Omio prioritizes traveler flexibility and freedom with Omio Flex in partnership with leading insurtech partner Companjon

• Global transportation platform Omio expands Omio Flex, a flexible cancellation policy that allows travelers to cancel for any reason – no questions asked and no paperwork required
• Omio Flex is available for train, bus and ferry ticket holders
• Customers can get up to 80% of the ticket price back if cancellation is necessary
• The expansion is possible through Omio's partnership with the Insurtech Companjon

BERLIN And DUBLIN, 27 August 2024 /PRNewswire/ — Omio, the world's leading platform for booking trains, planes, buses and ferries, today announces the expansion of Omio Flex to include the ability to cancel tickets. Omio Flex now offers train, bus and ferry ticket holders the ability to cancel their journeys for any reason up to two hours before departure. In the event of cancellation, the customer will receive a refund of up to 80% of the fare paid.

Omio customers can use Omio Flex by selecting the fare at check-out or by adding it to their booking on the Ticket Configurations page. If they later decide not to travel, they can go to the Manage Booking page and cancel the ticket. The compensation will be paid by Omio directly to the customer.

The expansion of Omio Flex is possible through Omio's partnership with leading insurtech company Companjon, which acts as risk carrier, insurer and policy manager for the Cancel for Any Reason solution, integrating its advanced technology into Omio's booking platform and ensuring a seamless customer experience for Omio users.

Omio, President B2C Europe, Veronica Diquattrosaid: “Our goal at Omio is to provide seamless, convenient and multimodal travel experiences to people worldwide. Our collaboration with Campanjon is a great success as we focus on providing unmatched flexibility and convenience to our customers. Looking ahead, we plan to work closely with Companjon to enhance Omio Flex by leveraging their advanced technology and valuable data insights to meet the evolving needs of our users.”

CEO of Companjon, Matthias Naumann, said: “We are delighted to be Omio's trusted partner and to enhance the customer experience internationally by enabling full flexibility with our unmatched 'Cancel for Any Reason' solution. Omio Flex meets customer expectations and raises the standard of overall transport services. We commend Omio for its customer focus and look forward to our continued collaboration on Omio Flex, including personalising travel protection for every Omio user around the world.”

Founded in 2020, Companjon aims to change the way people think about insurance. The company has experienced rapid growth over the past year, launching a variety of modernized and parametric insurtech solutions with globally recognized brands in events and entertainment, mobility, e-commerce and fintech. Its unparalleled solution design leverages the latest technologies such as machine learning and artificial intelligence to serve its business partners’ customers in 32 countries in Europe And North America.

About Omio

Since its founding in 2013, Omio Group has been helping its customers discover new travel opportunities. Thanks to its two interconnected platforms Omio and Rome2Rio, Omio is the world's leading travel platform for searching, comparing and booking. The Omio B2B partnership serves OTA's and mobility providers with tailor-made business solutions. Omio supports its customers in their desire to Europe, the United StatesAnd Canada by train, bus, plane and ferry. Omio works with over 1,000 transport providers; customers can book in 21 languages ​​and pay in 26 foreign currencies. Over the last decade, the Omio Group has sold more than 40 million tickets. The Omio Group employs over 400 people from more than 50 countries and has offices in Berlin, Prague, MelbourneAnd LondonThe Omio Group offers its customers trips that move them.

omio.com

About Companjon

Companjon is a leading B2B2C insurtech startup specializing in fully digital, AI-driven embedded insurance. Its modern end-to-end insurance solutions enable companies to delight their customers and drive more business value through stronger brand loyalty and new ancillary revenue opportunities. Companjon designs, builds and underwrites its dynamically priced solutions on a 100% cloud-based platform that can issue 32,000 policies per second, easily integrates API gateways, and leverages the latest cutting-edge technology. It has been recognized as one of the world's leading insurtech companies 2024 by CNBC and one of the world's most innovative insurtechs by FinTech Global for three years in a row (2021-2023).

Companjon wants to change people's attitudes towards insurance by creating seamless and positive experiences when things don't go as planned: We are right there when life happens. The company is registered in Ireland and regulated by the Central Bank of Ireland.

www.companjon.com

Media contact: Amadeus Thüner[email protected], +49 (0)176 3232479

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