International Passenger Protection
- Company typePrivate
- Founded1990
- HeadquartersKent, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
International Passenger Protection firmographics
Firmographics- Name
- International Passenger Protection
- Legal name
- DUAL Corporate Risks Limited
- Website
- https://ipplondon.co.uk
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where International Passenger Protection is headquartered
LocationHeadquarters
- HQ city
- Kent
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
International Passenger Protection business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Premiums: IPP distributes insurance products co-manufactured with Liberty Mutual Insurance Europe SE. Revenue is generated through insurance premiums paid by tour operators, airlines, and travel companies for financial failure protection coverage.
- Reinsurance: Bespoke reinsurance offering helping travel insurers recover non-refundable costs when end suppliers or airlines suffer financial failure
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Tailored insurance policies based on client requirements |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
International Passenger Protection product offering
Product offeringCore offering
International Passenger Protection provides financial failure insurance products for the travel industry, covering tour operators, scheduled airlines, and end suppliers (hotels, ferries, trains, DMCs, car hire). Products are co-manufactured with Liberty Mutual Insurance Europe SE, distributed by IPP in the UK and Malta, and claims are administered independently by Sedgwick.
Product overview
International Passenger Protection (IPP) offers a comprehensive suite of travel insolvency protection insurance products. The portfolio consists of four core offerings: Tour Operators Financial Failure Insurance (TOFI), End Supplier Financial Failure Insurance (ESFI), Scheduled Airline Failure Insurance (SAFI), and Reinsurance. Together, these products provide complete financial failure protection for the travel industry, covering risks from scheduled airline failure to tour operator insolvency and the insolvency of other named end suppliers such as hotels, ferries, trains, and car hire companies. The products are co-manufactured with Liberty Mutual Insurance Europe SE and distributed through IPP's network, with claims administered by independent third-party Sedgwick.
Differentiator
Problem solved
Functional benefit
Brands
- TOFI (Tour Operators Financial Failure insurance): Tailored to meet the legal requirements of the package travel and linked travel arrangement regulations 2018.
- ESFI (End Supplier Financial Failure insurance)
- SAFI (Scheduled Airline Failure insurance)
Quantifiable outcome
- Claims processed fairly, promptly, and consistently by Sedgwick
Companies that use International Passenger Protection
Customer profileSegments4 records
Ideal customer profiles4 records
International Passenger Protection technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
International Passenger Protection partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- SedgwickcoreSedgwick is the independent third-party claims administrator that manages the claims process in the event of financial failure. As a global leader in claims administration and loss adjusting, Sedgwick brings extensive expertise and commitment to delivering reliable outcomes.
- Liberty Mutual Insurance Europe SE (LMIE)coreProducts are co-manufactured by Liberty Mutual Insurance Europe SE (LMIE) and International Passenger Protection (Malta) Ltd. LMIE provides the insurance cover while IPPM distributes the product.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
International Passenger Protection competitors and assessment
Company assessmentDirect peers
- Collinson Group: UK-headquartered specialist in travel insurance, assistance, and loyalty solutions. Directly comparable as a travel-focused insurance and protection provider with overlapping UK distribution and broker relationships.
- Miller Insurance Services: London-based specialty insurance broker with strong travel and aviation practice. Comparable as a specialty broker placing complex travel-related risks through carrier partners, similar distribution model to IPP.
Broad incumbents
- Allianz Travel: Global travel insurance arm of Allianz Partners, offering travel protection including cancellation and supplier default cover. Comparable as a broad incumbent offering overlapping travel insurance product categories, though not specialist in financial failure.
- AIG Travel: Travel insurance division of AIG providing trip cancellation, interruption, and supplier default protection. Comparable broad incumbent in travel insurance that overlaps with IPP on certain product features.
- Tokio Marine HCC: Specialty insurance group underwriting travel, accident, and contingency covers. Comparable as a specialty insurer with adjacent travel and financial lines underwriting capability similar to IPP's niche.
- Generali Global Assistance: Global travel insurance and assistance provider owned by Generali. Comparable broad incumbent offering travel protection products, including supplier-related coverage, distributed through brokers and partners.
- AXA Travel Insurance: Travel insurance arm of AXA offering trip protection, cancellation, and supplier default coverage in European markets. Comparable broad incumbent in travel insurance with UK and EU presence overlapping with IPP's geography.
Emerging players
- Battleface: Travel insurance MGA offering customizable travel protection products. Comparable as an emerging specialist in travel insurance distribution using broker and partner channels, similar in size and stage to IPP.
Regional players
- Cover-More Group: Australia-headquartered travel insurance provider serving APAC markets. Comparable as a regional travel insurance specialist with similar underwriting and broker distribution model, but geographically distinct from IPP.
- World Nomads: Travel insurance provider owned by Cover-More focused on adventure and backpacker segments. Comparable as a travel insurance specialist, though consumer-direct rather than B2B broker distribution like IPP.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
International Passenger Protection social profiles
Digital presenceInternational Passenger Protection financial estimates
Financial estimateRevenue estimate
Valuation estimate
International Passenger Protection leadership team
Management profileNumber of profiles
Profiles1 record
International Passenger Protection funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
International Passenger Protection M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about International Passenger Protection
What does International Passenger Protection do?
International Passenger Protection provides financial failure insurance products for the travel industry, covering tour operators, scheduled airlines, and end suppliers (hotels, ferries, trains, DMCs, car hire). Products are co-manufactured with Liberty Mutual Insurance Europe SE, distributed by IPP in the UK and Malta, and claims are administered independently by Sedgwick.
Is International Passenger Protection a public or private company?
International Passenger Protection is a private company. It is classified as corporate owned and is currently operating.
When was International Passenger Protection founded?
International Passenger Protection was founded in 1990. It employs 1 to 10 people.
Where is International Passenger Protection based?
International Passenger Protection is headquartered in Kent, United Kingdom, in the Europe region.
How does International Passenger Protection make money?
Two revenue lines are on record. Insurance Premiums are the primary driver. The others are reinsurance.
Who are International Passenger Protection's main competitors?
Direct peers on record are Collinson Group and Miller Insurance Services. Broad incumbents are Allianz Travel, AIG Travel, Tokio Marine HCC, Generali Global Assistance and AXA Travel Insurance. Battleface is listed as an emerging player. Regional players are Cover-More Group and World Nomads.
Does International Passenger Protection have an API?
No public API is recorded for International Passenger Protection.