Flight Assured is a direct-to-consumer insurance service that offers automatic, fixed-sum compensation to travelers whose flights are delayed or canceled. The service is built on a parametric (or 'event-based') model, meaning that compensation is triggered automatically by a verified flight delay event, eliminating the need for customers to file a traditional claim. The brand is operated by Setoo Processing Limited, an entity authorized by the Malta Financial Services Authority (MFSA) to act as an enrolled insurance intermediary under the Insurance Distribution Act.

Founded in

China