Trip.com and AXA Partners further expand on UK travel insurance partnership
Trip.com and AXA Partners announced a European expansion of a new travel insurance product that was made available to UK customers in September 2021
The product provides a range of benefits including medical, cancellation and baggage cover, which can be selected when booking a flight on Trip.com. Crucially, the policy also protects customers for cancellation and medical costs if they contract Covid-19.
Following the UK launch, a similar solution was launched in France in March and Germany in April this year, complemented by a cancellation only insurance product, which is popular with customers in European markets. Further expansion of these insurance solutions to Spain and Italy is planned for later in 2022.
Prior to the UK launch, Trip.com and travel insurer AXA Partners collaborated successfully on insurance products tailored for China, followed by South Korea in 2020 and Singapore in 2021.
Cancellation only insurance products popular in Europe
Trip.com is a global travel agency and part of travel provider Trip.com Group. Over the last two years, Trip.com has focused on expansion in the UK and Europe by developing its own technology, building out supply chains and fostering strategic partnerships.
Xavier Blanchard, AXA Partners Travel Insurance CEO and Global head of Travel at AXA Partners, said of the partnership: “We are delighted to be working with Trip.com. Our combined global expertise and collaborative approach creates a perfect environment for the creation of products and services that protect and support customers at every stage of their journey.”
Andy Washington, European General Manager at Trip.com Group, added: “Trip.com is focused on building out our offering in the UK and Europe. By partnering with AXA, we are able to give our users the protection they need to have peace of mind when they take their next trip. We look forward to growing our cooperation with AXA Partners, to bring Trip.com users in the UK and mainland Europe comprehensive insurance coverage.”