Insurtech company bolt has joined forces with Arch Insurance to expand the availability of the latter’s Annual Multi-Trip Travel Insurance plan to consumers through the bolt distribution network. 

The integration of Arch Insurance into bolt’s platform, which features more than 100 carriers, aims to enhance insurance options accessible to policy purchasers.  

This collaboration leverages bolt’s technological infrastructure and distribution network alongside Arch Insurance’s expertise in travel insurance. 

Arch Insurance’s travel insurance plan offers coverage for travel contingencies including trip cancellation, interruption, emergency medical services, evacuation, and issues related to baggage and travel delays.  

The plan is structured to cater to the needs of individuals who travel frequently, allowing for a single annual purchase that covers multiple trips. 

The process for obtaining quotes and purchasing can be facilitated within minutes, the insurtech company said.   

Bolt Insurance Capital Solutions senior vice-president Nicole Sivieri said: “We are thrilled to partner with Arch Insurance. This partnership helps further our goal of providing a one-stop shop for a worry-free year of protection, including family vacations, planned and spontaneous.

“Our technology allows us to provide a seamless insurance purchasing process, and we look forward to scaling these capabilities to distribution partners by providing access to Arch’s Annual Multi-Trip Travel Insurance plans.” 

Arch Insurance Accident & Health senior vice-president Jim Villa said: “This collaboration combines Arch’s strong underwriting and technology integration capabilities with bolt’s innovative delivery model, giving customers easy access to dependable coverage for every trip they take.” 

Bolt’s platform facilitates $60bn in quoted premiums each year and enables product distribution throughout all 50 US states.