Seyna insures tickets for next Rugby World Cup 2023
Paris-based Seyna announced it will cover ticket cancellation for the next rugby world cup, which will be held in France, with over 2 million tickets available for sale.
The company which has raised a bit over $15 million since its inception in 2018 works with companies to design and distribute insurance products. And last year, it claims to have insured over 40,000 people (P&C lines).
“‘Traditional’ ticket insurance protect against issues such as illness, bereavement, transport breakdown, etc. They require a proof document justifying why you wish to cancel, and the refund process is tedious. Seyna’s insurance offers a refund (with a 30% deductible) without the requirement for the ticket buyer to show any proof. The refund is immediate. If you have a proof document, then the refund is 100%.”
The product will be integrated into the ticket buying journey; in partnership with Phenomen . “The insurance is embedded. It was literally as simple to subscribe for a ticket protection, as adding an extra-topping when you buy your Starbuck’s coffee.”
Bottom Line: Protecht comes to mind.