TLDR: Cover Genius and Vueling have joined forces to launch a travel insurance product that is tailored to the needs of Vueling’s customers. The product is powered by Cover Genius’ global distribution platform, XCover, and will provide comprehensive travel protection for Vueling’s 30 million travelers. The insurance coverage will include protection for medical emergencies, trip cancellations, and stolen baggage, with immediate coverage starting from the date of purchase. The partnership aims to meet the increasing demand for digital-first, customizable travel protection.
Cover Genius, the leading insurtech for embedded protection, and Vueling, Spain’s leading low-cost airline, have announced an exclusive travel protection partnership that will help protect more than 30 million travelers. This partnership leverages the insurtech’s existing global technology capabilities to help the Spanish low-cost carrier scale across countries and cater to the ever-changing needs of today’s travelers from around the world.
In the Spanish Travel & Tourism market, 89% of total revenue is expected to be generated through online sales by 2027. As such, Vueling has set ambitious plans to expand its digital offerings through its website and mobile app as part of its Vueling Transform program. To help with these efforts, this new solution, powered by Cover Genius’ global distribution platform, XCover, embeds a seamless and comprehensive travel solution, from the initial sale through to administration to claim payment, directly within the online customer journey.
The comprehensive travel protection can cover travelers across various events such as medical emergencies, or cutting journeys short and stolen baggage. The medical protection covers policyholders for COVID-19 or other illnesses or injuries while traveling internationally. Flights and accommodations can also be covered in case of trip cancellations. Unlike traditional protection solutions, trip cancellation protection begins immediately from the date of purchase and includes pre-existing medical conditions and COVID-19 related cancellations.