aims to determine the impact of digital nomadism on the relationship between tourism and traditional insurance models, the opportunities and challenges that digital nomadism brings to the insurance industry and future predictions.Design/methodology/approachA review approach was used, utilizing industry reports, statistics, market research and previous studies.FindingsDigital nomadism will directly bring about the development of personalized insurance products and services. The journey that began with digital health insurance will propel the industry to entirely new horizons.Originality/valueThe study offers a new perspective in this field by addressing the relationship between digital nomadism and the insurance industry.

Publisher

Emerald

Reference7 articles.

1. Exploring the traveller underinsurance problem;Annals of Tourism Research,2019

2. Insurance uptake among small and medium-sized tourism and hospitality enterprises in a resource-scarce environment;Tourism Management Perspectives,2020

3. Tourism insurance market, risks and prospects: the case study;The Journal of Corporate Governance, Insurance, and Risk Management (JCGIRM),2021

4. Digital Nomad World (2024), “Digital nomad insurance: best insurance for digital nomads”, available at: https://digitalnomads.world/digital-nomad-insurance/ (accessed 19 March 2024).

5. Illness and injury presenting to a Norwegian travel insurance company's helpline;Travel Medicine and Infectious Disease,2007

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