Voyager Insurance coverage Providers has efficiently acquired journey insurance coverage dealer Navigator Journey Insurance coverage.
Navigator Journey Insurance coverage is understood for doing one thing totally different with journey insurance coverage, reminiscent of masking polo in Argentina, motorbiking within the US or for staff overseas.
After 20 years in enterprise, the homeowners of Navigator have determined to retire.
Voyager was established in 1996 to offer specialist journey insurance coverage merchandise for his or her purchasers.
As well as, it has supplied merchandise on a wholesale foundation for brokers and associates alongside a variety of merchandise for direct buy by the general public.
Navigator and Voyager have labored collectively for a few years on specialist merchandise and covers that clients had been searching for.
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Moreover, Voyager present Navigator with their on-line quote and purchase system, permitting them to offer quotes for his or her clients and supply accessible hyperlinks by means of which their clients may buy insurance policies.
Steve Cox, managing director of Voyager Insurance coverage Providers, acknowledged “The acquisition of Navigator Insurance coverage Providers is an thrilling improvement for Voyager Insurance coverage Providers and can assist us preserve our place on the forefront of journey insurance coverage answer improvement. Many shoppers battle to search out the suitable journey cowl to fulfill their particular wants and that is the place we are available, offering progressive options and the suitable cowl for every area of interest requirement.”
Cox continued: “There are some constructive synergies between the 2 corporations, given how carefully we’ve labored collectively through the years, so it made absolute sense for us to amass Navigator after we discovered of Richard and Yvonne’s want to retire. The pair have labored tirelessly for his or her clients over the past 20 years, and we want them an satisfying retirement.”
Bolttech Insurance coverage, the Hong Kong unit of Singapore-based insurtech firm bolttech, has additionally launched a brand new journey insurance coverage providing.
Referred to as MyTravel, the two-tier providing is obtainable solely by means of FWD’s on-line insurance coverage platform.
Underneath the MyTravel superior plan, clients are reimbursed as much as HK$25,000 ($3,197) for adjustments in journey dates or cancellations, capped at 50% of the general public transportation and lodging prices.
Along with cancellation protection, MyTravel presents compensation for missed occasions as a result of illness or accidents.
