Companjon set to offer Visa’s issuing clients in Europe the opportunity to purchase protection from poor weather

Companjon, a leading insurtech start-up specializing in end-to-end, dynamic embedded insurance solutions, is set to offer the issuing clients of Visa, a world leader in digital payments, the opportunity to provide their customers with purchase protection from inclement or inconvenient weather, such as extreme temperature or heavy rain. The specific details of Weather Protection coverage, ranging from outdoor activities to hotel bookings, can be tailored to the unique needs of the financial institution’s customers in the majority of markets across Europe. Companjon will serve as the technology provider, underwriter, and risk carrier for the solution.

Source: Globe Newswire

Companjon CEO, Matthias Naumann, said: “We are excited to offer Visa issuing clients the opportunity to be ‘right there when life happens’ for their customers, by protecting their purchases in new ways. Our Weather Protection solution is one of many examples of how we are changing the way people think about insurance with modern solutions that are simple, seamless, and satisfying. We look forward offering this to Visa clients in the coming weeks.”

Jakub Grzechnik, Head of Product, Central Europe, at Visa, added: “At Visa, we are always looking for new ways to innovate and enhance the travel and payment experiences. We’re thrilled to connect our clients to Companjon to offer purchase protection for poor weather and provide consumers on the move with a solution that reduces the frustration that comes with a cancelled event. This is another example of how we are helping our clients in the travel ecosystem improve digital experiences across the customer lifecycle.”

Read the full article: https://www.globenewswire.com/news-release/2025/01/06/3004613/0/en/Companjon-set-to-offer-Visa-s-issuing-clients-in-Europe-the-opportunity-to-purchase-protection-from-poor-weather.html?f=22&fvtc=7

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