Philippines ends mandatory travel insurance, eases Covid testing requirements

The government of the Philippines has announced that vaccinated travellers will no longer be required to present a negative Covid test prior to travel to the country from 30 May

IMG Launches iTravelInsured Essential, an Economical Travel Insurance Product

International Medical Group (IMG) has unveiled iTravelInsured Essential, a new travel insurance product aimed at price-conscious travellers seeking only basic coverage

Parametric insurance to become more popular for travel insurers

Instant compensation driven by developments in parametric insurance is set to become a prominent offering in the travel insurance industry, according to embedded insurance provider Pattern

US travellers don’t know if their domestic health plan covers international health costs

A survey by InsureMyTrip has found that half (49.4 per cent) of Americans are unclear about whether their domestic health insurance plan works outside of the US

Over 50 per cent of Explorer Travel Insurance customers to take multiple holidays this year

Explorer Travel Insurance announced the results of its recent Travel in 2022 survey, which showed that the desire to travel again is strong

Travel insurance start-up Faye raises $8 million

Travel insurance insurtech start-up Faye announced that it has raised US$8 million in seed funding, which it will use to recruit ‘new talent’ and strengthen its technology