TravelPerk’s Insurance Plan Reimagines Refundability

What business traveler doesn't want the freedom to plan trips even when the business isn't certain? To choose the cheapest options regardless of restrictions? To cancel or change plans with no financial penalty? According to Spain-based startup TravelPerk, a new service announced this month allowing for all that is a corporate travel first. Intrigued travel management pros said number-crunching would help clients determine the fitness of such a program.

The online corporate travel agency's FlexiPerk option requires a fee equaling 10 percent of the value of trips booked through TravelPerk. Essentially insurance . . .

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Author: David Jonas

David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.

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