Category: News | Date: 21/01/2022

Xenia partners with ABTA Travel

What partnering with ABTA, leaders in travel insurance means for us and the security of your favourite holidays thanks to the travel sector’s trade credit, surety and insurance protection:

We are delighted to announce our ‘Partner+’ membership with the trusted travel brand, ABTA. ABTA is well known for their 70 years, offering advice and guidance to the travelling public, as well as being the leaders in the travel industry for supporting high service standards, working with their Members on health and safety, and promoting responsible tourism at home and abroad.

Here at Xenia we specialise in trade credit insurance and surety policies. Which means we can enable businesses to not only feel more secure during challenging times but, we also offer the security businesses need to grow. This means we can offer many of the businesses who have been worried about the impacts of the pandemic, the security they need to continue to flourish.

As one of the UK’s foremost specialists in travel and leisure credit insurance, as well as working with many of the world’s most successful tour operators, leisure companies and cruise suppliers. We’re proud to be partnering with ABTA so that we can offer our products and services to all of ABTA’s Members and Partners. Meaning we can provide more of your favourite travel companies the security they need to keep providing you with those amazing holidays we all enjoy and the security of your travel insurance too.

According to City AM last year we saw around 195,000 people working in the UK travel industry either lose their job or were at risk of losing their job due to the Covid-19 crisis. Which ABTA identified as being 37% of the UK’s jobs in the travel sector that had faced being wiped out. As travel restrictions begin to ease and we begin to return to a more regular way of life, the travel industry can finally begin to recover and grow from the trauma the pandemic has caused. This is how we can help provide APTA and all of their Members and Partners the safety to grow and succeed again, via the security of trade credit insurance and surety bonds.

Here at Xenia our Clients choose us because of our experience and expertise in the highly technical field of surety bonds and trade credit insurance – we have the knowledge and resources to stay abreast of rapidly changing industry developments, protecting our clients against the unforeseen. This is part of what we’re pleased to be offering ABTA and their Members and Partners.

Most of our policies are bespoke, which is essential considering the diverse nature of businesses operating within this sector. For example, our Clients include airlines, hoteliers, tour operators and cruise companies – all of which need a sound credit control policy to mediate risk, secure funding and maintain stakeholder confidence. Which means your favourite holidays are here to stay and so are the travel companies we all know, love and trust.

To find out how we could reduce the risk to your business please visit our services page here.