Great American Insurance Group partners with Faye
Great American Insurance Group has selected Faye to support its entrance into the travel insurance market.
As part of the partnership, the insurer and Faye have designed a suite of travel insurance plans that will be distributed through Faye’s app and partners.
Faye also has an underwriting partnership with United States Fire Insurance Company.
“Following the pandemic, we recognized a need for an insurance carrier that supports travel MGAs and brokers rather than competing with them. We looked for a collaborator focused on improving the traveler experience and strengthening trust in the category. Faye’s modern approach and rapid growth made them a compelling fit, and we’ve been impressed by their strong leadership, sophisticated technology and commitment to service.” – Chris Banocy, Divisional Senior Vice President, Great American Embedded Solutions.
“We are pleased to join forces with Great American, a deeply respected specialty insurer whose financial strength and decades-long stability bring meaningful assurance to the travel insurance ecosystem. Their commitment to supporting MGAs and enabling long-term growth aligns closely with our mission to modernize travel protection and deliver a dependable, transparent, and caring experience for travelers. We look forward to bringing more innovation to an underserved, high-growth category, together.” – Elad Schaffer, Co-founder and CEO of Faye.
