Insurtech for embedded protection Cover Genius announced a partnership with SKY Airline, a Chilean low-cost airline with flights to over 40 destinations across the Americas, to offer customers in Latin America comprehensive travel protection.
Leveraging Cover Genius’ global capabilities, which include licenses or authorizations in over 60 countries and all 50 US States, SKY Airline will introduce protection to customers in Brazil for the first time.
This follows a Embedded Insurance Report, conducted by Momentive and commissioned by Cover Genius, which found 75% of Brazilian travelers, motivated by convenience, would prefer to buy protection from embedded sources ‒ namely their travel provider, agent or airline.
With a single integration our award-winning global distribution platform, XCover, helps airlines, OTAs and other travel providers offer protection in multiple countries so they can address gaps, quickly launch in new markets and roll out new products that increase user satisfaction and retention.
Julio Castellón, SVP Strategic Partnerships – LATAM at Cover Genius
Cover Genius works with the world’s largest airlines, OTAs, and other travel providers to embed easy-to-understand protection options in the booking path, backed by a frictionless claims experience with reduced resolution times and instant payouts in any currency or language.
“We’ve seen increasing interest among travelers to safeguard their purchases and manage risk by adding protection to their tickets,“ said Jaime Fernández, Head of Digital Channels at SKY Airline.
“XCover’s global capabilities allows us to offer travel protection to all of our customers through a single integration. Plus, its tech-forward approach ensures our travelers receive offers tailored to their itinerary and unique needs”, said Jaime Fernández
XCover makes it simple for the world’s largest companies to offer tailored protection directly to their customers.
With a RESTful API that delivers optimized pricing and product recommendations in real-time, XCover lets you serve up relevant policies at critical points in the customer journey.
Insurtech have made integration seamless, with an easily configurable API and flexible service design that ensures minimal switching costs.
by Peter Sonner
