HEALTH INSURANCE

Arch Insurance Announces Streamlined Experience for Pricing and Purchase of Business Travel Accident Insurance

Arch Insurance | February 15, 2021

Arch Insurance Announces Streamlined Experience for Pricing and Purchase of Business Travel Accident Insurance
Arch Insurance Company today reported another online platform that permits brokers to quickly cost and buy Business Travel Accident (BTA) strategies for U.S.- based organizations with up to 250 business travelers. The platform, called Arch BTAExpressTM, use a state-of-the-art underwriting and technology experience, permitting straightforward arrangement plan determination, estimating and restricting of BTA approaches, with most statements conveyed very quickly. The outcome is a significant decrease in the time and exertion it takes brokers to acquire inclusion for their customers' business travelers.

“We’re pleased to announce our new BTA product options and platform, in an environment where efficiency and simplicity are definite advantages,” said Jeff Ray, SVP, Arch Insurance Company, Accident & Health. “We are anticipating an increased interest in travel insurance coverage for both business and leisure travel due to heightened COVID-19 awareness, and our new approach to connecting brokers and insureds with our products will simplify the process.”

Arch's BTA items offer businesses a decision of item alternatives that incorporate the capacity to add out-of-country clinical cost inclusion. All plans incorporate important travel assistance services, including however not restricted to overall clinical and clearing assistance for workers and any accompanying relatives just as other forte advantages to help with the expenses of recovery, advising, family gathering and childcare needs coming about because of accidents while on business travel.

The technology utilized for this online experience expands on Arch's honor winning RoamRight® travel insurance advancements and platform through which travel counsels and insureds have been buying recreation travel insurance for just about 10 years.

About Arch Insurance North America
Arch Insurance North America, part of Arch Capital Group Ltd., includes Arch’s insurance operations in the United States and Canada.

About Arch Capital Group Ltd.
Arch Capital Group Ltd., a Bermuda-based company with approximately $15.8 billion in capital at Dec. 31, 2020, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.

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