Brits' confidence in overseas travel renewed as policy sales increase – World Nomads

Global adventure travel insurance provider World Nomads increased its policy sales by 49% in January 2023 compared to last year – reflecting Brits’ renewed confidence in overseas travel.

In recent brand research, which surveyed 1,067 UK and European respondents across December 2022, 77% of UK travellers reported that there was nothing stopping them from booking travel in the year ahead.

World Nomads also noted a year-on-year increase in searches for travel insurance in January 2023 – there was a 73% increase in UK residents searching for travel cover, with this rising to 170% with European residents included.

Jonathan Frankham, general manager for the UK and Europe at World Nomads, said that “our insights tell us that Brits have well and truly cast the shackles off post-pandemic”.

He continued: “With travel having been a point of concern for many in recent years, it’s highly reassuring to see that Brits are feeling more confident in planning their next overseas trip and are also looking to World Nomads to travel smarter and more safely.”

Post-pandemic spike

Additional findings from the survey revealed that 33% of respondents intended to travel two to three times in the next 12 months, while 15% said they would travel more than six times.

Around three fifths (66%) said they planned to travel to a new destination this year. Primary motivations for travel were relaxation and disconnection (31%) and outdoor adventure (23%).

The top three destinations specified by Brits during January 2023 were Australia, Thailand and the United States.

Significant increases in appetite for travelling to other destinations included Vietnam and Cambodia (1,316%), the Philippines (1,009%), Japan (921%) and Morocco (857%).

Data in relation to destinations is based on quotes provided by World Nomads to UK residents during January 2023 – this was compared with data from January 2022.