04 07 2022 , Singapore – Ancileo has raised USD 3M seed funding from Fermion. The move is expected to help insurers improve and modernise their insurance distribution models, as well as forge the way towards a global insurance
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Design thinking is a user-focused method based on empathy, testing, and iteration in order to understand the wants of customers. Through design thinking, travel insurance companies can uncover customer needs and create unique products that offer outstanding experiences.
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In recent years, European insurtech companies have completely transformed the travel insurance industry. By implementing groundbreaking technology, they are able to provide customers with tailored products that meet their individual needs and enable them to customize an insurance
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Inflation is a common phenomenon that affects almost every industry, including the travel insurance sector. As the cost of living continues to skyrocket and operational expenses remain high, travel insurance companies may be forced to adjust their pricing. This could have far-reaching effects
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In 2022, we conducted a study Singapore: 2022 Travel Insurance Outlook, surveying 500 travelers to gain insights into their views on travel insurance. Now, in this follow-up survey, we delve deeper to explore how travelers’ sentiments towards travel insurance have changed with the return of travel.
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Parametric travel insurance is quickly gaining traction in the industry. This is a type of insurance that pays out based on the occurrence of specific, predefined events. Insurers and travel organizations are coming together to provide consumers with more pertinent
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Carbon offsetting has become a primary initiative for the travel industry since the pressure to practice more sustainable travel rises. Projects like reforestation and renewable energy sources have contributed greatly to the reduction or removal of emissions. Because of these big projects
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