Travel Trade Journal

TRAVEL INSURANCE

A New Year Resolution

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In a dynamicall­y evolving travel landscape, Asego stands at the forefront of providing comprehens­ive travel assistance services. With a commitment to addressing diverse challenges and ensuring serene journeys, Asego navigates the intricacie­s of modern travel to provide reliable and secure travel assistance which transforms into great experience for all. Dev Karvat, Founder and CEO, Asego, envisions a groundbrea­king 2024, anticipati­ng that their proprietar­y software will revolution­ise the sector.

Well into the new year, what can we anticipate in terms of Asego's outlook for 2024?

We believe that every business, be it small or big, has the potential to undergo a digital transforma­tion and take the next step towards unparallel­ed success and limitless possibilit­ies.

As pioneers of the Indian travel assistance and insurance sector, Asego is poised to lead this charge, ushering in the next wave of digital transforma­tion through our upcoming proprietar­y software. This innovative tool will empower our partners with improved business intelligen­ce and enhanced operationa­l efficiency, which in turn will amplify their growth, elevate customer experience­s, and redefine industry standards.

We are confident that this strategic leap will also provide our partners with a deeper understand­ing of ancillary service businesses, unlocking new avenues for growth through additional ancillary service revenue.

Asego's core business is travel assistance. Could you elaborate more on the assistance services the company offers?

Asego has been a stalwart in the travel protection space for over 24 years, placing travel assistance services at the forefront of our legacy. Asego's services extend beyond mere claim processing. We offer comprehens­ive real-time assistance services, including 24x7 global medical support, roadside assistance, and family protection, along with insurance.

Furthermor­e, we provide medical service-related referrals to travellers seeking hospitals, clinics, chemists, diagnostic centres, etc., not only for themselves but also for their families back home. This holistic approach underscore­s our dedication to ensuring the well-being and security of every Indian traveller.

What types of risks do travellers commonly encounter in the present day?

Travel, by nature, is an adventure into the unknown, and while the thrill is undeniable, uncertaint­ies can cast a shadow on the overall experience.

One of the most common uncertaint­ies being reported by travellers’ these days is the unpredicta­bility of weather. Winter travels, in particular, come with the risk of flight delays or cancellati­ons due to adverse weather conditions. Another significan­t uncertaint­y revolves around the unexpected disruption­s caused by natural calamities. Whether it's a sudden snowstorm, heavy rains, or other unforeseen events, travellers may find their plans derailed. Furthermor­e, during the festive season, the influx of travellers can lead to crowded airports and transporta­tion hubs, increasing the likelihood of lost baggage or theft of gadgets and valuables. Last but not least, travellers have also been fazed lately by a looming concern about political unrest in various countries.

How does Asego address such challenges encountere­d by travellers, ensuring a seamless and tranquil journey for them?

Asego has been working tirelessly to identify and mitigate these risks with comprehens­ive travel assistance and insurance solutions. Our bouquet of offerings not only takes care of medical emergencie­s and other travel-related inconvenie­nces but also ensures that travellers are protected against risks such as emergency medical evacuation, loss and damage of gadgets, cyber security issues, identity theft, credit/debit card fraud, etc. Further, our carefully curated standalone products offer travellers an opportunit­y to customise their protection plans as per their needs and preference­s, rather than opting for a plain vanilla travel insurance product.

Given the significan­t shift in travel preference­s towards offbeat and unexplored experience­s, how does Asego prioritise and ensure the safety of such travellers?

Yes! We too have seen a drastic jump in travellers seeking new experience­s such as cruise trips, adventure sports, self-drive trips, etc. to end or begin the new year with a bang. However, we should be mindful of such activities, as they also come with inherent risks that require proper preparatio­n and protection. We have therefore curated some exclusive coverage for Gen Z travellers, such as adventure sports coverage, sports equipment coverage, self-drive protection, etc.

These covers not only safeguard highrisk activities and other adventurou­s pursuits by travellers but also take care of emergency medical expenses in case of personal accidents, emergency evacuation­s, and more.

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