Insurtech Cowl Genius has partnered with Spanish airline Vueling for an unique journey safety settlement.
The partnership between Cowl Genius and Vueling utilises the insurtech’s present know-how to assist the Spanish low-cost service and cater to travellers’ wants.
As well as, the journey safety can cowl travellers throughout occasions akin to medical emergencies or stolen baggage.
Moreover, the medical safety covers policyholders for Covid-19 or different diseases or accidents whereas travelling internationally. Flights and lodging may also be coated.
“At the moment’s fashionable traveler is digital-first and desires handy, tailor-made safety delivered in the best place, on the proper time and on the proper value,” mentioned Peter Smith, vice chairman, strategic partnerships – journey, EMEA.
“Our AI and NLP know-how helps customise the net expertise for travellers in real-time, permitting our companions to adapt their choices accordingly. By working straight with Vueling, we will create options which are particular to their buyer wants and concentrate on scaling them on the identical tempo as their growth journey.”
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Tanner Huysman, director, e-commerce, ancillaries & loyalty, at Vueling added: “Vueling stays dedicated to serving our prospects with choices to customize their journey how they see match so as to get the very best worth. We’ve partnered with Cowl Genius, a journey insurance coverage supplier with a big concentrate on buyer satisfaction to offer our shoppers the choice to guard from the sudden.”
In March 2023, Cowl Genius purchased the belongings of US-headquartered embedded guarantee supplier Clyde Applied sciences.
Monetary phrases of the transaction weren’t shared.