Insurwiz Technology
Embedded travel insurance solutions for airlines, OTAs, and insurers
Overview
Insurwiz Technology is an embedded insurance platform for the travel industry, serving airlines, online travel agencies (OTAs), insurance companies, banks, and fintech companies. The company specializes in travel insurance products addressing flight disruptions and cancellations, enabling distribution partners to offer insurance as part of their existing customer experience.
The platform combines automated claims processing, customizable coverage options, and a software and insurance infrastructure stack delivered via API integration. Partners can deploy flight disruption coverage, ski lift insurance, and custom parametric products without building underwriting or claims infrastructure themselves. Insurwiz provides global insurer partnerships that back the coverage, with an emphasis on transparent, data-driven products that support conversion and retention.
Founded in Budapest in 2018, Insurwiz is seed-funded with Solus Capital as lead investor and has an association with Collinson Group. The company is early-stage with a small team and participates in the Insurtech Insights conference circuit.
Products & Services
Flight Disruption Insurance
Coverage for flight delays and cancellations with automated claims processing and prompt payouts. Designed for airlines and travel agencies seeking to improve customer experience around common travel disruptions.
Key Features
- Automated claims processing triggered by flight data
- Prompt payout on covered events
- Easy API integration for travel platforms
Target Users: Airlines, online travel agencies
Ski Lift Insurance
Coverage for ski-related disruptions extending product portfolios for winter sports operators and travel platforms.
Key Features
- Coverage for ski lift closures and ski-related incidents
- Customizable for winter sports operators
- API integration with travel booking platforms
Target Users: Winter sports operators, travel agencies
Custom Insurance Solutions
Tailored insurance products designed for specific customer requirements and industry needs, supporting fully customizable coverage options.
Key Features
- Configurable coverage parameters
- Integration with existing partner systems
- Parametric triggers for automated settlements
Target Users: Insurance companies, banks, fintech companies
Insurance Packages
Bundled insurance offerings combining multiple coverage types for comprehensive travel protection.
Key Features
- Multi-product bundles
- Complete software and insurance infrastructure
- Global insurer partnerships for coverage backing
Target Users: Airlines, OTAs, insurance companies
At a Glance
- Founded
- 2018
- Headquarters
- Budapest, Hungary
- Employees
- 1-10
- Funding
- Seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Embedded Insurance Specialty Solutions Parametric Insurance
- Insurance Verticals
- Specialty/E&S
- Target Customers
- Carriers, Brokers, Agents/Agencies
Customers
- Airlines
- Online Travel Agencies (OTAs)
- Insurance companies
- Banks and fintech companies
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Last updated: 2026-05-17