Travel insurance provider Battleface has partnered with Spinnaker Insurance Company, a fronting carrier wholly owned by insurtech group Hippo Enterprises.
The partnership will give battleface the flexibility required when designing products for B2B2C markets, with a range of modular benefits and services that are best suited for customising products to fit travellers’ needs.
Greenlight Re, battleface’s Seed Round lead investor, will provide reinsurance for its products.
In late 2020, battleface closed on its Series A financing round with Columbus, Ohio based Drive Capital, with the investment being used to fund growth and market expansion and establish battleface’s global headquarters in Columbus’ burgeoning tech hub.
Lisa Conway, battleface’s newly appointed Chief Underwriting Officer said: “Led by a global team of travel insurance experts, battleface combines innovative technology and modular underwriting to create, distribute and service customised travel insurance products.
“With the ever-changing global travel requirements and customer’s needs, we believe there’s a growing need for an alternative custom-based approach when designing travel insurance products and services. Spinnaker’s technology expertise, comprehensive filings, and broad flexibility will add to our value proposition for our partners and their customers.”
Dave Ingrey, CEO, Spinnaker added: “Within the travel industry, battleface brings an innovative approach to its custom insurance solutions that proactively protect and serve the needs of today’s travellers.
“We’re excited to work with the battleface team to strengthen and scale their custom-built products and services with our tech-friendly innovative fronting carrier solutions.”
