February 20, 2023

Individual Personal Accident Insurance to Coverhub

Insights Australia
Risk Appetite

24/7 injury and sickness cover available via online platform

Arch Insurance Australia are delighted to announce the addition of Individual Personal Accident & Sickness insurance (IPA) to its suite of products available via its self-service platform CoverHub.

Arch’s IPA product provides 24/7 injury and sickness coverage on a worldwide basis. Offering flexible limits of up to AUD5,000 per week, the product provides clients across a broad range of occupations financial protection against bodily injury, sickness, accidental death and permanent disablement at a competitive price.

By making IPA available via CoverHub, brokers benefit from multiple platform features. In addition to the quick quote and instant bind functionality, users are also able to tailor coverage to meet specific client requirements, including adjusting limits and excesses. The portal also supports real-time referrals and LiveChat access to local underwriters.

Another feature of CoverHub is that it allows brokers to endorse a policy mid-term to provide clients with additional coverage should this be required. Further, Certificates of Currency are provided instantly upon binding.

Commenting on the announcement, Jarrod O’Connor, Underwriting Manager, Accident & Health, said: “By providing IPA on CoverHub we can offer our brokers a true end-to-end experience from initial quote through to renewal. IPA is a critical form of insurance for individuals, and through our platform we can now provide such cover quickly and efficiently, and with the flexibility to meet any client’s required level of cover.”

For more information on the product, please contact the Accident & Health team.