About
PassportCard offers a real-time travel insurance solution with no out-of-pocket expenses, paperwork, or long claim processes. Its solution facilitates claims payouts in real time. Using itsbig data and predictive analytics technologies and global payment platform, the company's award-winning solution provides an opportunity for insurers and assistance companies. PassportCard currently operates in Germany and Canada (in collaboration with Allianz) and Israel. It is also expanding into the United Kingdom, Scandinavia, and other markets. PassportCard is a joint venture between White Mountains Insurance group and DavidShield. The company franchises its solutions to major travel insurance and medical assistance companies worldwide.
Company Intelligence Q&A
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- What is PassportCard's core offering?
- PassportCard provides a real-time travel insurance solution that eliminates out-of-pocket expenses, paperwork, and lengthy claim processes by facilitating real-time claims payouts.
- When was PassportCard founded?
- PassportCard was founded in November 2011.
- What is PassportCard's ownership structure?
- PassportCard is a joint venture between White Mountains Insurance group and DavidShield.
- In which countries does PassportCard currently operate?
- PassportCard currently operates in Germany, Canada (in collaboration with Allianz), and Israel. It is also expanding into the United Kingdom, Scandinavia, and other markets.
- What was a significant partnership for PassportCard in May 2016?
- In May 2016, Allianz Global Assistance and PassportCard announced a partnership to launch an innovative program aimed at revolutionizing the travel insurance experience.
- What was a key development for DavidShield, a PassportCard joint venture partner, in January 2020?
- In January 2020, the Israeli regulator granted DavidShield a full insurance company license.
- What is PassportCard's employee count?
- PassportCard has 72 employees.
- What is one of PassportCard's key products for international travelers?
- PassportCard offers 'PassportCard Pocket', a mobile application available on iOS and Android, which supports its real-time payment system for medical expenses abroad.
- What is PassportCard's primary business model?
- PassportCard utilizes both B2B2C and B2C business models.