10 January 2022
PassportCard explodes into digital nomad market with launch of personalised insurance solution
Global travel and international health insurance leader, PassportCard has launched a cutting-edge new service designed purely for digital nomads and remote workers.
An innovator at its core, PassportCard has transformed a once static insurance market into a dynamic, digital-friendly space by equipping users with one simple and 100% tailored tool. The PassportCard red credit card. In the event that a nomad or remote worker requires a doctor, or has an emergency, a dedicated app simply “tops up” the card in real time, providing location agnostic and comprehensive protection for its customers.
With remote working now at an all-time high, PassportCard made the strategic decision to bring its little red card to the growing digital nomad community. Requiring no paperwork or red tape, the businesses’ insurance provides a highly bespoke and flexible plan, no matter where customers live or what stage in their adventures they are at.
Digital nomads now form a significant part of the global economy, currently contributing a total of 35 million people. Accelerated through a blend of enhanced technology, better connectivity and the impact of the COVID-19 pandemic, this remote working trend has allowed a new generation of workers to learn new skills, build their contact base and deliver the same service level while travelling the world. The upshot? A fast-growing community of professionals who offer real opportunities for fiscal growth.
This community is driven by lifestyle, freedom, geo-arbitrage and flexibility which often makes medical treatment and the relevant insurance a challenge. As a result, they require a digital, instant solution that is accessible from wherever they are. With a network of 2 million members spanning 150 countries, including Germany, Australia, Israel and Cyprus, PassportCard Nomads offers an established in-house customer service that includes assistance across the likes of emergency care, healthcare and repatriations.
Leor Catalan, Managing Director of Corporate Ventures at PassportCard said:
“Now is a really important time for PassportCard, as we enhance our offering and respond to demand during this ongoing, challenging time for the world. Our end-to-end, digitally driven new product is a creation of diligent marketplace analysis and our commitment to putting customers and their needs first.
“Now, for the very first time, there is a serious insurance option for the digital nomad community that is both hassle and surprise free. Our mission is to be the ultimate travel companion for customers, providing much needed peace of mind, every step of the way. Our dedicated app and trusty red card frees them up to focus on the things that really matter – living life to the fullest.
“We look forward to becoming a reliable problem solver for nomads and remote workers whilst delivering our relentless commitment to purpose, passion and people.”
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Notes to editors:
PassportCard Nomads is a revolutionary insurance solution designed for remote workers and digital nomads. Purpose, human relevance and a commitment to the extraordinary form the foundations of our DNA. And through a unique blend of superior service, leadership and innovation, we are transforming the travel and health insurance industry. How? By offering global, flexible coverage for remote workers without borders.
And when we say global, we mean it…
With a network spanning over 150 countries and with dedicated teams in Germany, Australia, Cyprus and Israel, we offer a fuss free, digital service with that all important personal touch.
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