Insurance Start-up Flightsurance obtains Patent Protection for Next Generation Travel Insurance in the USA
Since this week, patent No. 8,224,676 „On-demand flight accident insurance" has been registered in the U.S. Patent and Trademark Office for Flightsurance. Specializing in online technologies for the insurance industry, Flightsurance has developed one of the most innovative, flexible and fastest risk management engines.
- (1888PressRelease) July 25, 2012 - Frankfurt - The German-based insurance technology expert offers travelers a unique flight accident insurance plan with coverage of one million euro. The insurance covers travelers during the entire journey, regardless of how many transfer stops a traveler makes. Currently the Flightsurance flight travel protection is available for more than 230 airlines. Due to the innovative method of calculation, leisure and business travelers can purchase Flightsurance for a round-trip for €9.99 at most times.
On the strength of the now patented technology of Flightsurance, an anonymous customized risk profile is calculated in real-time for every flight. Thereupon a customized product price is offered directly at the point of sale to the traveler at the time of booking.
"The granting of the patent represents an important milestone for our mission, to provide an extremely high insurance coverage at low charge to leisure and business travelers around the world." says the co-founder and CEO Jens Ortgiese in view of the US air travel market.
At the moment Flightsurance Air Travel Cover, which relies on the financial power of two international insurance giants QBE and Swiss Re, is available in Scandinavia and across Europe on its website www.flightsurance.com, in major German travel agency chains, as well as on the ticket booking sites of airlines.
About Flightsurance Corporation:
Flightsurance Corporation is a technology expert, insurance broker and a partner of QBE Insurance (Europe) Limited. Specializing in on-line technologies for the insurance industry, Flightsurance has developed one of the most innovative, flexible and fastest risk management engines. QBE Insurance Group is one of the largest worldwide operating insurance companies. Swiss Re is a leading global reinsurance company that operates through offices in more than 20 countries. Leisure and business travelers can take out the air travel cover in nearly all cases for €6.99 for a one-way flight and €9.99 for a round-trip. Currently the Flightsurance flight travel protection is available for more than 230 airlines.
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