Greenlight Re Innovations, Greenlight Capital Re’s technological innovation division, has announced its intention to make a strategic investment in Battleface, Inc., a specialist travel insurer.
Battleface is a travel management agent that focuses specifically on insurance services for customers travelling to dangerous and/or remote locations. Its platform is designed to service contractors, journalists, humanitarian workers, freelancers and other such parties who are not catered for by traditional insurance solutions; supported by a network of assistance co-ordinators available 24/7, it also has many agents operating on the ground who can provide emergency travel, medical and claims assistance.
Battleface’s platform, according to the company, creates bespoke and white-label products, which allows customer to tailor benefits and servicing according to their needs.
“Battleface is led by a team of experienced travel insurance professionals who have identified a niche demand for insurance that is not adequately met through traditional travel insurers,” said Simon Burton, CEO of Greenlight Re. “We are excited to support them as both a strategic investor and risk partner.”