Munich Re has partnered with start-up Munich Re Travel, which uses AI and machine learning to allow travellers to alter their plans without risking their entire booking by providing a marketplace for reselling and booking non-refundable hotel rooms. The reinsurer will provide Munich Re with coverage for large payouts from unexpected events, such as natural catastrophes.
Munich Re has partnered with start-up Roomer Travel, which uses AI and machine learning to allow travellers to alter their plans without risking their entire booking by providing a marketplace for reselling and booking non-refundable hotel rooms. The reinsurer will provide Roomer with coverage for large payouts from unexpected events, such as natural catastrophes.