Tag: Air Doctor

Every year, millions of travellers fall ill while abroad, and most aren’t dealing with drastic emergencies. They're fighting off a nasty flu, seeking relief for a sinus infection, or managing a minor injury. But without easy access to trusted local care, these seemingly low-risk issues often escalate into high-cost claims, according to Adam Feiler, SVP Global Sales at Air Doctor.  

As personalisation becomes the heartbeat of modern consumerism, the insurance industry is the latest to embrace a radical reimagining of its role in our...

The global InsurTech market grew to 25.97bn in 2024 and is expected to reach approximately USD 496.56bn by 2033. This represents a remarkable compound annual growth rate (CAGR) of 38.8% from 2024 to 2033. This rapid expansion is being driven by innovations in artificial intelligence (AI), machine learning (ML), cybersecurity, and a growing emphasis on Environmental, Social, and Governance (ESG) practices.

World Nomads, an InsurTech specialising in travel insurance, has joined forces with Air Doctor, a global medical network, to provide travellers with improved access to healthcare services.

As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial. 

Air Doctor, an Israeli HealthTech startup providing a platform that connects travellers with medical professionals globally, has raised $20m in a Series B funding round.

Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.

Air Doctor, a leading travel medical services platform, has expanded its leadership team with two new key appointments.

In today's business landscape, prioritising the customer experience (CX) has become a ubiquitous concern across all industries. In the InsurTech realm, competition is intensifying, and insurance providers are increasingly recognising the pivotal role of the CX in attracting and retaining clients. FinTech Global sat down with a pair of industry experts to dissect this phenomenon. 

In a world where passports are tickets to adventures, there often lurks an unspoken concern - healthcare on foreign shores. While every budding jet-setter has a horror story, Air Doctor has become the solution to these concerns, cementing itself as a must-have travel companion.