In an economic climate characterised by rising prices, particularly gas, in part arising from the Russia-Ukraine conflict, as well as a tentative recovery from the pandemic, how can those in the travel industry, including insurers, prepare?
Israeli insurance provider The Phoenix teamed up with InsurTech Air Doctor in 2018 to embrace digital innovation. Two years on, the company boasts an increased market share of 30%, a significant reduction in claim costs and an improved customer journey.
Despite the fact that travel was hit hard by the Covid-19 pandemic, the need for sufficient medical coverage has been thrust into the spotlight. Air Doctor bridges the gap between insurers, doctors and travellers to offer a universal healthcare product, at a time when it is particularly anxiety-inducing to fall ill whilst abroad.
After a heavily disrupted 2020/2021 ski season, travellers are desperate to get back to the slopes, with many looking for more options for ski holidays this year than they did last year. Air Doctor explores the opportunities ahead for insurers.
The Covid-19 pandemic has been an unprecedented global challenge that no one could have predicted. While there were a lot of companies hitting troubled times, there have also been those doing very well during the pandemic.