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travel insurance

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Why you need to consider embedded insurance

November 23, 2023 by Jason Contant

Embedded insurance not only enhances the customer experience but also provides greater access to data for insurers, speakers said during KPMG’s recent 2023 Insurance Conference in Toronto.  “You unlock a lot of data that will change the way you do

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Paid How to quickly and confidently sell travel insurance – your brokerage’s next big opportunity

September 18, 2023 Allianz Global Assistance

Canadian Underwriter sat down with Allianz’s Chief Executive Officer Chris Van Kooten and Chief Operating Officer Kyle Sparkman to talk about how the travel insurance provider supports brokers and their clients. It’s a new era for travel insurance – and

Woman preparing suitcase for travel
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Navacord ramps up activity in this line of business

July 31, 2023 by Jason Contant

Navacord Corp. is growing its travel insurance business, recently announcing the appointment of a newly created executive role for the sector and the acquisition of brokerage known for its Canadian snowbird clients. Last week, Navacord appointed Melanie Muise to the

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Paid What are the Top 4 myths clients believe about travel insurance?

June 12, 2023 Allianz Global Assistance

Post-pandemic, Canadian travellers have realized how essential travel insurance has become, with almost 90% planning to buy coverage for their next trip, shows data from Allianz Global Assistance — a leading travel insurance provider. Despite this awareness, many clients still

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Paid How does travel insurance add value to your brokerage?

May 29, 2023 Allianz Global Assistance

Loyalty is trending among consumers. And there’s one sure way for your brokerage to increase loyalty among clients and get them the peace of mind they’re looking for. “Travel insurance is helping drive loyalty with insurance advisors who can help

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Paid Why is travel insurance the next big opportunity for brokers?

May 15, 2023 Allianz Global Assistance

It’s a new era for travel insurance. Despite economic uncertainty, Canadians plan to spend over $14 billion on vacations this year, according to new data from Allianz Global Assistance, a leading travel insurance provider. Post-pandemic, travellers have become more risk-aware

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Paid Around the World

April 18, 2023 Brooke Smith

With travel returning to pre-pandemic levels and Canadians starting to feel comfortable among others again, many of your high net worth (HNW) clients will be jet-setting once again. While an umbrella insurance policy will cover your client while they’re travelling

Woman in an airport checking out flight cancellations on the board
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Court approves insurer’s settlement over COVID flight cancellations

February 23, 2023 by David Gambrill

Ontario’s Superior Court has approved a $4.8-million settlement in a class action lawsuit related to the denial of travel insurance claims by TD Home and Auto Insurance for cancelled flights during the first months of the COVID-19 pandemic. During that

Beach chair and umbrella in the sun.
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Do younger Canadians planning vacations value travel insurance?

February 2, 2023 Canadian Underwriter Staff

Making up for the inability to travel during the pandemic is top of mind for 70% of Canadian millennials, who told an Allianz Global Assistance survey conducted by Ipsos they’ll be taking a vacation this year. Of those saying they’ll

Airliner landing in a vacation paradise
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More people are flying – is that good for travel insurance profits?

July 13, 2022 by Alyssa DiSabatino

Business and leisure travel is on a post-pandemic rise, but major flight delays and cancellations will have impacts on travel insurers’ credit profiles, said a commentary from credit-rating agency DBRS Morningstar. Even though airplane travel remains below 2019 levels, staff

Traveller waiting for flight in airport
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Travel insurance enters new world, as pandemic restrictions ease

March 25, 2022 by Jason Contant

The federal government’s easing of COVID-19 travel restrictions will generally make it easier for travellers to get insurance coverage, since some providers weren’t in the position to offer coverage when travel advisors were at a higher level, travel insurers tell

Travel insurance documents to help travelers feel confident in travel safety.
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Court overturns $100K bad faith award against Lloyd’s, Industrial Alliance

March 4, 2022 by David Gambrill

An insured is not entitled to a bad faith cost award based on his travel insurers’ conduct in settling the claim with foreign medical service providers, so long as the insured is not exposed to pay settlement amounts that exceed