Two Latvian companies — Booking Group Corporation, which owns one of the world’s most popular car rental booking platforms, EconomyBookings.com, and insurance company BALTA — have created an innovative service for travelers worldwide — the Renasco Insurance.

EconomyBookings.com, the global car rental booking platform powered by Booking Group Corporation, officially introduced at the International Car Rental Show in Las Vegas its new Marketplace—a breakthrough platform designed to give small and medium-sized rental companies instant access to the international travel market.

“Everything we have achieved has come through hard daily work – we have been in the industry for 15 years and still don’t feel like we’re finally ‘flying.’ We used to rejoice at one order a day; last year, the number of orders through our platform approached a million, but the feeling of ease is still not there.”