Arch Insurance has unveiled a new online platform that is designed to streamline the process of pricing and purchasing business travel accident (BTA) policies for brokers serving US-based companies with up to 250 business travelers.
The platform, called Arch BTAExpress, allows simple plan design selection, pricing and binding of BTA policies, with most quotes delivered almost immediately. Arch promises “a substantial reduction in the time and effort it takes brokers to obtain coverage for their clients’ business travelers.”
Arch’s BTA products offer businesses a choice of product options, including out-of-country medical expense coverage. All plans include valuable travel assistance services, including worldwide medical and evacuation assistance for employees and any accompanying family members. Specialty benefits to assist with the expenses of rehabilitation, counseling, family reunion and childcare needs resulting from accidents while on business travel are also available.
Jeff Ray, senior vice president of accident and health at Arch Insurance, said: “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 Insurance, Jeff Ray, Business travel accident