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Faye hopes to do for travel insurance what Lemonade did for general insurance

While (former) startups like Lemonade came along to attack the tired world of insurance, the travel insurance market is now coming in for the same treatment from the likes of Safetywing (covered by TC here) and Battleface.
In an ideal world, travel insurance would be easier to understand, would pay out quickly when things go wrong, and operate almost like Apple Pay or Google Pay in its simplicity. New ‘whole-trip travel insurance’ startup Faye – which exited stealth mode last month – hopes to bring that kind of vibe with its approach, and now it’s raised backing to do it.
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