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Arch RoamRight Publishes First Travel Insurance Playbook

March 3, 2020 GMT

HUNT VALLEY, Md.--(BUSINESS WIRE)--Mar 3, 2020--

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.

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.

AboutArch 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200303005823/en/

CONTACT: Tim Anderson

Arch RoamRight

+1 (443) 281-0038

tianderson@archinsurance.com

KEYWORD: UNITED STATES NORTH AMERICA MARYLAND

INDUSTRY KEYWORD: OTHER TRAVEL INSURANCE TRANSPORTATION DESTINATIONS TRAVEL VACATION CRUISE PROFESSIONAL SERVICES

SOURCE: Arch RoamRight

Copyright Business Wire 2020.

PUB: 03/03/2020 02:30 PM/DISC: 03/03/2020 02:30 PM

http://www.businesswire.com/news/home/20200303005823/en