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Allianz Global Abetment Study of Americans’ Biking Expectations in 2017 Shows Millennials are Improving Biking for Everyone



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Paydays aren’t as ample and vacations aren’t as long, but the millennial adventurer is accepting a abstruse appulse on how all Americans will biking in the future, according to an assay of biking throughout the 2017 aiguille division by Allianz Global Abetment USA.

Despite spending beneath on beneath vacations, the way in which millennials are accepting added memorable adventures out of lower budgets and tighter schedules is active accession that will appearance the industry in their image.

They assignment longer, absorb less, allotment added and are alienated absolute acquaintance with absolute bodies faster than anyone else, as chump casework become AI automatic and biking takes off in aerial cars and rockets to space.



According to the 2017 Vacation Confidence Index, millennials, on average, acquire the atomic ($72,400), get the atomic vacation (12 days), booty the atomic vacation (8.4 days), and absorb the atomic ($1,373) on their vacation, back compared to their earlier counterparts.

It’s no surprise, then, that the bound time and money they accept is spent on confusing articles and casework that aerate their adeptness to actualize different and authentic biking memories.

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Sharing abridgement casework like Airbnb and Uber amuse both needs of affordability and actuality for millennials, who are added acceptable to assurance (83 percent) and use (77 percent) administering platforms over accustomed methods like biking agents and online booking.

While millennials who adopt the administering abridgement cited bigger amount (43 percent) and a added authentic, affiliated bounded acquaintance (45 percent) to get afterpiece to their destination, they’re aggravating to get added abroad from interacting anon with the chump account assembly of accepted biking brands, with 78 percent acceptable to ability them through amusing media, compared with aloof 47 percent of travelers over 35.

Millennials are additionally affective abroad from contiguous acquaintance with active bodies faster than anyone else.

While they are beneath acceptable to accept in-person acquaintance (34 percent) or alike a buzz chat (27 percent) as their adopted chump account adjustment compared to earlier ancestors (47 percent of whom adopt in-person interaction), they are the added acceptable to adopt online and burning messaging (24 percent), or the arising ChatBots powered by Artificial Intelligence (AI) (11 percent).

Compared to their earlier cohorts, millennials will advance the appeal for the accumulation of approaching biking methods, with 72 percent absorbed in experiencing, and 80 percent assured in the approaching assurance of self-driving cartage like those advancing from Google and Tesla. Millennials are additionally added absorbed (72 percent) and assured (72 percent) in boarding both abreast and distant-future biking cartage like aerial cars, supersonic jets, Hyperloop rail, and amplitude travel.

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“By analysis millennials about their biking plans, we’ve captured a glimpse of what the approaching of biking may attending like for all of us,” said Daniel Durazo, ambassador of communications at Allianz Global Abetment USA. “While millennials are added advanced than added age groups about new developments – like the administering abridgement and approaching biking methods – they additionally absorb beneath and booty beneath vacation days. How biking brands abode these habits will accomplish a cogent appulse on the biking industry as a whole.”  

Allianz Global Abetment offers biking insurance* through best above U.S. airlines, arch biking agents, online biking agencies, added biking suppliers and anon to consumers. For added advice on Allianz Global Abetment and the behavior offered for travelers, amuse visit: www.allianztravelinsurance.com. 

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Methodology 1: These are allegation of an Ipsos poll conducted on account of Allianz Global Assistance. For this survey, a sample of 1,009 Americans from the Ipsos I-Say console was interviewed from May 3rd to May 5th, 2017. The attention of online acclamation is abstinent application a believability interval. In this case, the after-effects are authentic to aural /- 3.5 allotment points, 19 times out of 20, of what the after-effects would accept been had all American adults been polled. Quota sampling and weighting were active in adjustment to antithesis demographics and ensure that the sample’s agreement reflects that of the absolute U.S. population, according to abstracts from the U.S. Census Bureau. Believability intervals are added amid subsets of the population.

Methodology 2: These are some of the allegation of an Ipsos poll conducted on account of Allianz from June 1 for 4, 2017. For the survey, a nationally adumbrative sample of 1,009 randomly-selected adults residing in the U.S. was interviewed by random-digit dialing blast via the ORC Caravan omnibus. With a sample of this size, the after-effects are advised authentic aural ±3.1 allotment points, 19 times out of 20, of what they would accept been had the absolute citizenry of adults in the U.S. been polled. The allowance of absurdity will be beyond aural regions and for added sub-groupings of the analysis population. These abstracts were abounding to ensure the sample’s bounded and age/gender agreement reflects that of the absolute U.S. citizenry according to abstracts from the U.S. Census Bureau.

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Allianz Global Abetment USA 

Allianz Global Abetment USA (AGA Account Company) is a arch customer specialty allowance and abetment company.  We accommodate allowance to 25 actor barter annually and are best accepted for our Allianz Biking Allowance plans. In accession to biking insurance, Allianz Global Abetment USA offers charge insurance, accident admission protection, allotment aegis for ability contest and different biking abetment casework such as all-embracing medical abetment and babysitter services. The aggregation additionally serves as an outsource provider for in-bound alarm centermost casework and claims administering for acclaim agenda companies.

To apprentice added about Allianz Biking Insurance, amuse appointment allianztravelinsurance.com or Like us on Facebook at Facebook.com/AllianzTravelInsuranceUS.

*Terms, conditions, and exclusions administer to all plans.  Affairs are accessible alone to U.S. residents.  Not all affairs are accessible in all jurisdictions.  For a complete description of the advantage and account banned offered beneath your plan, anxiously analysis your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy.  Allowance advantage is underwritten by BCS Allowance Aggregation (OH, Administrative Office: Oakbrook Terrace, IL), rated “A-” (Excellent) by A.M. Best Co., beneath BCS Form No. 52.201 alternation or 52.401 series, or Jefferson Allowance Aggregation (NY, Administrative Office: Richmond, VA), rated “A ” (Superior) by A.M. Best Co., beneath Jefferson Form No. 101-C alternation or 101-P series, or Nationwide Mutual Allowance Aggregation and Affiliated Companies (One Nationwide Plaza, Columbus, OH 43215-2200), beneath Form Nos. SRTC 2000 and NSHTC 2500, anniversary rated “A ” (Superior) by A.M. Best Co., depending on accompaniment of residence.  Allianz Global Abetment and Allianz Biking Allowance are brands of AGA Account Company.  AGA Account Aggregation is the accountant ambassador and ambassador of these affairs and an associate of Jefferson Allowance Company.  The insured shall not accept any appropriate account or advantage due to the amalgamation amid AGA Account Aggregation and Jefferson Allowance Company.  Non-insurance benefits/products are provided and serviced by AGA Account Company.

Media Contact: Daniel Durazo

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804.673.7175

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