Asego joins forces with Ancileo

The travel assistance and insurance provider has announced a strategic tie-up with Ancileo with an aim to reshape the insurance landscape, presenting an innovative value proposition to clients.

TT Bureau

Asego, one of India’s leading dedicated providers of global assistance and travel insurance and Ancileo, provider of end-to-end tech solutions for travel insurance ecosystems, have entered into a strategic alliance. Through this collaboration, both companies aim to reshape the landscape of travel insurance, presenting an innovative value proposition, not just to travellers but also to global distributors, and insurers alike.

Dev Karvat, Founder & CEO, Asego, expressed his excitement, stating, “This breakthrough collaboration will enable us to leverage Ancileo’s advanced technology and international insurer network to offer Asego’s innovative travel insurance products and services on a global scale.”

Olivier Michel, CEO, Ancileo, shared his enthusiasm, highlighting the mutual benefits of the collaboration, “This collaboration with Asego marks a significant milestone in Ancileo’s mission to empower travel assistance and insurance ecosystems with advanced technology solutions. By combining our strengths, we are poised to provide our partners with a flexible and battle-tested insurance solution in India and abroad.”

Why this partnership?

• It’s an amalgamation of Asego’s global assistance and travel insurance capabilities with Ancileo technological expertise to enhance market penetration in the rapidly growing global travel insurance segment.
• Provide Ancileo with a strong local partner in India, and enable Asego to expand its presence into the global market.
• Offer enhanced customer experience through streamlined processes, innovative products, and comprehensive support before, during and after their travel.

Ancileo is a software-as-a-service platform for the insurance ecosystem, offering end-to-end technology solutions for the management of travel insurance portfolios. Ancileo’s core capabilities include API solutions, white label, agent portal management, claims automation, and policy management, as well as localised payment solutions for travel insurance premium collection.