Created in 2018, the start-up Yupwego first focused on individual travelers before turning to the travel agency market. Today, with a fundraising of 3 million euros planned for 2023, the company is now positioning itself on the BtoB market by offering tailor-made solutions for business travel. This article explores how Yupwego is adapting and revolutionizing travel insurance for businesses.
A tailor-made offer for businesses
The particularity of Yupwego lies in its ability to offer truly tailor-made travel insurance. Unlike standard offers offered by traditional insurers, Yupwego offers personalized contracts that specifically meet the needs of companies and their traveling employees.
Secure business travel
With the increase in international business travel, it has become crucial for companies to secure the travel of their employees. Yupwego meets this requirement by offering tailored coverage, including travel health insurance and trip interruption insurance. This gives businesses peace of mind while ensuring the safety of their employees.
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A flexible and collaborative solution
Yupwego stands out for its collaborative and flexible model. The start-up offers an online solution, thus facilitating the subscription and management of insurance contracts in just a few minutes. This innovative approach allows companies to save precious time while benefiting from optimal coverage for their business travel.
Doubling of the number of insured people
Since its launch, Yupwego has seen exponential growth. The start-up announces a monthly increase of 40% in the number of subscribers on its platform. This performance demonstrates the appeal and relevance of its online travel insurance model, which is attracting more and more companies and travelers.
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Adaptability to new realities
The COVID-19 pandemic has profoundly transformed the travel insurance industry. Yupwego was able to adapt quickly by integrating specific guarantees linked to the health context. This includes coverage for trip cancellations due to COVID-19 or overseas medical expenses. This responsiveness to unforeseen events constitutes a major asset for companies seeking security for their employees.
Fundraising to accelerate development
To continue its expansion and meet market expectations, Yupwego is preparing to raise funds of 3 million euros in 2023. This investment will allow the company to strengthen its technologies, expand its offers and conquer new markets. customer segments. This is a decisive step which will further consolidate its position in the BtoB sector.
In summary, Yupwego positions itself as a key player in travel insurance for businesses. Thanks to its tailor-made, flexible and collaborative solutions, the start-up manages to meet the requirements of modern societies, while guaranteeing the security of business travel. The fundraising expected in 2023 promises to further strengthen this dynamic and open up new growth prospects.
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