Through this partnership, SiriusPoint will underwrite Gigasure’s policies, while IMG (International Medical Group, Inc.), a subsidiary of SiriusPoint and a global insurance and assistance services provider, will handle claims and assistance services.
Chris Price, Head of Travel, Accident and Health at SiriusPoint, said: “Gigasure offers a truly unique proposition, allowing policyholders to customise their cover on the go and receive real-time support for flight and baggage delays through parametric products. We are excited to partner with Gigasure and support their ambitions.”
Launched in August 2024, Gigasure allows customers to tailor their insurance policies to suit their specific needs and budget. The Gigasure app offers policyholders the option to enhance their cover post-purchase and access GigaShield Flight and Baggage Delay benefits, developed in partnership with Blink Parametric, to provide real-time claims support.
Ernesto Suarez, Chief Executive Officer at Gigasure, commented: “Gigasure was created to offer insurance that fits travellers’ plans, not the other way around. In a world where security and reassurance are paramount, our personalised insurance provides exactly that.
“To achieve this, we needed an underwriting partner that shares our vision of being the most customer-centric insurance provider globally. SiriusPoint is our partner of choice, thanks to their deep understanding of the MGA market and their commitment to empowering their partners. Together, we look forward to bringing more innovative products to market,” Suarez added.
