According to reports, the Insurtech’s global capabilities enable the low-cost Latin American carrier to introduce tailored travel protection in new markets.
Cover Genius is already partnered with some of the world’s largest airlines, OTAs, and other travel providers to embed frictionless protection options in the booking path.
Leveraging the insurtech’s global reach, which include licenses or authorisations in over 60 countries and all 50 US States, SKY Airline will introduce protection to customers in Brazil for the first time.
This move follows a recent Embedded Insurance Travel Report, conducted by Momentive.ai and commissioned by Cover Genius, which found 75% of Brazilian travellers, motivated by convenience, would prefer to buy protection from embedded sources ‒ namely their travel provider, agent or airline.
“We’re thrilled to partner with SKY Airline to help them expand to new markets, like Brazil, where travelers show significant interest in embedded protection,” said Julio Castellón, SVP Strategic Partnerships – LATAM at Cover Genius.
“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.”
Jaime Fernández, Head of Digital Channels at SKY Airline, explained: “We’ve seen increasing interest among travelers to safeguard their purchases and manage risk by adding protection to their tickets.”
He continued: “Now that we are in a process of regional growth, we are very excited for this alliance. 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. We are sure that this experience fits great with our value proposition of safe and accessible flights in the newest fleet of South America.”
Source: Cover Genius
