Cover Genius gets Booking Protect to extend reach

New York, July 25, 2022 (GLOBE NEWSWIRE)- Cover the geniusEmbedded insurance companies today, Reservation protection, A leading specialist in embedded ticket protection for ticket sellers, platforms and live event companies, including SeatGeek, Spectrum, AudienceView, Night Out and Zaiko in Japan. See Tickets, Festicket, TicketSource in the UK and OzTix in Australia.

With this acquisition, Cover Genius will expand its presence in the ticket and live entertainment market by enabling more than 350 partners in ticket platforms, small and medium-sized ticket sellers, events, venues and Booking Protect. XCover is an award-winning end-to-end global distribution platform.

In addition to Amazon and other retail stores AXS And with other global brands such as Booking Holdings, Intuit, and Hopper, the world’s largest digital companies can check out and app for any insurance or warranty offer in any country from a single API call. It can be incorporated directly.

“With the significant increase in attachment rates and customer satisfaction metrics for ticket partners such as AXS, we are happy to apply these learnings and use a platform approach to enhance the outstanding foundations of our talented BookingProtect team. I think. ”Angus McDonald, CEO and co-founder of CoverGenius, said: “It’s only natural to team up with well-established leaders in specialized areas such as ticketing. They sacrifice traditional insurers where legacy systems can hurt customer performance and partner growth. We’ve built great services and end-to-end solutions .. Cover Genius continues to focus on enterprise partners like AXS, but recognizes that there is a huge addressable market there. As a result, these acquisitions have allowed us to deepen ourselves into very attractive industries such as ticketing. “

Booking Protect partners will benefit from the XCover platform and the team will move to CoverGenius to maximize growth within the explosively growing sector. In 2022, sales reached over 2 million policy sales, up 74% year-on-year. This is a clear reflection of the changing consumer needs in the post-pandemic world as platforms can meet consumer demands that they want to be protected in a seamless way. By their favorite digital app.

Simon Mab, CEO of Booking Protect, said: “The pandemic has revealed the need for comprehensive coverage. We believe it’s time to work with Cover Genius to expand our technology and extend our mission. We will continue to serve our partners. We look forward to delivering and helping companies deliver a seamless customer experience when they need it. “

About Cover Genius
Cover the genius Is a built-in insurance company that protects the global customers of the world’s largest digital companies, including Priceline, Kayak and Booking.com, Intuit owner Booking Holdings. hopper, Skyscanner, Ryanair When Descartes Ship Rush..We too Available on Amazon, Flip cart, eBayWayfair and the largest company in Southeast Asia, Shopee.. Cover Genius’ vision is to protect all customers of the world’s largest online companies. XCoverAn award-winning global distribution platform for any line of insurance or warranty, with an API for instant billing payments, holding an industry-leading +65 NPS^‡..

Cover Genius and its partners are collaborating to create solutions that incorporate licensed or licensed protection in more than 60 countries and all 50 states in the United States.

^‡ The score includes all types of claims and claims results across the partner network, except for partners with less than 30 claims and partners not evaluated by Cover Genius.

About reservation protection
Booking Protect is the world’s leading refund protection specialist, protecting bookings of all sizes, anywhere in the world. The market-leading technology created by Booking Protect provides the most comprehensive coverage for your customers and brings additional revenue to your sales partners.

Founded in Leeds in 2014, the company has developed its own technology and has grown internationally, currently serving markets around the world, including the United Kingdom, Europe, North America, Australasia and East Asia. Protects some of the most famous places in the country.

Booking Protect is one of the top providers in the market rated “excellent” by Trustpilot, with over 6,000 reviews, 92% of which are 4 or 5 stars.

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