HUNT VALLEY, Md.–(BUSINESS WIRE)–Apr 29, 2022–
Arch RoamRight has released its 2022 Travel Insurance Playbook℠, a guide created to provide insights into travel insurance trends and a vision into what travelers are expecting as they look to the future. The Playbook includes predictive travel statistics, including a forecast of what travelers are looking for coming out of the COVID-19 pandemic, along with the top destinations for trips booked in 2022.
“We are enthusiastic about the growth the travel industry is currently experiencing, and for what is yet to come. The 2022 Travel Insurance Playbook includes a variety of travel statistics, case studies and more to help travel advisors and tour operators refine their travel insurance programs,” said Tim Dodge, Vice President of Travel, Accident & Health Marketing at Arch Insurance. “As showcased in this year’s Playbook, the outlook for continued growth in domestic and international travel is optimistic.”
The Travel Insurance Playbook’s case studies highlight common situations in which travel insurance and travel advisors helped save the day. In-depth interviews demonstrate the value, knowledge expertise and travel advisors provide to travelers as they plan and enjoy their trips and vacations.
The travel advisor and tour operator communities have been valuable to Arch RoamRight in becoming one of the leading travel insurance providers in the United States. Learn what travel professionals have experienced over the past year, where they see travel going in the future, and what they are doing to optimize their sales strategies.
With the Travel Insurance Playbook, travel advisors and tour operators can gain an understanding of travel insurance buyer journeys and personas, including demographics and spending choices. The Playbook also provides statistics and case studies that can help travel advisors and tour operators educate clients on the value and importance of travel insurance.
This year’s Travel Insurance Playbook was recently honored as a Hermes Creative Awards Platinum Winner for Individual’s Body of Work Achievement and is a valuable resource of information for our industry. This book is a key differentiator for Arch RoamRight and will be distributed to thousands of travel advisors and tour operators in the United States.
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 US 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 for 2021 by Money.com.
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 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 US 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 forward-looking statements attributable to us or persons acting on behalf of are expressly qualified on our entire oral 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.
KEYWORD: UNITED STATES NORTH AMERICA MARYLAND
INDUSTRY KEYWORD: OTHER TRAVEL INSURANCE LODGING DESTINATIONS TRAVEL VACATION CRUISE PROFESSIONAL SERVICES
SOURCE: Arch Capital Group Ltd.
Copyright Business Wire 2022.
PUB: 04/29/2022 09:30 AM/DISC: 04/29/2022 09:32 AM
Copyright Business Wire 2022.