06 Nov Romanian InsurTech FlightClaimEU celebrates its debut in The Insurtech: Hot 100
The top 100 pioneering companies transforming the global insurance industry were announced today by Intelligent Insurer.
FlightClaimEU, one of the world’s fastest growing Travel Claim InsurTechs has made it onto The INSURTECH Hot 100. The INSURTECH Hot 100 is an annual list of the world’s most innovative InsurTech companies that are solving significant industry problems, generating cost saving and efficiency improvements within insurance as selected by a panel of analysts and industry experts.
This is just the latest highlight in FlightClaimEU’s 3-year growth story, which since its inception in 2017, has seen it grow from a 2-men start up to a trailblazing InsurTech which was powered by CCN Group in its initial set up phase.
Speaking of today’s announcement by Intelligent Insurer, the specialist data and research provider and the organisation behind INSURTECH Hot 100, FlightClaimEU’s co-founder and serial Dutch entrepreneur Cees Werff said: “We are honoured to be named amongst the best and brightest in the global InsurTech industry. Selected from a pool of more than 1,000 companies and being awarded such recognition makes this a very proud day for us. 3 years after we started FlightClaimEU we continue to grow at speed, driven by our product innovation, Insurance and travel partnerships and our ambition to provide InsurTech solutions to end users in every corner of the world.”
FlightClaimEU is now an industry leader in legal assistance & claims service innovation, transforming its clients’ flight disruptions into superior service experiences with simple, intuitive, online services. The company partners with insurance and travel agencies, driving innovation in Europe.
FlightClaimEU made it onto the list amidst strong competition in an industry which is growing at breakneck speed and where new players are joining monthly.
According to Intelligent Insurer, the InsurTech industry has seen huge growth in the last 2 years as insurance companies grapple with the challenges of digital transformation and new demands from customers. Nearly $10bn has been invested in InsurTech companies since the beginning of 2017.
Intelligent Insurer commented, “The companies on this list are the ones that every leader in the insurance industry needs to know about as they consider and develop their digital transformation strategies.”
FlightClaimEU was successfully launched in 2017 and have complemented their services platform with Baggage and Tax refund solutions. FlightClaimEU offers an innovative real-time data driven travel disruption service. Once a traveller registers their flight details, FlightClaimEU monitors that flight in real-time.
Any flight disruption that occurs to the registered flight, automatically results in a traveller being notified instantly. Real-time event notification allows for real-time problem resolution! The traveller is immediately offered service to register it’s claim online and will receive it’s compensation according to EU regulation (EC261) within 48 hrs. into its bank account.
Mr. Werff continued; “Being able to differentiate ourselves from other businesses in the industry is crucial. What we offer is unique and has a ‘wow’ factor that delivers an extraordinary impact for our travel insurance partners as they push ahead with their InsurTech transformation objectives. We’ve signed some huge partnerships over the last 24 months, and we have others in the pipeline to be announced this year, so the future is exciting, and this recognition is the perfect acknowledgement and motivator for our team to keep delivering excellence.”