Urban Jungle launches travel insurance product

London-based insurance startup Urban Jungle is going beyond renters and homeowners insurance with the introduction of a new travel insurance coverage in partnership with P J Hayman & Company, a distributor of travel insurance products.

Customers will be able to choose from single-trip and annual multi-trip policies that cover medical emergencies, cancellations, delays and lost luggage.

Founded in 2016, Urban Jungle raised ~$60 million in funding and it claims to have helped over 300,000 customers get coverage. The startup reported a loss of £7 million for the year ended September 30, 2023 as it continues to invest in building out its technology and setting itself up for future growth.

“At Urban Jungle we’ve always had the goal of helping customers get fairer cover across a range of insurance products, so it’s fantastic to continue our product rollout. Just like our flagship home insurance products, our travel insurance is designed to be simple, clear and fair, and customers can get insured in minutes. Having announced further growth funding mid last year, it’s a really exciting time for Urban Jungle as we continue to expand to new verticals. It’s part of our Urban Jungle vision of a world where everybody feels confident about their financial future, starting with insurance.” – Jimmy Williams, CEO and Co-Founder at Urban Jungle.