The travel insurance industry is undergoing a significant transformation, driven by the rapid adoption of advanced technologies and shifting consumer expectations. As global travel rebounds post-pandemic, the demand for seamless, personalized, and efficient travel insurance solutions has never been higher. Travelers now expect instant, tailored coverage that integrates effortlessly with their booking experience, while insurers and travel providers seek smarter ways to optimize underwriting processes, enhance data analysis, and uncover hidden opportunities in a competitive market.

In this dynamic environment, artificial intelligence (AI) has emerged as a game-changer, enabling companies to streamline operations, improve decision-making, and deliver superior customer experiences. AI-powered tools are revolutionizing how travel insurance is underwritten, sold, and managed, offering real-time insights, predictive analytics, and automation capabilities that were previously unimaginable.

Inbsys travel insurance AI tools

Inbsys International has announced the launch of two major AI-based innovations, J-TiBi AI and its DATA Room.

The rollout of these new solutions is designed to help the industry with the advanced use of AI to optimize underwriting and data analysis processes in the travel industry.

J-TiBi AI is an intelligent booking interface to transform the travel insurance underwriting experience on websites.

It uses advanced AI algorithms for a number of functionalities, including providing a universal framework for pre-configuring travel insurance content and analyzing travel context and traveller profile in real-time Integrate multi-vendor travel insurance management and automate policy issuance and integration into reservation systems

Implementation takes three days on an airline or online travel agency website, while the DATA Room is a data analysis tool for performance.

It harnesses the Big Data to deliver advanced business intelligence capabilities tailored to travel insurance for anonymous, real-time analysis of website insurance flows, use of algorithms to identify trends and opportunities hidden in the data, predictive models for accurate business projections, proactive identification of missed opportunities, and real-time monitoring of technical performance and anomaly detection, with real-time notifications in the event of problems.

“With J-TiBi AI and our DATA Room, we’re not just talking about ease of connection or saving time. We’re talking about completely redefining the travel insurance experience through artificial intelligence,” says Dario Cham, CEO of Inbsys.

Christophe Rencien, chief operating officer, added:

“Our AI analyses traveller and market data in depth to deliver customized solutions to airlines with unrivaled speed of implementation.”