Where emerging industries and businesses become part of shared economies, we see an increasing shift from competition to collaboration in the strategies adopted by businesses to adapt and grow their revenue sources.
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As travel is here to stay and we are still in COVID times, consumers would want to reduce as much uncertainty and as many risks as possible to optimize their travel experience by leveraging upon flexibility in travel bookings and insurance to recoup as much losses and expenses if the unexpected happens.
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Tourism players have been on the edge since the travel sector has been stalled by the endemic. How are they spurring innovation, in the regard of technology solutions and revenue models, to lift tourism out of COVID-19 and beyond?
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From pandemic to endemic, COVID-19 is presenting the industry a rare silver lining to reinvent travel insurance – which has indisputably been the most affected product.
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Insurtech upstarts and VCs aren’t the only ones making a splash in the global insurance landscape today.
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From traditional insurers to insurtech upstarts, Big Tech firms are buddying up to crack the insurance market.
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COVID-19 has created an unprecedented crisis for airlines, as revenues are headed for a crash landing should uncertainty persists for the travel industry… Hold up on that conclusion! There hasn’t been clouds of gloom for all airlines, as we recently came across this article by Skift
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Given intermittent eruptions of the pandemic, border measures are constantly evolving and no doubt the uncertainty of travel has reached its all-time high today. It wouldn’t surprise us should there be a (re)emergence of hotspots leading to snap border closures and cancelled flights.
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They say there’s music for every occasion. Our occasion is to celebrate insurance and its past and ongoing transformation. Read on and find out what we learnt by combining our insurance knowledge and endless jamming to pop songs in one insightful article.
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Insurance M&As are rising despite the heavy toll on world economies from the pandemic. In this piece, we talk about the rise of insurance M&As globally, their impact, the driving forces, and the way forward for insurance in Asia and the rest of the world.
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As more industries digitise, cyber insurance partnerships are steadily emerging in unexpected places around the world.
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These best practices can help OTAs ensure a higher conversion rate and convince users to buy travel insurance, thus boosting revenue from one of their key ancillary streams.
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