Draft:Faye Travel Insurance

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  • Comment: The entire "products" section is written like something from the company website. Think of what encyclopedia readers would want to read if looking for information about the company. CNMall41 (talk) 06:21, 26 April 2024 (UTC)

Faye
IndustryTravel insurance
FoundersElad Schaffer, Daniel Green
Headquarters
Key people
Elad Schaffer, CEO[1]
Daniel Green, CTO[2]
Websitewww.withfaye.com

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] Additional coverage includes pet care, vacation rental damage protection, and non-medical emergency evacuation.[11] All transactions, including purchases, filing claims and reimbursements are done digitally.[12][13]

References[edit]

  1. ^ Butcher, Mike (11 May 2022). "Faye hopes to do for travel insurance what Lemonade did for general insurance". Tech Crunch.
  2. ^ Lee, Daniel (17 April 2023). "The Details Behind Daniel Green's Quest for British Airways' 'Gold for Life' Status". International Business Times.
  3. ^ Tretina, Kat (31 March 2023). "Best Travel Insurance Companies". The Wall Street Journal. Retrieved 23 January 2024.
  4. ^ "Travel Insurance Startup Faye To Change The Industry With Help From Omri Casspi". Jewish Business News. 13 May 2022.
  5. ^ Hennessey, Zachy (13 May 2023). "Travel insurance start-up Faye raises $8m., boasts veteran team". The Jerusalem Post.
  6. ^ Langfield, Mandy (2 March 2023). "Interview: Elad Schaffer of Faye Travel Insurance". ITIJ.
  7. ^ "Travel Insurtech Faye Raises $10M in Series A Funding". Insurance Journal. 23 May 2023.
  8. ^ Leichman, Abigail (23 August 2023). "Why Israel is disrupting the US insurance industry". Israel21c. Retrieved 23 January 2024.
  9. ^ Stojan, Jon (14 December 2023). "Meet Faye: The startup marrying fintech and traveltech". Venture Beat. Retrieved 23 January 2024.
  10. ^ Rau, Digivjaya. "Faye Travel Insurance". Money.
  11. ^ Tretina, Kat. "Best Travel Insurance Companies". Wall Street Journal.
  12. ^ Mastroeni, Tara. "Faye Travel Insurance Review 2023". Business Insider.
  13. ^ Kilroy, Ashley. "Faye Travel Insurance Review 2024". Forbes.

External links[edit]