Fast Cover rolls out flexible travel insurance offerings | Insurance Business Australia
Travel
Fast Cover rolls out flexible travel insurance offerings
Offerings aim to redefine insurance for modern travelers in a post-pandemic environment
Travel
By Roxanne Libatique
Fast Cover has unveiled new travel insurance solutions targeting Australian travellers, addressing the surge in travel insurance demand as the industry recovers from the COVID-19 pandemic’s effects.
According to a Business Insider report, this move is part of the company’s commitment to providing tailored insurance policies that resonate with the preferences of today’s travelers, including adventure enthusiasts and families seeking leisurely vacations.
Flexible…
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
On April 24, 2024, the White House established new rules for airlines, mandating automatic and timely refunds for passengers whose flights had been changed, delayed or canceled.
That’s a big relief to travelers, but there are still many unexpected situations where travel insurance can be a lifesaver before or during your trip.
“Travel insurance is often an overlooked investment until the unforeseen happens,” says Beth Godlin, president of Aon Affinity Travel Practice. “It’s designed to give travelers peace of mind and financial protection against travel risks.”
A…
The Social Security and National Insurance Trust (SSNIT) has explained its decision to sell a 60% stake in its hotel to Rock City Hotel owned by Dr Bryan Acheampong, the Minister for Food and Agriculture.
SSNIT’s response came after North Tongu MP, Samuel Okudzeto Ablakwa, petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate and stop the sale of six hotels including Labadi Beach Hotel, La Palm Royal Beach Resort, Elmina Beach Resort, Ridge Royal Hotel, Busua Beach Resort, and the Trust Lodge Hotel to the Abetifi MP.
Mr Ablakwa’s petition to CHRAJ seeks an investigation into…
The historic Cornstalk Hotel, the 208-year-old French Quarter landmark that shut down four years ago during the pandemic and never reopened, is back on the market after a sale of the property fell through earlier this year.
The boutique hotel — named for the cornstalk pattern of its cast-iron fence — is one of the historic neighborhood’s iconic properties. Located in the 900 block of Royal Street two blocks from Jackson Square, it has been featured in countless movies and TV shows, most notably Elvis Presley’s 1958 classic “King Creole.”
The asking price for the property is $5.2 million, according…
Air Vanuatu liquidation exposes insurance coverage gaps | Insurance Business Australia
Travel
Air Vanuatu liquidation exposes insurance coverage gaps
Thousands of travelers left stranded, facing financial losses
Travel
By Roxanne Libatique
Air Vanuatu’s unexpected decision to enter voluntary liquidation has left thousands of travelers stranded and facing significant financial losses due to widespread flight cancellations.
A spokesperson from the Department of Foreign Affairs and Trade (DFAT) has advised Australians to reach out to their travel agents or travel insurance providers. Consumer experts, however, warn that only a few travel insurance policies cover such insolvency events.
Australian travel insurers that cover…
Dr Yaw Baah
Organized labor has called on the Board of the Social Security and National Insurance Trust (SSNIT) to cancel the sale of 60% shares of its stake in several hotels to the Agriculture Minister, Bryan Acheampong.
Addressing a news conference in Accra on May 20, 2024, the Secretary General of the Trades Union Congress (TUC), Dr Anthony Yaw Baah, said the sale of shares is unacceptable.
Meanwhile organized labor has called for an emergency meeting with President Akufo-Addo and officials of the Investments and Operations Unit of SSNIT.
Dr Yaw Baah said, the Minister for Employment and Labor…
Qatar Insurance Company wins best travel insurance in MENA | Insurance Business Asia
Travel
Qatar Insurance Company wins best travel insurance in MENA
Company earned recognition for the second consecutive year
Travel
By Roxanne Libatique
Qatar and MENA (Middle East and North Africa) region insurer Qatar Insurance Company (QIC) was named “Best Travel Insurance Company in The Middle East” for the second year running at the 2024 Global Banking & Finance Review Awards.
The award recognizes QIC’s leadership in transforming travel insurance with its digital tools and customer service that benefits both departing and arriving travelers.
QIC has launched several…
The hotel that owes the largest wage theft payout in Oakland’s history still hasn’t paid a dollar to 128 ex-workers, according to union representatives who are pressuring the city to take legal action.
Workers at the Radisson Hotel near the city’s airport were owed $20 an hour instead of the $15 rate they made between July 2019 and April 2020 because they declined health benefits — a wage-increase measure approved by voters in the 2018 election.
Last fall, the city’s Department of Workforce and Employment Standards found the Edes Avenue hotel owed more than $400,000 in back pay to housekeepers,…
