The new partnership was formally made after the signing of the Memorandum of Agreement between Winsely Bangit, GCash’s VP, Head of New Businesses Group, and Abhishek Bhatia, Founder and Chief Executive Officer of the Oona Insurance group held last April 24, 2024 at Seda Hotel in BGC, Taguig City.
The Smart Flight Delay Insurance offers travelers the convenience of access to airport lounges if their flight is delayed for at least 60 minutes. Procuring this insurance coverage is hassle-free, as passengers can secure it at least two hours before their scheduled flights with just a few taps on the GCash app. This innovative product aims to alleviate the discomfort experienced by Filipino travelers due to flight delays, enhancing their overall travel experience with convenience and peace of mind.
Winsley Bangit, VP of GCash’s New Businesses Group, expressed the timeliness of the partnership, particularly as the summer season commences. He anticipates that many GCash users will embark on various journeys, highlighting the significance of having insurance coverage for a common pain point during trips—the dreaded flight delay.
As the Philippines' leading e-wallet with over 81 million users and its recent achievement as the country's only double unicorn, GCash, in collaboration with Oona Insurance, stands at the forefront of customer-centric innovations. This collaboration introduces game-changing products like Smart Flight Delay Insurance, making insurance protection easily accessible to millions of Filipino travelers while ensuring a seamless user experience.
Abhishek Bhatia, Founder and CEO of Oona Insurance group, praised GCash as an indispensable brand in every Filipino's daily life, simplifying financial services with security and efficiency.
He expressed delight in bringing their innovative travel insurance product to GCash, enabling more Filipinos to travel worry-free as they explore the world. Bhatia hinted at future innovative products, promising a series of groundbreaking offerings soon.
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