Barcelona-based TMC TravelPerk has partnered with insurance provider battleface to offer medical and baggage insurance to clients in the UK and Europe.
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Part of the TMC*s FlexiPerk insurance suite, the new add-on allows travellers to purchase insurance coverage for unexpected medical issues or lost baggage within its online booking platform, as well as access full policy documentation, the company said.
Jon Hoar, SVP, product at TravelPerk, said: "This new offering is our solution so [business travellers] are covered for any eventuality 每 simple, reliable protection built directly into our platform, ensuring our customers can travel with confidence."
The move follows a recent survey of 3,000 business travellers across the UK, Spain and Germany (1,000 respondents in each market) that revealed close to half (44 per cent) lack a company-level travel insurance policy.
The research, conducted in March, also highlighted that 24 per cent of survey respondents rely on personal insurance policies while travelling for business, and a further 15 per cent depend on their credit card insurance.
When asked how their company could better support their business travel needs, survey respondents ranked travel insurance as more important than extra time off at the destination and healthy meals.