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Hunt
Valley, MD – March 2020 / Newsmaker Alert / Travel insurance provider
Arch RoamRight has published the
Travel Insurance Playbook™
for 2020, a guide created to provide insights into travel insurance
trends and help travel professionals optimize their travel insurance sales
strategies.
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The
Travel Insurance Playbook includes proprietary data on travel insurance
and its buyers, as well as general travel statistics gained from surveys
completed by thousands of travelers across a variety of destinations and
travel styles. Travel advisors can also learn about travel trends for 2020,
including popular destinations and the sacrifices travelers said they would
make for a free trip around the world.
“We
are very excited to publish our first Travel Insurance Playbook,” said
Tim Dodge, Vice President of Travel & Accident Marketing at Arch Insurance.
“The travel advisor and tour operator community has been invaluable to
us in becoming the provider we are today, and we hope this Playbook can
help them provide even more value to their clients. We plan to produce
this resource annually to present an in-depth look at travel insurance
and the state of the market based on our research.”
With
the Travel Insurance Playbook, travel advisors and tour operators can gain
an understanding of the travel insurance buyer journey and personas, including
demographics and purchase habits. The Playbook also provides statistics
and case studies that can help travel advisors and tour operators educate
clients on the importance and value proposition of travel insurance.
To
receive a digital download or to request a printed copy of the Travel Insurance
Playbook, visit www.RoamRight.com/playbook.
About
Arch RoamRight
RoamRight
(www.RoamRight.com), an Arch Insurance
Company brand based in Hunt Valley, Maryland, provides travel insurance
to help U.S. residents traveling around the world. RoamRight offers travel
insurance plans for leisure, business, student and group travelers taking
both domestic and international trips. From trip cancellation to travel
medical insurance plans and an award-winning mobile app and website, RoamRight
is an industry leader in innovation and technological solutions. In 2019,
Arch RoamRight was given the Excellence in Customer Service Award by Business
Intelligence Group, and also won the bronze Stevie Award® for Customer
Service Department of the Year in the American Business Awards®.
Cautionary
Note Regarding Forward-Looking Statements
The
Private Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. This release or any other written or oral
statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries
may include forward-looking statements, which reflect our current views
with respect to future events and financial performance. All statements,
other than statements of historical fact included in or incorporated by
reference in this release, are forward-looking statements.
Forward-looking
statements can generally be identified by the use of forward-looking terminology
such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe"
or "continue" or their negative or variations or similar terminology. Forward-looking
statements involve our current assessment of risks and uncertainties. Actual
events and results may differ materially from those expressed or implied
in these statements. A non-exclusive list of the important factors that
could cause actual results to differ materially from those in such forward-looking
statements includes the following: adverse general economic and market
conditions; increased competition; pricing and policy term trends; fluctuations
in the actions of rating agencies and our ability to maintain and improve
our ratings; investment performance; the loss of key personnel; the adequacy
of our loss reserves, severity and/or frequency of losses, greater than
expected loss ratios and adverse development on claim and/or claim expense
liabilities; greater frequency or severity of unpredictable natural and
man-made catastrophic events; the impact of acts of terrorism and acts
of war; changes in regulations and/or tax laws in the United States or
elsewhere; our ability to successfully integrate, establish and maintain
operating procedures and integrate the businesses we have acquired or may
acquire into the existing operations; changes in accounting principles
or policies; material differences between actual and expected assessments
for guaranty funds and mandatory pooling arrangements; availability and
cost to us of reinsurance to manage our gross and net exposures; the failure
of others to meet their obligations to us and other factors identified
in our filings with the U.S. Securities and Exchange Commission.
The
foregoing review of important factors should not be construed as exhaustive
and should be read in conjunction with other cautionary statements that
are included herein or elsewhere. All subsequent written and oral forward-looking
statements attributable to us or persons acting on our behalf are expressly
qualified in their entirety by these cautionary statements. We undertake
no obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
Media
Contact:
Arch
RoamRight
Tim
Anderson
443-281-0038 |