WEX Signs Definitive Agreement to Acquire eNett and Optal

Odessa American | January 24, 2020

WEX , a leading financial technology service provider, today announced that it has entered into a definitive agreement to purchase eNett, a leading provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, for a total consideration of approximately $1.7 billion, including approximately $1.275 billion in cash and approximately 2 million shares of WEX common stock paid to the sellers. WEX is acquiring eNett from Travelport and its owners, affiliates of Siris Capital Group, LLC and Elliot Management Corporation's private equity affiliate, Evergreen Coast Capital Corp. WEX is acquiring Optal from private shareholders. The two companies, which are already highly integrated companies, will be fully integrated under WEX’s ownership.

Spotlight

Surfing isn't the only activity you can do in La Union. It is a coastal town perfect for weekend warriors and travellers who clamor for some relaxation from their busy. It’s just 6 hours from Manila, and has become a major surfing spot in the country. You can go around the province, visit the different beaches, or drop by the Santorini of the North at Thunderbird Resort and Casino.

Spotlight

Surfing isn't the only activity you can do in La Union. It is a coastal town perfect for weekend warriors and travellers who clamor for some relaxation from their busy. It’s just 6 hours from Manila, and has become a major surfing spot in the country. You can go around the province, visit the different beaches, or drop by the Santorini of the North at Thunderbird Resort and Casino.

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INDUSTRY OUTLOOK

Omicron and Travel: Travelner Advises How to Find the Best Online Travel Insurance

Travelner | February 10, 2022

The pandemic in general, and the outbreak of Omicron recently, have created a much broader awareness of travel insurance. “What happens if I get Covid during travel?” is for sure the most frequently asked question by travelers worldwide. The answer is in fact, very simple: “Insurance".Many travel insurance companies are now offering travel insurance packages that include the medical coverages of Covid-19. But would it benefit travelers in light of the new Omicron variant or any variant that may potentially appear? And how to find the best online travel insurance amongst so many options out there? Follow these top tips recommended by Travelner experts - a top-class travel agency - to get travel insurance online that can fully protect you and your loved ones when traveling abroad. Find a credible provider to get travel insurance online It is indisputably essential to check your insurance provider’s credibility before processing any further transaction since it will directly affect your benefits. “The best way to thoroughly examine your insurance provider is by looking at their state licensing, claims process, and complaints. And don’t be afraid to ask the provider about how they handle claims and how they arrive at a claim award ", said Tyler Wong of Travelner. These questions will help you choose which insurance company can support you to get travel insurance online and assist you in the event of an emergency. Don’t forget to check your provider’s terms and conditions to make sure that the procedure is transparent and trustworthy. An insurance company’s financial strength is a valid proof of its ability to secure your benefits in case of any incidents. Travelner is proud to be a strategic partner with Trawick Insurance - recommended by Forbes as one of the best online travel insurance companies so that we can ensure travelers can fully experience their holidays when traveling with us. Compare plans, prices, and benefits of cheap online travel insurance packages Although most travel insurance packages do include Covid-19 medical expenses, some of them might not. Therefore, Travelner experts suggest travelers should read the policies carefully and look out for those that exclude pandemics. Travelner is currently providing a travel insurance package that covers medical expenses for COVID-19, SARS-CoV-2, and any mutation or variation of SARS-CoV-2. Most travel insurance plans with medical benefits now treat Covid like any other illness. So when comparing prices to find the best online travel insurance, make sure that you are considering packages with the same plans and benefits. Keep in mind that cheap online travel insurance doesn’t mean it is the best option for your trip abroad. Moreover, note that to make a claim, you must have had travel insurance before becoming ill since insurance is designed for unforeseen issues. Check on the claims process of the travel insurance provider People often overlook the importance of claims process transparency, while in fact, it is one of the determining factors to distinguish between an ordinary and the best online travel insurance company. An ideal claims process should be transparent and fully guided so that you should know who and how to contact to make an insurance claim. With Travelner’s insurance, travelers can rest assured that the claim procedure is clearly instructed and all claim forms can be found easily on the Travelner website. No more tedious process to get your family and yourself fully protected from the pandemic when traveling abroad with our insurance package.

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TRAVEL TECHNOLOGY

Sekr Launched SekrHubs, an In-app Community Forum

sekr | March 21, 2022

Sekr announced the launch of SekrHubs, a new in-app community forum changing how users can interact with one another. Sekr is the mobile platform simplifying the outdoor travel planning experience. SekrHubs enables app members to exchange knowledge and experiences, get information about campgrounds, travel gear, and more, and interact with other app members who share their interests via SubHubs, customized channels inside SekrHubs. Each SubHub channel within SekrHubs is dedicated to a topic or experience and allows members to connect with others who share similar interests and experiences. SubHubs can have thousands of participants, allowing members to connect with new people, share expertise, and seek help, all while having the opportunity to add and tag other members directly in the group. Sekr's purpose is to simplify social interactions and collaborations in the outdoors to respect individuals' social habits and preferences. The new chat function was created with the community in mind to make knowledge exchange more effortless and more accessible than ever. In addition, the firm built SekrHubs as a centralized location for conversations and message boards to streamline and extend communication. To ensure member safety and privacy, Sekr has assigned Community Leaders to each SubHub. These Community Leaders will act as official Sekr moderators, curating conversations, encouraging member engagement, and most importantly, reporting any inappropriate activity within the SubHub that violates Sekr's Community Guidelines. SekrHubs is now live and accessible to all new and existing app members. SekrHubs began with a core set of SubHubs dedicated to caravans and events; rigs, builds, and vehicles; general Sekr product feedback, tips and tricks, top tools; and regional groups.

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AIRLINES AND AIRPORTS

British Tech Company Launches Worlds First Public 'FIT TO FLY' Secure Health Passport Designed for Air Travel

VST Enterprises | December 15, 2020

British cyber technology organization VST Enterprises (VSTE) has today launched the worlds first public 'FIT TO FLY' secure health passport intended for air travel. The cross border platform called V-Health Passport™ would already be able to be downloaded from the Apple App Store or Google Play via looking for 'VPassport' or by visiting www.v-healthpassport.co.uk. It is the worlds first publicly accessible secure computerized health passport that public in general can download and use close by any type of Covid 19 testing and vaccination that does NOT utilize unstable standardized tags and QR code technology. Aircrafts and transport carriers can likewise download and utilize the framework.

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