Stock Report

EaseMyTrip partners with Toffee for value added insurance products and extra protection for its customers



Posted On : 2022-02-22 14:20:27( TIMEZONE : IST )

EaseMyTrip partners with Toffee for value added insurance products and extra protection for its customers

EaseMyTrip, India's second-largest online travel platform has partnered with Toffee Insurance, one of the fastest-growing InsurTech companies, to provide innovative and tailored travel insurance solutions to its customers. As a part of this association, Toffee Insurance will manage all travel insurance products for added value and extra protection for EaseMyTrip's customers's flight bookings caused due to medical emergencies. The free of charge policy, eliminates the risk of losing booking charges as customer will get a complete refund including the money deducted by airlines.

Speaking on the alliance, Rikant Pittie, Co-Founder, EaseMyTrip said, "While travel is reviving at a strong rate, customers are still concerned about medical emergencies that can arise right before a travel plan. We are delighted to partner with Toffee Insurance while we continue to offer our first of its kind, free of charge, full refund medical policy that provides the additional travel flexibility required during such trying times for our customers. We believe that Toffee's proven track record of delivering great results will complement EaseMyTrip's exceptional efforts to offer value added services to its customers."

Speaking on the partnership, Rohan Kumar, Co-Founder and CEO of Toffee, said, "By joining hands with EaseMyTrip, India's second largest online travel platform, we are bringing not only one of the fastest but also the best-in-class insurance services to the Indian travellers. Additionally, our end-to-end digital integration with EaseMyTrip also enables the digitization of the entire insurance process. EaseMyTrip has been at the forefront of travel bookings and exceptional customer service, and we, at Toffee are delighted to partner with them to protect their customers' travel plans and provide them with an additional travel confidence during these unprecedented times."

To avail this service, a customer has to choose this policy while booking their ticket on EaseMyTrip's website and app. The policy can be claimed by uploading a doctor's prescription citing the medical illness.

Shares of Easy Trip Planners Limited was last trading in BSE at Rs. 564.20 as compared to the previous close of Rs. 569.35. The total number of shares traded during the day was 16219 in over 822 trades.

The stock hit an intraday high of Rs. 573.20 and intraday low of 548.55. The net turnover during the day was Rs. 9105801.00.

Source : Equity Bulls

Keywords

EasyTripPlanners INE07O001018 EASEMYTRIP ToffeeInsurance InsurTech