Travel & Hospitality @ Wallbid

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.

Create unforgettable experiences and new revenue streams

With embedded insurance, customers benefit from a streamlined booking experience and tailored policies which offer true peace of mind while you get the benefits of higher conversion rates, fewer lost bookings, and additional income sources.

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

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.

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.

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.

GO LIVE IN WEEKS

Plug & play solution, minimal effort,

zero cost & risk

Wallbid, a global insurtech provider, blends cutting-edge technology with innovative insurance products to deliver end-to-end solutions for partners around the world. We enable our partners to launch innovative insurance offerings in just weeks, eliminating insurance-related hassle and delays.

AI-powered middleware platform - seamless API integration.
Omni channel sales
Innovative insurance products, underwritten by tier-1 reinsurers and insurers.
Fully digital customer experience from buying a policy to resolving a claim.
Web portal for real-time monitoring of sales and KPIs.

Tailored insurance solutions for

travel & hospitality

We deliver end-to-end insurance offerings designed to meet the unique needs of every industry. Our solutions help our partners to enhance their value proposition, drive revenue growth, and build customer loyalty.

Cancel for Any Reason (CFAR)

Travelers can cancel their bookings if they change their mind - no matter the reason - and receive up to 100% refund without providing any documentation or proof.