Latest news with #ArchInsurance
Yahoo
2 days ago
- Business
- Yahoo
Bolt integrates Arch Insurance's travel plan into distribution platform
Insurtech company bolt has joined forces with Arch Insurance to expand the availability of the latter's Annual Multi-Trip Travel Insurance plan to consumers through the bolt distribution network. The integration of Arch Insurance into bolt's platform, which features more than 100 carriers, aims to enhance insurance options accessible to policy purchasers. This collaboration leverages bolt's technological infrastructure and distribution network alongside Arch Insurance's expertise in travel insurance. Arch Insurance's travel insurance plan offers coverage for travel contingencies including trip cancellation, interruption, emergency medical services, evacuation, and issues related to baggage and travel delays. The plan is structured to cater to the needs of individuals who travel frequently, allowing for a single annual purchase that covers multiple trips. The process for obtaining quotes and purchasing can be facilitated within minutes, the insurtech company said. Bolt Insurance Capital Solutions senior vice-president Nicole Sivieri said: "We are thrilled to partner with Arch Insurance. This partnership helps further our goal of providing a one-stop shop for a worry-free year of protection, including family vacations, planned and spontaneous. 'Our technology allows us to provide a seamless insurance purchasing process, and we look forward to scaling these capabilities to distribution partners by providing access to Arch's Annual Multi-Trip Travel Insurance plans." Arch Insurance Accident & Health senior vice-president Jim Villa said: 'This collaboration combines Arch's strong underwriting and technology integration capabilities with bolt's innovative delivery model, giving customers easy access to dependable coverage for every trip they take." Bolt's platform facilitates $60bn in quoted premiums each year and enables product distribution throughout all 50 US states. "Bolt integrates Arch Insurance's travel plan into distribution platform " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-05-2025
- Business
- Associated Press
Arch RoamRight Unveils its 2025 Travel Insurance Playbook℠
HUNT VALLEY, Md.--(BUSINESS WIRE)--May 8, 2025-- Arch RoamRight, a leader in travel insurance solutions, is proud to announce that its 2025 Travel Insurance Playbook is now available. This comprehensive guide provides travel industry professionals with insights into an evolving travel industry increasingly influenced by technology and artificial intelligence (AI). 'The travel industry is undergoing a technology-driven transformation, and AI is impacting the way that business is done,' says Tim Dodge, CMO of Travel, Accident & Health at Arch Insurance. 'AI, combined with evolving consumer preferences and changing global economic factors, will continue to influence all facets of the travel experience.' The 2025 Playbook emphasizes Arch RoamRight's commitment to leveraging technology to improve the travel insurance experience. This year's edition shows how AI-driven tools are not only improving product selection and claims administration but are also enabling personalized trip planning options that cater to each traveler's unique needs. In addition, the Playbook provides exclusive insights into emerging travel destinations and preferences as well as other valuable information for travelers planning their journeys. To request a printed copy or digital download of the 2025 Travel Insurance Playbook, visit About Arch RoamRight Arch RoamRight ® ( ) is an industry-leading travel insurance provider 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 RoamRight ® is an industry leader in innovation and technological solutions. In 2021, Arch RoamRight won multiple American Business Awards ® and was named one of the Best in Travel Insurance by 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. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd. The Accident and Health business unit of Arch Insurance provides a variety of Travel (under the Arch RoamRight and Arch Red Sky affiliate brands), disability/paid family medical leave and Accident and Health insurance products. About Arch Capital Group Ltd. Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $24.3 billion in capital at March 31, 2025. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. 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 the Company's 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 the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as 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 our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company's systems or those of the Company's business partners and service providers, which could negatively impact the Company's business and/or expose the Company to litigation; and other factors identified in our 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 the Company's behalf are expressly qualified in their entirety by these cautionary statements. The Company's forward-looking statements speak only as of the date of this press release or as of the date they are made, and 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 View source version on CONTACT: Media Contact Stephanie Perez [email protected] KEYWORD: UNITED STATES NORTH AMERICA MARYLAND INDUSTRY KEYWORD: OTHER TRAVEL INSURANCE TRANSPORTATION LODGING DESTINATIONS TRAVEL VACATION PROFESSIONAL SERVICES SOURCE: Arch Capital Group Ltd. Copyright Business Wire 2025. PUB: 05/08/2025 09:23 AM/DISC: 05/08/2025 09:22 AM
Yahoo
08-05-2025
- Business
- Yahoo
Arch RoamRight Unveils its 2025 Travel Insurance Playbook℠
An industry-leading travel resource that highlights technology, statistics, trends and more HUNT VALLEY, Md., May 08, 2025--(BUSINESS WIRE)--Arch RoamRight, a leader in travel insurance solutions, is proud to announce that its 2025 Travel Insurance Playbook is now available. This comprehensive guide provides travel industry professionals with insights into an evolving travel industry increasingly influenced by technology and artificial intelligence (AI). "The travel industry is undergoing a technology-driven transformation, and AI is impacting the way that business is done," says Tim Dodge, CMO of Travel, Accident & Health at Arch Insurance. "AI, combined with evolving consumer preferences and changing global economic factors, will continue to influence all facets of the travel experience." The 2025 Playbook emphasizes Arch RoamRight's commitment to leveraging technology to improve the travel insurance experience. This year's edition shows how AI-driven tools are not only improving product selection and claims administration but are also enabling personalized trip planning options that cater to each traveler's unique needs. In addition, the Playbook provides exclusive insights into emerging travel destinations and preferences as well as other valuable information for travelers planning their journeys. To request a printed copy or digital download of the 2025 Travel Insurance Playbook, visit About Arch RoamRight Arch RoamRight® ( is an industry-leading travel insurance provider 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 RoamRight® is an industry leader in innovation and technological solutions. In 2021, Arch RoamRight won multiple American Business Awards® and was named one of the Best in Travel Insurance by 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. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd. The Accident and Health business unit of Arch Insurance provides a variety of Travel (under the Arch RoamRight and Arch Red Sky affiliate brands), disability/paid family medical leave and Accident and Health insurance products. About Arch Capital Group Ltd. Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $24.3 billion in capital at March 31, 2025. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Cautionary Note Regarding Forward-Looking StatementsThe 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 the Company's 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 the Company's 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 the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as 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 our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company's systems or those of the Company's business partners and service providers, which could negatively impact the Company's business and/or expose the Company to litigation; and other factors identified in our 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 the Company's behalf are expressly qualified in their entirety by these cautionary statements. The Company's forward-looking statements speak only as of the date of this press release or as of the date they are made, and 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 View source version on Contacts Media Contact Stephanie Perezstperez@
Business Wire
08-05-2025
- Business
- Business Wire
Arch RoamRight Unveils its 2025 Travel Insurance Playbook℠
HUNT VALLEY, Md.--(BUSINESS WIRE)--Arch RoamRight, a leader in travel insurance solutions, is proud to announce that its 2025 Travel Insurance Playbook is now available. This comprehensive guide provides travel industry professionals with insights into an evolving travel industry increasingly influenced by technology and artificial intelligence (AI). 'The travel industry is undergoing a technology-driven transformation, and AI is impacting the way that business is done,' says Tim Dodge, CMO of Travel, Accident & Health at Arch Insurance. 'AI, combined with evolving consumer preferences and changing global economic factors, will continue to influence all facets of the travel experience.' The 2025 Playbook emphasizes Arch RoamRight's commitment to leveraging technology to improve the travel insurance experience. This year's edition shows how AI-driven tools are not only improving product selection and claims administration but are also enabling personalized trip planning options that cater to each traveler's unique needs. In addition, the Playbook provides exclusive insights into emerging travel destinations and preferences as well as other valuable information for travelers planning their journeys. To request a printed copy or digital download of the 2025 Travel Insurance Playbook, visit About Arch RoamRight Arch RoamRight ® ( is an industry-leading travel insurance provider 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 RoamRight ® is an industry leader in innovation and technological solutions. In 2021, Arch RoamRight won multiple American Business Awards ® and was named one of the Best in Travel Insurance by 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. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd. The Accident and Health business unit of Arch Insurance provides a variety of Travel (under the Arch RoamRight and Arch Red Sky affiliate brands), disability/paid family medical leave and Accident and Health insurance products. About Arch Capital Group Ltd. Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $24.3 billion in capital at March 31, 2025. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. 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 the Company's 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 the Company's 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 the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as 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 our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company's systems or those of the Company's business partners and service providers, which could negatively impact the Company's business and/or expose the Company to litigation; and other factors identified in our 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 the Company's behalf are expressly qualified in their entirety by these cautionary statements. The Company's forward-looking statements speak only as of the date of this press release or as of the date they are made, and 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
Daily Mail
07-05-2025
- Health
- Daily Mail
Doctor paralysed after breaking spine when his bike 'sheared in two' awarded £4.5million
A doctor who broke his spine and became paralysed after his brand new bike fell apart while going down a hill has won £4.5million in compensation. Dr Daniel Gordon, 31, suffered life-changing injuries when the forks of his £2,300 all-terrain gravel bike 'sheared in two' in Inverness in August 2020. Dr Gordon, who was working as a junior doctor at Raigmore Hospital, was only travelling at around 15mph before the bike collapsed beneath him, throwing him to the ground. He underwent spinal surgery and then months of rehabilitation, but the extensive injuries have left him with no use of his lower body and reliant on a wheelchair. Dr Gordon initially launched a bid for £10million in compensation from the insurers behind Yorkshire-based bike company Planet X. But ahead of a five day hearing set to start this week, it was agreed that Dr Gordon should receive a settlement in the sum of £4.5million. The sum was agreed following negotiations between the parties and includes provision for Dr Gordon to return to court for further damages if further injuries are caused by a spinal cyst. Dr Gordon sustained the life-changing spinal cord injury when the front forks of a Planet X Tempest SRAM Force 1 titanium bike sheared in two on a grass slope. He brought his claim initially against the seller of the bicycle, Planet X. But after the company was declared insolvent in 2023, his lawyers pursued the claim against its insurers, Arch Insurance (UK) Limited and Chubb European Group SE, who initially rejected the doctor's claims. Planet X described the £2,300 gravel bike purchased by Dr Gordon in 2020 as a 'go-anywhere' bicycle, adding that 'the only thing Tempest doesn't have is limits'. The defendants claimed this was 'marketing puff' and should not have been relied upon by Dr Gordon. They also claimed the bike was subject to an American standard of classification for bikes, which meant it should not be ridden over any jumps or drops of more than 15 centimetres. However, there was no mention of this on the company's website or in the manual for the bike. During previous proceedings, it emerged that testing by the parties' respective experts found that the carbon fibre forks on Dr Gordon's bike were materially thinner and weaker than two exemplar forks provided by the manufacturer. Since the incident, Dr Gordon has taken up hand cycling, completing the hand cycling tour of Mallorca in 2022 and the London Marathon in 2025. Last year, he married his fiancée, Dr Laura Colacino and went on honeymoon to Peru, which included a visit to the historic ruin site of Machu Picchu. His claim was supported by law firm Stewarts. Dr Gordon said: 'Despite a catastrophic and life-changing injury, I've been fortunate enough to be supported by Stewarts in pursuing a claim against Planet X's insurers, the result of which means my future care and accommodation needs can be met. 'Stewarts have been exceptionally proficient, compassionate and offered me clear guidance through an incredibly difficult, complex and personally challenging time. 'I also have to thank Ewan Stirling, a friend and coach who first noticed the unusual way in which the fork sheared, without whom I would likely not have taken any action. 'I hope now to be able to move forwards and show that despite this injury, life can still be rewarding and fulfilling.' Stewarts International Injury partner Julian Chamberlayne said: 'It has been a privilege to represent Danny Gordon and to achieve this settlement, which will help him fund his needs following his spinal injury. 'He has shown huge strength of character in not allowed this life changing injury to stop him from returning to work with the NHS, and in his determination to continue cycling, now using a hand bike. 'This case has highlighted that the regulation, testing and manufacture of gravel bikes warrants closer attention, to ensure they are safe for the adventurous use that is shown in their advertising and expected by purchasers.'
