The travel insurance industry has undergone a significant transformation with the emergence of insurtech, presenting fresh opportunities and challenges for insurance professionals. As the sector continues to evolve, staying up-to-date with the latest advancements becomes crucial
Category Archives: Embedded Insurance
Indonesia: 2022 Travel Insurance Outlook
Majority of the Indonesian respondents (93%) have plans to travel in 2022. When it comes to the type of travel that makes it more likely for them to opt for travel insurance, there is a fair split for domestic travels (48%)
Maximizing Embedded Insurance Partnerships for Travel Insurance
Traditionally, insurance has been regarded as a separate, and complementary or add-on purchase to a core product or experience that was already purchased. It’s been perceived as being sold “in your face.”
Beyond Price: Understand What Travel Insurance Customers Value
By now, we’d have known insurance to be one of those products that take more than its core function, aka price, to sell itself. What happens in the post-purchase experience (PPX) especially in the claims process
2022 Travel Insurance Whitepaper: Endemic Market Research Outlook
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.
A Look at Big Tech Investments in Insurance
Insurtech upstarts and VCs aren’t the only ones making a splash in the global insurance landscape today.
8 Insurance Trends Boosting Airline Ancillary Revenues
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
M&A Deals in championing insurance growth globally and in Asia
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.
2021 Best UI/UX Practices for Embedded Travel Insurance
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.
Lights. Camera. Insurance
Movies are omnipresent around us. And after watching many, many movies for research purposes obviously, we found some takeaways to learn and imbibe that we believe can be essential for insurers to apply into legacy firms to adapt with the digital transformation and evolving customer needs.
2021 World Travel Insurance Partnership Benchmark for Airlines
Reinsurers are now spearheading insurtech investments across the insurance value chain. Find out the top reinsurer players in the Beyond paying for just your seat on the plane from one place to another
The Journey to Data-Driven Insurance
The rise of technology solutions has brought about the gush of data from numerous sources and every other industry is seeing the emergence of a new profession: the data scientist. What is the potential for data analytics, and the role of partnerships in enabling this data driven insurance?