Berkshire Hathaway Specialty Insurance recently introduced a new travel insurance product that is specially designed to appeal to millennial consumers. Because millennials are used to on-demand services, this company created an insurance plan that leverages technology to provide faster service.
The 'ExactCare' plan is a new travel insurance product from Berkshire Hathaway Travel Protection. Unlike other insurance plans, this specific package uses technology to bring efficiency and simplicity to millennials travelers. This means that consumers can text, tweet, call or email to connect with customer service representatives about any of their travel needs. Customers can also use their smartphone for express deposits and paying claims. All of these features are intended to appeal to millennial travelers who are used to using their smartphone to access the services they need.
The ExactCare plan from Berkshire Hathaway Travel Protection demonstrates how insurance companies can tailor their products to meet the tech-oriented needs of millennial travelers.