Teak

Teak helps companies grow revenue while giving their customers the flexibility they want. Formerly known as Protecht, the company has provided millions of people with more flexibility and better experiences through easy-to-embed Smart Refunds and Friendly Insurance. Those solutions help businesses in live events, sports, endurance racing, bookings, and destinations increase revenue while offering consumers greater flexibility and confidence at checkout. Teak is licensed in the U.S. and Canada to manage consumer refund risk and is powered by A-rated insurance partners, with an empathetic U.S.-based team managing refunds, questions, and payouts on behalf of partners.