Collinson Partners With World Nomads to Enhance Travel Insurance Offerings in UK & Europe
27 June 2024 - 9:00AM
Business Wire
Collinson, a global leader in travel experience and loyalty
programmes, has announced a strategic partnership with World
Nomads, the global travel insurance provider, including the launch
of a new Annual Multi-Trip (AMT) product in the UK &
Ireland.
The new product range will enhance the customer experience with
the addition of increased coverage limits and new benefits that
apply to both annual and single-trip policies, as well as
innovative parametric service, SmartDelayTM. These enhancements
ensure that travellers are better protected against a wider range
of travel-related issues and unexpected flight delays or
cancellations.
As part of the partnership, Collinson will be responsible for
underwriting the AMT product as well as providing World Nomad
customers with the use of its new parametric product
SmartDelay.
SmartDelay is a real-time, parametric product which provides
customers with a range of benefits in the event of a flight
disruption, for example, providing access to over 1500 airport
lounges or alternative benefits such as spa, sleep pods and
restaurant discounts for travellers experiencing flight delays.
SmartDelay also gives traveller access to Air Doctor, which
connects travellers with private doctors and medical advice in
destinations where public health services may be overstretched
and/or unable to treat international travellers.
This new partnership supports Collinson’s UK and European growth
ambitions, allowing the company to underwrite business for World
Nomads in the UK, Ireland, Germany, Denmark, Belgium and Holland,
with more to follow.
Greg Lawson, Head of Travel Insurance at Collinson, said: “Given
both Collinson and World Nomads are established and respected
brands by travellers globally, our collaboration in developing
products that deliver above and beyond what today’s travellers
demand from their travel insurance, demonstrates our commitment in
offering fair value, flexibility and choice. The synergies of our
companies make our partnership stronger, given Collinson’s
experience as a renowned travel underwriter and World Nomad’s
commitment to offer innovative travel insurance. It’s a great time
to bring exciting products to the travel market to drive our shared
UK and European growth ambitions.”
World Nomads’ AMT policy offers comprehensive and cost-effective
coverage for frequent international and domestic travellers,
allowing for multiple trips within a one-year period under a single
policy. Additionally, a higher age limit (up to 69 years) and free
coverage for children (aged under 18) when travelling with adult
relatives or friends applies, making the AMT policy ideal for
multigenerational travel.
Jonathan Frankham, General Manager, UK and Europe, World Nomad,
said: “Both the introduction of the AMT product and the integration
of Collinson as World Nomads’ new underwriters reflect our
unwavering commitment to providing adventurous travellers with the
most comprehensive and innovative coverage available. We are
thrilled to offer an enhanced travel insurance experience that
addresses the unique needs of today's travellers. With features
like Air Doctor and SmartDelay, our travellers can tackle today's
most common travel challenges with confidence, enjoying seamless
access to medical care and luxurious airport lounges during
delays.”
Issued by Rein4ce on behalf of Collinson
About Collinson
Collinson Insurance: specialty lines, travel and accident &
health insurance, includes underwriting capacity, insurance
products and access to expert TPAs in the UK and Europe. Our deep
understanding of loyalty and membership programmes enables us to
offer true differentiation, so clients have confidence in our
partnership to deliver growth. SmartDelay is a parametric service
that ensures airline passengers who have registered their flight
are given access to an airport lounge or alternative benefit, in
the event of a flight delay or cancellation. Priority Pass is the
world’s original and market-leading airport experiences programme.
We provide travellers with access to over 1,500 airport lounges and
travel experiences in over 700 airports in 145 countries.
www.collinsongroup.com
About World Nomads
World Nomads is a fast-growing, global travel insurance company.
We provide inspirational stories, safety tips and specialised
travel insurance for adventurous and independent travellers. Our
online travel insurance offers cover to travellers from more than
100 countries and allows you to buy and claim online, 24/7, even
while already traveling.
Our travel insurance focuses on what we believe is important to
travellers: emergency medical and evacuation costs, baggage, trip
cancellation, trip delay and trip interruption costs. We also offer
cover for more than 200 adventure sports and activities, plus tech
and gear. Our policies are underwritten by a suite of specialist
travel insurers that provide 24/7 emergency assistance, customer
service and claims support, making us a top choice for many of the
world's leading adventure, independent and youth travel brands.
World Nomads is a part of the nib Group which provides health
and medical insurance to more than 1.5 million Australian and New
Zealand residents. We also provide health insurance to more than
170,000 international students and workers in Australia and are
Australia’s third-largest travel insurer and global distributor of
travel insurance through our business nib Travel.
https://www.worldnomads.com/uk/
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version on businesswire.com: https://www.businesswire.com/news/home/20240627952877/en/
Imogen Morrison: Imogen.Morrison@rein4ce.co.uk, +44 (0)7718
127431.