Financial News
Arch RoamRight Travel Insurance Recognized as a Money.com Best Travel Insurance Company of 2021
One of nine companies to be recognized, Arch RoamRight takes nod for “Best for Frequent Flyers” category, with a variety of pricing and coverage combinations to support travelers’ diverse needs
Arch RoamRight travel insurance today announced its recognition as one of Money.com’s Nine Best Travel Insurance Companies of 2021.
Money cites Arch RoamRight’s multi-trip annual plan, paperless claims and trip cancellation coverage that includes natural disasters or geopolitical instability as supporting evidence for their recognition.
“Consumers look to Money.com to understand personal finance strategies that improve their bottom line. We are honored to be recognized for the hard work of our team and be named a Best Travel Insurance Company by such a well-respected resource,” said Tim Dodge, Vice President of Marketing for Arch RoamRight. “This recognition is a testament to our innovative approach to product design and service delivery that resonates with travelers of all types.”
As the travel industry continues its rebound from the COVID-19 pandemic, many consumers are considering travel insurance as an important part of their travel risk mitigation. Data published in Arch RoamRight’s The Travel Insurance Playbook® shows that travelers are spending more on trips in 2021 than they did two years ago before travel stopped. With more invested in the travel experience, travel insurance is becoming a critical part of travel planning.
An informed traveler should understand the different types of travel insurance options available to them.
“We offer an annual product, our multi-trip plan, that is great for frequent travelers,” continued Dodge. “They can buy once a year and have coverage for trip cancellation for an unlimited number of trips, each up to 30 days in length. If you’re a jet setter, this is the plan for you.”
Arch RoamRight also offers several single-trip plans that include trip cancellation coverage, travel medical coverage and rental car coverage.
To learn more about Arch RoamRight’s travel insurance, visit www.roamright.com. To access a copy of The Travel Insurance Playbook, which provides data and trends in the travel industry, visit www.roamright.com/playbook.
About Arch RoamRight
Arch RoamRight (www.RoamRight.com) is the co-branding of Arch and RoamRight® marks used by Arch Insurance Company to market its travel insurance that insures U.S. residents traveling around the world. From trip cancellation to travel medical insurance plans and an award-winning mobile app and website, Arch RoamRightTM is an industry leader in innovation and technological solutions. In 2020, Arch RoamRight won multiple Travel Weekly Magellan Awards, and was named a Best Places to Work by Business Intelligence Group.
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 the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s 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, including pandemics such as COVID-19; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; the Company’s ability to successfully integrate, establish and maintain operating procedures as well as consummate acquisitions and integrate the businesses the Company has 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 the Company of reinsurance to manage the Company’s gross and net exposures; the failure of others to meet their obligations to the Company; changes in the method for determining the London Inter-bank Offered Rate (“LIBOR”) and the potential replacement of LIBOR and other factors identified in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”).
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. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Tag: arch-insurance
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Contacts
Tim Dodge
Vice President – Marketing
Arch Insurance Company
tdodge@archinsurance.com
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