Berkshire Hathaway Travel Protection Launches for Advisors

Berkshire Hathaway Travel Protection (BHTP) is officially an option for travel advisors.

BHTP today opened its full suite of travel insurance plans directly to travel advisors, a long time coming for the insurance giant. The company had previously spent more than a decade operating largely through underwriting policies via third-party partnerships. Now, starting today, advisors can directly purchase BHTP insurance and use its new point-of-sale technology.

“Travel advisors are at the heart of the travel insurance experience, and BHTP is excited to bring ease and simplicity to their travel insurance offering,” said Dean Sivley, president of BHTP. “As we expand into this channel, we are committed to making travel insurance a light lift, with a big return, for our valued partners.”

Sivley teased the launch to TMR last May, telling TMR that the goal was to showcase its belief in the travel advisor channel. Sivley also said that one of the company’s biggest differentiators is its fixed benefits offering, also known as “inconvenience payments.” These benefits allow travelers to receive automatic compensation for disruptions like flight delays, or baggage issues, without needing to submit receipts or go through the typical claims process.

The rollout includes things that BHTP believes will make an advisor’s life easier, including real-time online policy modifications, automatic quote follow-ups through email to help advisors close their sale, and fast claims payments.

Aside from its travel products, BHTP also offers Errors & Omissions (E&O) Insurance for travel advisors.