Insurtech Qover has teamed up with banking services provider Revolut to provide embedded insurance for its trip and event cancellation cover. The insurance will be available as part of the Revolut Ultra plan and will be underwritten by European insurer Wakam.
Balazs Gati, general manager insurance at Revolut, said “This is a truly innovative offering that brings peace of mind to our Ultra users when booking their holidays; whether it's a hotel, airbnb, flight, train or event, they can book knowing they're covered.”
Quentin Colmant, CEO and co-founder of Qover, added: “With the peace of mind that comes with the trip and event cancellation cover, customers can rest easy knowing that they are protected against unforeseen circumstances that could impact their plans. Our emphasis on customer experience means that we can process claims quickly and easily, making this new offering a valuable service for all.”
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