Airline Warranty Partners (AWP)
Airline Warranty Partners (AWP) – is a B2B2C opportunity that provides a software solution that automates travel insurance claims for airline travel delays. The AWP platform monitors customers travel arrangements in realtime, automatically assesses custom eligibility triggers, and awards a payment instantly, thereby removing the need for lengthy claims management evaluation.AWP are currently designing/pricing a product for 22 airlines representing ~590 million annual passengers and have high level conversations with ~71 other airlines representing ~1.7 billion annual passengers. In addition, AWP are in discussions with two transaction card providers representing ~1 billion cards in use. Three insurers are already on board to provide the underwriting capacity, including Munich Re, Global Benefits Group and a third AM Best A-rated multinational insurer.