Generali to support smart vaccination with travel insurance
- Good Health Pass: A cross-sector initiative that links organisations throughout the technology, health, and travel industries. Its aim is to create an interoperable system that can restart global economies by opening up international travel.
- Smart Vaccination Certificate: A World Health Organisation-led consortium that’s working to establish a common framework for a digital certificate in support of COVID-19 vaccination efforts.
Reinvigorating the global economy
International travel, for most of the world, remains an unattainable pleasure and one which is having a spectacularly adverse effect on the tourism industry - Forbes in January 2021 that the pandemic had caused almost US$1trn in lost revenue.
If it is to recover this year, a new form of seamless travel experience that combines safety and efficiency is needed. This, GGA’s CEO Chris Carnicelli, is why the company has endorsed the aforementioned campaigns for restoration.
“[We] chose to endorse some of the leading smart vaccination and digital health pass initiatives while tailoring our offerings to accommodate the growing number of new entry requirements around the globe.
“We look forward to adding value to these cross-sector initiatives by leveraging our extensive experience mitigating risks for individuals and institutions to help facilitate the return of international travel and reinvigorate the global economy."
Focusing on customer needs
Generali of operation in the insurance industry. This latest development indicates that it has no intention of slowing down or falling into irrelevance. As always, the capacity to move with the changes is what defines a true sector leader.
"As a company focused on caring for our customers during their most difficult moments with products that directly impact their travel experience, we felt it was our duty to play a proactive role in promoting a smooth return to travel through these initiatives,” added Carnicelli.
Tribe and APOLLO announce national insurance campaign
Tribe Property Technologies in partnership with APOLLO insurance has announced a national insurance campaign to digitise insurance for condominium owners, renters, landlords, and developers across Canada. The aim of the campaign is to make insurance access easier and faster for owners while improving the coverage and protection of condominiums and rental buildings.
According to several surveys, nearly half of 4.5mn rented houses in Canada do not have tenant insurance protection, meaning those individuals and their families are put at risk of fire and water damage.
What does the national insurance campaign include?
According to Tribe, the company is working with APOLLO to ensure that this type of insurance is easier to access. It aims to achieve this by introducing a direct connection to APOLLO's insurance technology from both Tribe's strata and condo management platform and rental software to allow for increased education and awareness for owners into insurance risks and options.
It also includes the future ability for notifications for mid-term cancellations, and plans to offer protection from potential strata/condo corporation deductibles, Tribe said.
"We are excited to partner with APOLLO to bring accessibility, visibility, and education around insurance options to our communities and reflect the current lifestyle expectations of condo owners and residents while protecting the value of their biggest assets", said Joseph Nakhla, Chief Executive Officer of Tribe.
Nakhla added: “This agreement with APOLLO is just the first step under our Digital Services & Partnerships revenue pillar. We will continue to layer on services to drive revenue for Tribe, and bring convenience and savings for our users, with the goal of being able to offer a one-stop-shop to our development partners and the over 100,000 residents in Tribe-managed communities”.
APOLLO uses technology as a channel between insurance brokers, carriers, and their mutual clients, offering insurance options from multiple companies on one integrated online platform.
"We like that Tribe is taking a fresh approach to condo living and building smart homes through tech-enabled service, and an integration with their Community Platform supports our goals of making insurance more accessible and supporting the needs of communities”, said Jeff McCann, Chief Executive Officer of Apollo.