Pattern Insurance to Headline Innovator Summit at 2021 Phocuswright Conference

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…Pattern enables booking sites to reassure consumers by providing them with real-time relevant protections that address their specific concerns.

Pattern Insurance, leading global InsurTech, announced today its upcoming participation at the 2021 Phocuswright Conference. Noam Shapira, Pattern Insurance Co-founder, will headline the Innovator Summit & Launch series at the event.

Shapira shares the stage with innovators whose technology impacts the Travel Industry. He is no stranger to the limelight having scooped two previous Phocuswright Awards with Setoo. Shapira will showcase how Pattern’s Platform aims to empower companies to offer relevant, real-time insurance for different travel itineraries and experiences.

Still in the shadow of Covid, the industry is focused on building up consumer confidence to speed up recovery. With renewed enthusiasm, today’s travellers are broadening their horizons and looking for much more than a sunbed. Now, more than ever, each trip has different risks, and insurance protection needs to flex to meet the ever changing need.

“As we know, the pandemic has impacted consumer behavior more than ever before. Covid has amplified travel concerns. Among the biggest concerns are last-minute cancellations due multiple reasons like quarantine, medical coverage for sickness or injury during travel, delays due to staffing or weather – these are just a few.” said Shapira. “Pattern enables booking sites to reassure consumers by providing them with real-time relevant protections that address their specific concerns.”

With travel anxieties remaining high, embedded insurance options are a good way to help boost consumer confidence with online purchases. Pattern Insurance aims to help travel businesses to offer their customers peace of mind with relevant insurance solutions.

The Phocuswright Conference is a three-day conference in Fort Lauderdale, Florida that provides thought leaders a platform to share ideas and innovations with others in the travel & leisure industry. For more than 25 years, the travel industry’s most influential trailblazers have participated in the conference which allows attendees to gain a wealth of knowledge from some of the most successful names in the industry. The conference consists of cutting-edge content, expert workshops, industry influencer panels and exclusive keynotes.

Meitav Harpaz, Shapira’s partner and Co-Founder of Pattern Insurance says, “The needs of travelers and businesses in the travel space have drastically changed as travel experiences broaden and online transactions continue to accelerate.”

Harpaz adds, “We believe that offering seamless access to personalized insurance that is coupled with the core product, experience or service sold, is key to increasing consumer confidence and transaction numbers globally.”

Pattern’s embedded insurance creates endless opportunities for online and offline operators to transact in real-time seamlessly and effortlessly with complete alignment across multiple geographies. Coverages produced by Pattern include both parametric and traditional insurance products. The claimless and automated parametric policies are seamlessly offered by businesses to their customers in full compliance with local regulations. Pattern allows companies to protect travellers from unexpected changes to plans, inclement weather, cancelations, delays and more.

Phocuswright Conference will take place November 15-17. Noam Shapira will be part of the Innovator Summit & Launch series scheduled for Monday, November 15, starting at 1:30 p.m. EST. Details on the conference are found online at http://www.phocuswrightconference.com.

About Pattern
Pattern is a global InsurTech MGA that empowers online travel, recreation and events companies to design, build and distribute innovative insurance offerings seamlessly in their customer journey. Pattern protections address risks associated with change of plans, travel disruption, inclement weather and medical assistance amongst others, to build consumer confidence and boost revenues. To Learn more, visit http://www.patterninsurance.com

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