Arch Insurance launches voluntary employee benefits products

Arch Insurance North America launched a new suite of voluntary group insurance products for employers, brokers, and agents, expanding its employee benefits offerings with accident medical expense reimbursement, hospital cash indemnity, and annual travel insurance.

The new products are designed to supplement employer-sponsored benefits without requiring medical underwriting. The accident medical expense coverage reimburses eligible out-of-pocket medical costs following an accident, while the hospital cash indemnity product provides a daily benefit during hospitalization due to accident or illness. The annual travel insurance product offers year-round coverage for personal leisure travel, including trip cancellation, emergency medical expenses, emergency evacuation, and baggage delays.

The launch expands Arch Insurance’s Accident & Health portfolio, which also includes short-term disability, paid family and medical leave, business travel accident, and Medical GAP insurance.