Arch Insurance coverage, a speciality insurance coverage answer supplier, has chosen insurtech firm bolt to broaden its journey insurance coverage plan.
By utilizing the bolt platform, Arch Insurance coverage to broaden entry to its Annual Multi-Journey Journey Insurance coverage plan to travellers by way of brokers. Arch says its addition to the over 100 carriers on bolt’s insurance coverage distribution platform reinforces its dedication to delivering extra selection and higher protection choices to insurance coverage patrons.
This collaboration brings collectively bolt’s expertise and distribution capabilities with Arch Insurance coverage’s experience in journey protection, making a seamless, dependable manner for customers to safe safety for a number of journeys in a single coverage.
“This partnership helps additional our objective of offering a one-stop store for a worry-free 12 months of safety, together with household holidays, deliberate and spontaneous,” stated Nicole Sivieri, SVP, insurance coverage capital options at bolt. “Our expertise permits us to offer a seamless insurance coverage buying course of, and we sit up for scaling these capabilities to distribution companions by offering entry to Arch’s Annual Multi-Journey Journey Insurance coverage.”
Arch’s Annual Multi-Journey Journey Insurance coverage plan covers a variety of journey disruptions and emergencies, together with journey cancellation and interruption, emergency medical and evacuation, baggage loss or delay, and journey delays and missed connections.
Making journey protection extra handy
Shoppers buy the Annual Multi-Journey Journey Insurance coverage plan as soon as per 12 months, making it splendid for frequent flyers, digital nomads, and journey lovers.
“We’re excited to work with bolt and lengthen the attain of our annual journey insurance coverage answer,” added Jim Villa, SVP, accident and well being at Arch Insurance coverage. “This collaboration combines Arch’s sturdy underwriting and expertise integration capabilities with bolt’s modern supply mannequin, giving prospects quick access to reliable protection for each journey they take.”
With $60billion in quoted premiums yearly, bolt permits insurance coverage product distribution throughout all 50 states. bolt’s customized journey insurance coverage options are designed to reinforce buyer connectivity and supply complete protection that addresses the distinctive wants of roaming prospects. Its versatile integration choices additionally guarantee quick access for purchasers, whereas simplifying the implementation course of.
