Faye Travel Insurance
| Industry | Travel insurance |
|---|---|
| Founders | Elad Schaffer, Daniel Green |
| Headquarters | |
Key people | Elad Schaffer, CEO |
| Website | www |
| Footnotes / references [1] Daniel Green, CTO[2] | |
Faye is a fintech travel insurance company that is a digital provider of whole trip travel insurance.[3][4]
History[edit]
Faye was founded in 2019 by Elad Schaffer and Daniel Green.[5] According to Schaffer, the idea was developed during the COVID-19 pandemic which also made travel insurance more prominent.[6] It has raised a total of $18 million in funding as of March 2023.[7]
Products[edit]
Faye provides insurance, including 24/7 assistance (and financial assistance) for travelers.[8][9] It offers whole trip coverage that includes flight delays and cancellations, medical emergencies, and late hotel arrivals.[10]
References[edit]
- ^ Butcher, Mike (11 May 2022). "Faye hopes to do for travel insurance what Lemonade did for general insurance". Tech Crunch.
- ^ Lee, Daniel (17 April 2023). "The Details Behind Daniel Green's Quest for British Airways' 'Gold for Life' Status". International Business Times.
- ^ Tretina, Kat (31 March 2023). "Best Travel Insurance Companies". The Wall Street Journal. Retrieved 23 January 2024.
- ^ "Travel Insurance Startup Faye To Change The Industry With Help From Omri Casspi". Jewish Business News. 13 May 2022.
- ^ Hennessey, Zachy (13 May 2023). "Travel insurance start-up Faye raises $8m., boasts veteran team". The Jerusalem Post.
- ^ Langfield, Mandy (2 March 2023). "Interview: Elad Schaffer of Faye Travel Insurance". ITIJ.
- ^ "Travel Insurtech Faye Raises $10M in Series A Funding". Insurance Journal. 23 May 2023.
- ^ Leichman, Abigail (23 August 2023). "Why Israel is disrupting the US insurance industry". Israel21c. Retrieved 23 January 2024.
- ^ Stojan, Jon (14 December 2023). "Meet Faye: The startup marrying fintech and traveltech". Venture Beat. Retrieved 23 January 2024.
- ^ Rau, Digivjaya. "Faye Travel Insurance". Money.