International health and assistance policies proved to be the biggest revenue growth sectors for Allianz Partners last year, followed closely by travel insurance.
All the latest product and company-related news from the global travel insurance industry.
Silicon Valley Accelerator Plug and Play innovation programme has announced that it has selected Portabl for its sixth ‘Insurtech Batch’ of innovative companies.
After feedback from travellers revealed a need for flexible insurance cover, travel insurance provider Cover-More launched Cancel-For-Any-reason (CFAR) as a policy add-on, which has proved extremely popular with Australians.
Global assistance, risk and claims management provider CEGA and Millstream Underwriting have announced a new partnership, which will enable the provision of CEGA’s new automated medical screening tool, Antidote, to Millstream’s high-net-worth and other travel insurance customers.
Artificial intelligence is further extending its reach into the insurtech sector, this time as QBE North America’s new TextQBE services, which assists customers through the claims process via conversational messaging.
Australian travel insurance provider World Nomads Group has announced a rebrand – from 11 April, the business will operate as nib Travel.
Another new collaboration within the healthcare sector sees Healix Health Services enhancing its employer wellbeing services, as it announces a partnership with HCB Group.
UAE airline Etihad Airways is working with Panasonic Avionics to develop and trial wellness solutions to improve the traveller experience.
In another Brexit-inspired turn of events, this April sees mortgage insurance business Arch Insurance International adding new offices in the UK, Italy and Denmark and makes changes to its European operations.
APRIL International Care in Hong Kong announced today that it has received over 12,000 claims via its app since its launch, representing take-up well ahead of target projections.