Articles tagged “travel insurance”

Hotaliors secures more cash to develop new products and carry out a rebrand, while insurance platform Faye wants to make claim processes even easier with fresh funding.

After two years of trip-planning uncertainty, a growing number of travelers are looking for the peace of mind and protection that travel insurance provides. Hospitality brands can improve guest loyalty by making enhanced insurance products and offers available — otherwise, potential guests may look elsewhere for that boost of confidence.

In this video from Skift Loyalty Summit, we hear from Frederic Lalonde, CEO and co-founder at Hopper, and Matt Knise, managing vice president of U.S. Card at Capital One, about how the two companies are working together to enable a smarter travel booking and loyalty experience for customers.

“Do not travel” warnings protect travel insurance firms in countries directly involved. The war in Ukraine might also increase consumer awareness and demand for extensive coverage.

How things change: Expedia said its sale of Egencia won't have a major impact on operations or financials, although in years' past the company touted Egencia as a rising star. In 2018, Egencia was its own Expedia reporting segment and accounted for 8 percent of gross bookings.

In this video conversation from Skift’s Megatrends 2022 event, Skift Founder and CEO Rafat Ali spoke with Dakota Smith, chief strategy officer at Hopper, about how fintech products are ushering in a more nimble version of travel insurance attuned to the diversifying needs of today’s traveler.

Amadeus will distribute Hopper's upsells, such as trip cancellation protection, for consumers to add when buying from airlines and agencies. Seems like B2B2B2C is the new business-to-consumer (B2C).

New tech is enabling travel brands to upsell consumers with more targeted trip insurance policies. Think rain cancellation policies for camping or ski trips.

Investors are betting that the trend in renting RVs won't run out of gas after the pandemic wanes. They've funded Outdoorsy, an Airbnb-type service for recreational vehicles. Investors think the startup's new private vehicle insurance product will help accelerate the RV trend.

Expedia wants to help people find a new travel companion — namely Expedia. We've heard online travel agencies and others vow to become to become less price-oriented before, but fickle deal hunters will make that a tough pledge to fulfill.