Blogs

Why does travel insurance need to be flexible?

Ernesto Suarez, Founder and CEO, Gigasure

Travel insurance is something we all need, but many of us don’t see any value from it until we need to make a claim. This is the moment of truth, where we may come to realise that the policy wasn’t quite right for our needs or find the process of claiming slow and frustrating. With so much choice on the market, do we really understand exactly what we are covered for, and why is it so important to make sure the policy is flexible enough to adapt to our plans? 

Read the full blog here

Technological advancements are reshaping the future of the insurance industry. However, the challenge remains for Insurtech’s to ensure that they themselves, have their own insurance protections in place. There are the legally required policies, but for Insurtech companies, there are also regulatory obligations to consider. And, if you are fundraising, investors may also expect you to have certain policies in place. Paragon understand the unique risks that are faced by Insurtech companies and have produced a guide for start-ups and scale-ups to provide an overview of the key insurances that Insurtech companies should consider at each stage of their journey – from incorporation right through to exit.

Contact Eloise Morgan at Paragon (emorgan@paragonbrokers.com) for guidance on how to prioritise by discussing your own exposures, and to help build you an insurance solution that provides tailored, affordable and compliant protection according to your individual requirements.

paragon's insurtech guide