HUNT VALLEY, Md.--(BUSINESS WIRE)--Arch RoamRight has been recognized as one of three finalists for the International Travel & Health Insurer of the Year by the ITIJ Awards.
The awards, administered by the International Travel & Health Insurance Journal, are judged by an esteemed panel of travel insurance experts from across the globe. They examine a company’s performance and growth, mission statement, competitive differences and future plans.
Founded in 2012, Arch RoamRight’s unwavering mission of providing exceptional products, customer service and claims administration has made the brand a leader in the travel insurance industry. Arch RoamRight’s technology based, vertically integrated approach provides both insureds and resellers an efficient, transparent process from selection to purchase to claims administration.
“Being recognized by ITIJ for our accomplishments in the past year is such an honor and highlights that Arch Insurance is delivering on our brand promise of Pursuing Better TogetherSM,” said Linda Fallon, Executive Vice President, Travel, Accident & Health. “Listening closely to the voice of the customer helps drive our innovation and project planning, and this philosophy has helped us distinguish Arch RoamRight as a leader in our industry.”
Mandy Langfield, Editor of ITIJ, stated, “Ongoing product innovation, adoption of new technology and a continuing desire to do the best for customers is what matters in this valuable insurance sector. The ITIJ Awards showcase the brightest and best of our industry, and we are proud to be the magazine that recognizes the incredible services you offer and part you play in keeping the world of travel turning.”
The ITIJ Awards acknowledge companies in all sectors of the global travel and health insurance industry. This includes insurance providers, affinity partners, air ambulance companies, assistance firms and all the companies that provide services to those companies.
This year’s award celebration will be held at the ITIC Global event in Madrid on Nov. 4, 2021. For more information and to see the full list of finalists, visit https://awards.itij.com/.
About Arch RoamRight
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 U.S. residents traveling around the world. From trip cancellation to travel medical insurance plans and an award-winning mobile app and website, Arch RoamRightTM is an industry leader in innovation and technological solutions. In 2020, Arch RoamRight won multiple Travel Weekly Magellan Awards, and was named a Best Places to Work by Business Intelligence Group.
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 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 unpredictable 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 U.S. 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 and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety 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.