Bupa and AIG to develop new travel insurance products

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Bupa has announced they have teamed up with AIG to develop a range of products and services for the travel insurance market.

The insurers said they will work together to roll-out the new offerings over the next two years.

It will see the provision of a suite of enhanced products and services covering the corporate, SME, and individual sectors.

The agreement brings together Bupa's experience in healthcare and travel insurance and AIG's focus on travel insurance and assistance services.

Bupa said it is keen to expand its travel insurance business and believes the partnership will enable it to better meet customers' demand for "high-quality" travel insurance.

Tony Wood, sales director for Bupa health funding, said: "This is an exciting development and will allow us to offer a wider range of products that will appeal to more customers, at a range of price points.

"We believe this partnership is also good news for intermediaries by helping to expand their business as well as ours."

Michel Faucher, head of accident and health at AIG UK, said: "Through this innovative agreement, AIG can continue to increase its market leading position in the travel insurance market."

 

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