Travel & Hospitality

Customized protection to your

customers’ itinerary at the right time in the booking path

Giving an offer for travel insurance while a customer is looking to book a flight is nothing new. What is new is the ability of technology to insert insurance into so many new services and experiences related to the Travel industry. With online sales booming and travelers seeking on-demand protection in the post-COVID era, embedded insurance is becoming a new, flexible, scalable business model.

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Travel & Hospitality

Create unforgettable experiences and new revenue streams

With embedded insurance, customers benefit from a streamlined booking experience and tailored policies such as Travel Cancelation, Cancel for any Reason, and/or Travel Insurance among others offering true peace of mind while you get the benefits of higher conversion rates, fewer lost bookings, and additional income sources.

Travel & Hospitality
CASE IN POINT

Steve and his family plan their summer vacation

After a year of hard work, Steve and his family are planning to take 2 weeks off and spend the summer on a beautiful Greek island. First things, first! Booking a hotel is the number one priority. While navigating the nice hotels available, they discover that your resort offers insurance coverage for airfare and change fees, activity costs, event tickets, and even non-refundable hotel expenses—just a few clicks during the booking process! Preparing for a worry-free summer is what they need. Sun, Sea, and Safety—all in one place. What a delight!

EMBEDDED INSURANCE BENEFITS FOR THE TRAVEL & HOSPITALITY INDUSTRY

Embed flexible insurance solutions into the

booking process and reap the benefits

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Happy Travelers = More love for your brand

Embedded insurance will offer your customers the flexibility they need to build their perfect trip in real-time by changing the insurance coverage options as new features are added to their itinerary.

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Personalized protection for every individual trip

Embedding insurance solutions into the booking process will offer your customers the convenience of fully tailoring their individual trips based on their digital footprint, without any additional hassles.

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New profit streams

Embedded insurance appears like an attractive value proposition for your travelers and often ends up in a positive sale. That means your business will benefit both from higher conversion rates and extra profits from insurance sales commissions.

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The Wallbid Platform Technology

The complete insurance package,

all in one simple plugin

Wallbid’s proprietary technology gives us the flexibility to build any embedded, online journey with our partners depending on what works best for their customers. We are not constrained by tech limitations in this regard.

  • dot A high-tech platform to integrate instantly with zero hassle
  • dot Flexible, fast, and convenient
  • dot Omni-channel support
  • dot Instant quote
  • dot Fully digital customer experience from quote to claim, including sign-up flows, digital comms, and policy documents
  • dot Zero customer acquisition costs

Enrich your services with

relevant insurance products

Along with our insurance partners we are providing well-defined, simple product solutions resulting in a straightforward buying and claims handling process.

Choose between three different ways of embedding insurance solutions into your ecosystems and take your customers’ experience to the next level.

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Soft embed

Users opt-in as part of a larger service or purchase process

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Bundled

Where insurance is included automatically as part of a product or service

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Linked

Insurance that is automatically triggered by data or an event, like a phone being dropped or a car engine starting

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Set your business up for

exponential growth