RICHMOND, VA, FEBRUARY 6, 2018 — Pablow, Inc. (Pablow), an innovative insurtech startup focused on improving access to and utilization of car rental and travel insurance globally, is pleased to announce the immediate availability of Allianz Global Assistance Car Rental Damage Protector on their P’teet website.
Prior to the launch of the United States-based P’teet website, Pablow’s founders established the leading car rental comparison website and leading car rental insurance site with the same business model in Australia and New Zealand. In reference to their partnership with Allianz Worldwide Partners in Australia, it was noted by Jaye Vega, Partner Solutions Account Manager at Allianz Worldwide Partners, Australia, “They are a dynamic and innovative force in the online travel insurance space. Taking on uncharted waters with a new product, sold in a new way, has been a challenging undertaking, but one that they have taken on with determination.”
The United States car rental insurance market that Pablow is entering is huge, with about 110 million reservations made by 70 million customers each year spending about $28 billion according to 2016 market data. At just $9 a day or $125 for an annual policy covering up to 45 days per rental, Pteet.com allows renters to compare daily and annual rental car damage insurance products, which gives travelers an affordable and reliable alternative to products offered by large car rental companies. P’teet will offer renters a comparison of Allianz Global Assistance’s daily and annual Rental Car Damage Protector* plans side by side to help consumers choose the best option for their needs.
“Rental Car Damage Protector from Allianz Global Assistance offers consumers both great coverage and service,” said Daniel Durazo, Director of Communications at Allianz Global Assistance USA. “We’re proud to partner with Pablow to offer our outstanding rental car insurance products to consumers.”
“Millions of renters each year pay more than they have to at the rental car pickup counter.” said Steve Sherlock, Co-Founder of Pablow. “We are able to offer primary insurance covering up to $45,000 in damage, starting at just $9 a day. Additionally, the policy carries a $0 deductible, meaning the renter doesn’t have to claim on their auto insurance policy, pay a hefty deductible, or risk potential premium hikes.”
If consumers are interested in purchasing car rental insurance, but want to avoid the high cost at the rental counter, they should visit www.pteet.com - “small price, big coverage.” Demand among travel distributors for the convenient policy comparison website has been higher than expected in the pre-launch phase. So, at this stage Pablow is only partnering with a few travel distributors to create a branded white label website similar to Pteet.com.
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About Pablow, Inc. (Pablow)
Pablow Inc. (Pablow) is an innovative insurtech startup and a 2015 Global Insurance Accelerator graduate focused on improving access to and utilization of short-duration insurance product in the vacation rental, car rental and travel insurance categories globally. As a licensed agent in all 50 US states and DC, Pablow works with leading travel insurance companies, including Allianz Global Assistance, IMG, AIG Travel Guard, Arch Insurance and Seven Corners. Pablow has developed a unique multi-modal offering to cover various modes of transport, accommodation and activities while making the benefits of travel related insurances much more accessible for non-insurance agent distributors. For more details please visit www.pablow.com or contact Co-Founder & CEO Steve Sherlock.
About Allianz Global Assistance USA
Allianz Global Assistance USA (AGA Service Company) is a leading consumer specialty insurance and assistance company. We provide insurance to 3525 million customers annually and are best known for our Allianz Travel Insurance plans. In addition to travel insurance, Allianz Global Assistance USA offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for property and casualty insurers and credit card companies.
*Terms, conditions, and exclusions apply to all plans. Coverage is not available in all countries or for all cars and does not provide liability insurance. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. For a complete description of the coverage and benefit limits offered under your plan, carefully review your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A-" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101-C series or 101-P series, or Nationwide Mutual Insurance Company and Affiliated Companies (One Nationwide Plaza, Columbus, OH 43215-2200), under Form Nos. SRTC 2000 and NSHTC 2500, each rated “A+” (Superior) by A.M. Best Co., depending on state of residence. Allianz Travel Insurance and Allianz Global Assistance are marks of AGA Service Company or its affiliates. AGA Service Company is the licensed producer and administrator of these plans and an affiliate of Jefferson Insurance Company. The insured shall not receive any special benefit or advantage due to the affiliation between AGA Service Company and Jefferson Insurance Company. Non-insurance benefits/products are provided and serviced by AGA Service Company.