12 August 2025 - IAG Loyalty, the company behind the global loyalty currency Avios, and Open, a global leader in digital-first insurance solutions – have partnered to launch ‘Wanda by Avios’ - a groundbreaking new smart travel insurance product that goes beyond traditional coverage to offer benefits unmatched in the market.
Available to all UK residents, Wanda by Avios introduces a new standard in travel protection. In an industry first, policies can include more flexible cancellation cover, fast cash payouts for flight delays, and exclusive Avios Protect®, reinstating up to 500,000 Avios per customer if plans change for an insured reason, providing peace of mind for both Avios collectors and everyday travellers.
Wanda by Avios is available as either single-trip or annual multi-trip policies. For frequent flyers, the Wanda Plus plan covers an unlimited number of trips throughout the year (up to a maximum of 60 days each) and premium perks that elevate every journey.
Key benefits of Wanda Plus include:
Built on Open’s advanced technology platform, Wanda by Avios offers instant policy issuance, transparent pricing, and a seamless claims experience, all within a digital-first experience.
Veronica Vicars, Chief Growth Officer at IAG Loyalty, said: “This isn’t just insurance, this is smarter, more flexible protection built for modern travel. Whether you’re an Avios collector or simply want cover that works harder for you, Wanda by Avios sets a new benchmark”
Jason Wilby, Co-CEO of Open, said: “This product isn’t just about Avios. It’s about giving all travellers more value, more flexibility, and more confidence when they travel. Wanda is designed for the realities of modern travel - where plans change and delays happen; travellers want their insurance to respond in the moment.”
Wanda by Avios is available now to all UK residents. Learn more and get a quote at www.wanda.world.
ENDS
Notes to Editors
Wanda by Avios is a trading name of Avios Group (AGL) Limited, which is an Appointed Representative of Open Insurance Services UK Limited.
Media Contacts
IAG Loyalty Press Office - press@avios.com
About ‘Wanda by Avios’ Travel Insurance
Wanda by Avios is arranged and administered by Open Insurance Services UK Limited, which is authorised and regulated by the Financial Conduct Authority (firm reference number: 988625) and registered in England and Wales (company number: 9365669). You can confirm this on the Financial Services Register at www.fca.org.uk/register. Wanda by Avios is a trading name of Avios Group (AGL) Limited, which is an Appointed Representative of Open Insurance Services UK Limited.
About IAG Loyalty
IAG Loyalty is a pioneer in the loyalty industry with over 30 years of experience. It's home to British Airways Holidays and Avios - the loyalty currency of British Airways, Iberia, Aer Lingus, Vueling, Qatar Airways, Finnair and Loganair. With a vision to create the world's most rewarding experiences, IAG Loyalty enables more than 69 million members worldwide to collect and redeem Avios through a diverse range of partners spanning retail, travel and financial services. Its parent company, International Airlines Group (IAG), is one of the world’s largest airline groups with 600+ aircraft carrying more than 122 million customers to 260 destinations across 91 countries each year. For more information, visit www.iagloyalty.com.
About Open
Open Insurance is a global leader in embedded and digital-first insurance solutions. Founded in 2016 and certified as a B Corp since 2017, Open leverages advanced technology and partnerships to deliver seamless insurance experiences. Open partners with globally recognised brands across Australia, New Zealand, and the UK, and specialises in building and integrating insurance offerings into their ecosystems. For further information on Open, visit www.beopen.com.
About Gigs
Gigs, the operating system for mobile services, empowers tech companies to seamlessly embed connectivity into their offerings in weeks. By bundling phone plans and travel data with their core services, Gigs' customers can increase stickiness and unlock a new recurring revenue stream with digital mobile experiences that meaningfully create value to consumers. Gigs' end-to-end platform provides everything brands need to launch and operate their own multi-market mobile service: premium connectivity, a hosted checkout, billing, subscription management, analytics, and AI-powered customer service. Backed by Ribbit Capital, Google, Y Combinator, Speedinvest and BoxGroup, Gigs was founded by Hermann Frank and Dennis Bauer in 2020. For more information, visit gigs.com.
About ClassPass
ClassPass is revolutionising the fitness and wellness industry by bringing together the world’s best classes and experiences into one app. Founded in 2013, ClassPass connects members to millions of classes and experiences in 31 countries around the globe while working directly with businesses to merchandise their excess inventory, find new customers and generate new streams of revenue. With tens of thousands of fitness studios, gyms, and spas in the ClassPass network, members can use ClassPass to choose from a broad range of options including workout classes such as strength training, yoga, pilates, and boxing and spa treatments such as massage, acupuncture, manicures and more. Learn more at http://classpass.com.