travel insurance News

Verisk Launches Black Box 3 Solution to Enhance Medical Underwriting

Verisk, the Jersey City, N.J.- based data analytics provider, has launched Black Box 3 (BB3), a new solution available in parts of Canada, Europe, Australasia, and Asia, which helps insurers make underwriting decisions for risks posed by travelers with preexisting …

AIG Launches Travel Insurance on Demand App in Canada

Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their iPhone. Customers can now conveniently optimize travel insurance in …

Zurich Accelerates Growth of Cover-More Travel Insurance Unit with LatAm Acquisitions

Zurich Insurance Group accelerated the growth of Cover-More Group, its specialist global travel insurance and assistance solutions business, by entering into agreements to acquire the leading providers of traveler assistance in Latin America. The acquired businesses operate under the Travel …

Avanti Offers Bespoke Annual Multi-Trip Travel Insurance for the Over-50s Market

Northampton, UK, February 8, 2018- Avanti Travel Insurance offers one of the most comprehensive annual multi-trip policy packages designed specifically for the over-50s market available in the UK. Avanti has a long-standing reputation for excellence providing bespoke cover for senior …

UK’s Thomas Cook Partners with Fintech Firm to Offer Pay-Per-Day Travel Cover

British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location through their mobile phones. Revolut, the digital bank start-up, said it …

Zurich Acquires UK Online Rental Car Insurance Provider, Halo

Zurich, together with its travel insurance unit Cover-More, has completed the acquisition of Halo, a specialist, UK-based online rental car insurance platform. Financial details of the transaction were not disclosed. Zurich said it is becoming increasingly active in the fast-growing …

XL Catlin Launches A&H Cover, ‘Protect & Assist,’ for UK Firms

XL Catlin has launched “Protect and Assist,” its accident and health insurance solution designed to help UK businesses protect their people and meet their duty of care in the face of emerging risks and heightened security threats. Protect and Assist …

Zurich Buys Australia’s Largest Travel Insurer, Cover-More, for US$551M

Zurich Insurance Group has successfully acquired Cover-More Group Ltd., a leading travel insurance and assistance solutions provider based in Sydney with a strong market position in Australia, India and the U.S. This transaction is an important milestone for Zurich as …

AXA UK’s Travel Insurance Will Cover People Denied Access to US

The UK division of French insurer AXA said its travel policies would cover those denied access to the United States due to a U.S. travel ban on people from seven Muslim-majority countries. An executive order by U.S. President Donald Trump …

New Jersey Issues Bulletin on Web-Based Travel Insurance Sales

The New Jersey Department of Banking and Insurance issued a bulletin stating that the opt-out sales process used for selling travel insurance by some web-based travel services companies would be considered unfair methods of competition. The department issued Bulletin No. …