Axis Global Accident and Health, a sector of Axis Capital Holdings Limited, has launched TravelAxis, an improved travel insurance package for businesses and employees in the US.
Australian employees required to travel overseas with their work will have access to unprecedented levels of protection as a result of a new technology suite launched recently by Sydney emergency management firm Dynamiq.
Entrepreneur and world traveller Matthew Coe has launched a new website that makes it easy for visitors to compare backpackers’ travel insurance online, allowing users to identify the most affordable and suitable options for their trip.
ACE insurance company has launched a range of five new ‘Express’ accident and health products to the company’s UK and Ireland e-commerce platform – ACE Online. The products provide cover for single or multi-trip business trips, with director and employee injuries covered. The five products are Business Travel Express, Businessclass Express, Directors Express Injury, Businessclass Bespoke and Workforce Injury.
Jeff Dowling, accident and health product head, commented on the launch: “ACE Online minimises the number of clicks required to get a quote, ensuring that it is quick and easy to use. Our broker partners are now able to place vital accident and health cover in minutes as well as renewing and making adjustments to cover.”
STA Travel, a popular provider of student and gap year travel packages, is to offer its customers travel insurance from CSA when they book their travel arrangements. The plans have been designed by CSA to cater to students, so the cost is relatively low, but the plan still includes coverage for trip delays and cancellation, medical care and accidents, loss of baggage and other effects, as well as 24-hour worldwide assistance.
Kevin Jacobs, managing director of STA Travel, commented: “Travel insurance is a must-have for students planning a trip, and a safety net for their parents.” Bob Chambers, director of operations for CSA, added: “While most students and young travellers believe they are invincible, an accident or medical emergency, lost passport or luggage, or delayed trip can ruin the most carefully planned trip.”
A recent innovation by Costas Andrea of Global Recoveries Limited claims to help insurers deal with international third party recoveries in-house. Traditionally, where an insurer has a potential recovery abroad, the case is sent to UK solicitors, who in turn instruct foreign lawyers. The insurer, therefore, pays two lots of legal fees – the UK lawyers’ and the foreign lawyers’.
In his latest offering, Costas provides clients with access to a global network of lawyers, built up over 20 years. Most are exactly the same ones currently used by UK solicitors and all are used to dealing with recovery claims and insurer clients. Language is not a problem, as all correspond in English. In-house training of staff is provided and a rolling training scheme implemented, which includes presentations by visiting foreign lawyers. Any increase in staff costs is dwarfed by the huge savings on legal fees. Back-up is also provided to help with those problem cases or difficult jurisdictions.
Enaya Insurance has partnered with Kuwait-based Gulf Bank to launch TravelSmart, a new worldwide family travel insurance policy that has been designed for Gulf Bank customers
Virgin Money, one of the many offshoots of Richard Branson's multi-billion pound Virgin business venture, has recently launched a new range of travel insurance policies that, the company says, "pack in more as standard"
Chartis Inc., a property casualty and general insurer based in the US that is the re-branded business operations of American International Group (AIG), has announced that all of its worldwide travel businesses are to operate under the brand name Travel Guard, and named Jeffery Rutledge as chairman and CEO of Travel Guard Worldwide Inc
Axis Global Accident and Health, a sector of Axis Capital Holdings Limited, has launched TravelAxis, an improved travel insurance package for businesses and employees in the US.
Saga has adapted its travel insurance products in response to the increase of over-50s choosing to stay within the UK for holiday
Australian employees required to travel overseas with their work will have access to unprecedented levels of protection as a result of a new technology suite launched recently by Sydney emergency management firm Dynamiq. 
Entrepreneur and world traveller Matthew Coe has launched a new website that makes it easy for visitors to compare backpackers’ travel insurance online, allowing users to identify the most affordable and suitable options for their trip.
ACE insurance company has launched a range of five new ‘Express’ accident and health products to the company’s UK and Ireland e-commerce platform – ACE Online. The products provide cover for single or multi-trip business trips, with director and employee injuries covered. The five products are Business Travel Express, Businessclass Express, Directors Express Injury, Businessclass Bespoke and Workforce Injury.
STA Travel, a popular provider of student and gap year travel packages, is to offer its customers travel insurance from CSA when they book their travel arrangements. The plans have been designed by CSA to cater to students, so the cost is relatively low, but the plan still includes coverage for trip delays and cancellation, medical care and accidents, loss of baggage and other effects, as well as 24-hour worldwide assistance.
A recent innovation by Costas Andrea of Global Recoveries Limited claims to help insurers deal with international third party recoveries in-house. Traditionally, where an insurer has a potential recovery abroad, the case is sent to UK solicitors, who in turn instruct foreign lawyers. The insurer, therefore, pays two lots of legal fees – the UK lawyers’ and the foreign lawyers’.