Generali Global Assistance’s (GGA) Travel Insurance division, formerly CSA Travel Protection, has announced its new Ski & Mountain Travel Insurance offering for the growing mountain resort segment of the vacation rental market. The new plan is available during all seasons for mountain resort areas and is available immediately for property managers to offer their clients for the 2017-2018 ski season.
With the vacation rental market expected to be worth $36.6 billion by the end of 2018, GGA says it ‘sees tremendous opportunities’ in enhancing its vacation rental coverages and features. The Ski & Mountain Travel Insurance product was curated to provide added coverages for the growing number of activity oriented travellers that target the mountain regions in both winter and summer.
Chris Carnicelli, CEO of Generali Global Assistance North America, commented on the launch: “We are excited to roll out this new offering and provide enhanced coverages to the mountain resort industry – which is a burgeoning segment of the vacation rental industry. As the shared economy and home rentals continue to grow, we see significant opportunities in this area and look forward to raising our market presence with tailored products and services.”