Ayush Patodia, Associate Vice President at Avalon Consulting shared his thoughts on Inside the Travel Guarantee: View on Risk, Trust, and Micro- Insurance, which was published in The Economic Times.
He explained that travel guarantees are data-driven products using predictive analytics and behavioral insights to assess risk, price premiums, and pool losses effectively.
He emphasized that with low payout incidence and high user scale, several online travel platforms achieve favorable unit economics, making the model sustainable—not a gimmick.
Read more- https://lnkd.in/gAJPJfkx
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