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Allianz goes Galactic

  • by The Quotesonline Team

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Global Insurance company Allianz have teamed up with the International Space Transport Association (ISTA) to bring a travel insurance product for future space travellers.

Allianz Global Assistance who also operate as Mondial Assistance in some countries, have formed a unique partnership with the ISTA in anticipation of a whole new sector which is being called the “Space Economy”.

The emerging Space Economy is expected to bring business in areas including spaceflight and travel, space training, space cargo, space hotels and many other activities.

The two futuristic thinking companies are working on space travel and insurance assistance products with an aim to meet an entire new set of needs in an exciting and unknown industry. The Director of Global accounts, Erick Morazin says the company is excited about entering into a new market and providing a new service stating “Space is decidedly our new frontier and we are now ready to take this giant leap forward to ensure peace of mind and well being of all our future space travelling customers”.

Allianz in conjunction with ISTA are committed to providing travellers with support before, during and after their space flight. Insurance is currently being developed to be available to space tourists, space scientists, and space liners.

Virgin Galactic have announce the first commercial space flight will take place in October 2012 and Allianz have made it their own mission to ensure eager travellers will enjoy a comfortable and secure galactic experience!

Krystal Ayoub 

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