Collinson partners with Starr Insurance
Collinson, a solutions provider for the travel industry, is partnering with Starr Insurance Companies to distribute SmartDelay+, Collinson’s parametric travel disruption insurance product.
The product provides customers with a range of benefits in the event of a flight disruption such as access to airport lounges and experiences, and automated cash compensation.
Collinson created SmartDelay in 2017 and it is used in 35 countries by more than six million customers. Starr will provide insurance capacity for SmartDelay+ in the US and will also distribute the product to its customers.
“Starr is a key player in the US insurance market and we are excited to work with them to distribute our SmartDelay+ proposition across the US to provide an immediate benefit when the customer needs it most. With travel returning to pre-pandemic volumes and growing, flight disruption is inevitable, so there is no better time than now to broaden the distribution of this truly parametric insurance product beyond UK and Europe where it already has an impressive client base and track record.” – Lawrence Watts, Chief Executive Officer, Insurance, at Collinson.
“We know travel conveniences are growing in importance for our customers. Starr has teamed up with Collinson to help mitigate the stressful experience of delayed flights. Our customers can now travel knowing that with just a few clicks, they can wait for their delayed flight in the comfort of a lounge or receive an immediate cash settlement they can use while they wait, or anytime they wish. We’re both working to make air travel a more enjoyable experience. Starr Insurance is delighted to offer SmartDelay+ to our customers, bringing them some additional comfort, and less stress during their travels.” – Michael Grossman, Vice President A&H, at Starr Insurance.