OneBefore and Pulse Insurance Launch Customizable Travel Insurance Product 'Travel Well'
OneBefore, a managing general agent (MGA) led by underwriters, has partnered with Pulse Insurance to unveil a new travel insurance product called Travel Well. This innovative insurance option is designed to provide travelers with customizable coverage tailored to their individual needs.
The launch of Travel Well represents Pulse Insurance's first foray into the retail travel insurance sector, marking a significant expansion for the company. Previously, the two firms collaborated on the Pulse Globetrotter, a medical travel insurance product that laid the groundwork for this new offering.
Travel Well allows policyholders to enhance their coverage with a top-up feature, which is especially beneficial for those planning more expensive trips. This feature enables travelers to increase their policys cancellation limits, providing them with added security and peace of mind. Alternatively, for those on a tighter budget or who require minimal coverage, a more economical option is available that focuses exclusively on emergency medical expenses.
Vered Lobel, the CEO of OneBefore, expressed enthusiasm regarding the partnership with Pulse, stating, Our collaboration has flourished over the past year since launching our Pulse Globetrotter product together. We are excited to continue working with them to deliver quality products that address underserved niches in the travel and wider market. Lobel emphasized the importance of giving policyholders the flexibility to select coverage limits and types that fit their specific travel needs. She conveyed optimism about future innovations as their partnership continues to evolve.
OneBefore specializes in a range of insurance products, including accident insurance, absence coverage, supplementary health services, and travel insurance, specifically catering to residents across the UK. This diverse portfolio positions the company to respond effectively to the varied needs of its customers.
Oliver Slaney, the operations manager and underwriter at Pulse Insurance, highlighted the companys commitment to innovation. He remarked, At Pulse, we are committed to consistently innovating to deliver products that address gaps in traditional travel and health insurance products. By collaborating closely with OneBefore, we are pleased to deliver another product that serves client needs effectively.
Pulses Insurance is recognized as a specialist provider of personal accident, travel, life, and protection cover. The firm is regulated by the Financial Conduct Authority and holds the status of an approved coverholder at Lloyd's, which signifies a level of trust and credibility within the insurance industry.
This new product launch not only enhances the offerings available to consumers but also signifies a broader movement within the insurance market towards more flexible, personalized solutions for travelers.