2. Why Would Anyone Need Travel
Insurance?
• Local Insurance Plans Routinely Do Not Extend
Internationally
• Social Medical Programs Are Constrained by Geographic
Location
• Visas Often Predicated (Schengen Treaty) on Medical Cover
Existing Schemes Typically Provide No Coverage for:
• Emergency Medical Evacuation
• Repatriation of Remains
• Trip Delay
• Lost Checked Luggage
• Many, Many More Exposures
3. Why Sell Beacon Travel Insurance?
• Vast market – The US has the Greatest Amount of Travel
Activity on the Continent Means Huge Opportunity
• Product Quality – the Beacon Series Offers the Most for the
Money Available
• Insurer Stability – Lloyd’s, London is the Most Recognized
Insurance Name in the World and Highly Stable Means
Instant Credibility
• Service-First Culture of Azimuth Risk Solutions Means
Satisfied Clients
• Ease of implementation – Completed Agreement Will
Deliver Agent-Specific Link Immediately Means No Waiting
to Get Selling
• Competitive Compensation Means Money in Your Pocket
4. Who Is Azimuth Risk Solutions, LLC
• Managing General Underwriter for Lloyd’s,
London
• Service-First Culture for Agents and Clients
• Designs, Develops, Administers, Claims
Payment, Client Service, Underwriting on
Behalf of Lloyd’s
• Staff Has 30+ Years Experience in International
Market
• Based in Indianapolis, Indiana, USA
5. Who Is Lloyd’s, London
• Oldest and Largest Insurance Market in the
World
• 320+ Year Record of Paying Every Eligible
Claim Presented
• “A” Rated by A.M. Best and Standard & Poors
• Lead Syndicate for Azimuth Risk Solutions, LLC
is Kiln/Mathers, Plc.
6. What is the Beacon Travel Insurance
Plan?
• Guaranteed Issue, Travel Medical Insurance Plan
Designed to Provide Coverage for Accidents and
Unforeseeable Illnesses
• Available for Time Periods from 5 Days up to a
Total of 24 Months
• Coverage for Anyone Traveling Outside of His
Home Country or Those Traveling to Any Country
• Choice of Overall Maximum Limits up to $1
Million USD; Choice of Deductibles $0 up to
$2500
7. What Are the Benefits?
• In/Outpatient Care
• Prescription Drugs
• Intensive Care
• Local Ambulance Charges
• Emergency Medical Evacuation
• Repatriation of Remains
• Lost Checked Luggage
• Accidental Death & Dismemberment
• Acts of Terrorism
• Assistance Services – Travel Advisories, Medical
Referrals, Crisis Cash Advance & more
8. How Would it Work?
• Instant Online Quoting and Application
System
• Real Time Online Transactions via Credit Card
• Instant Fulfillment Document Delivery
• Travelers May Extend Plan Length Online
• Travel Groups (5+ Travelers) are Quoted
within Two Business Days
• Group Fulfillments are Delivered via Email to
Group Leader for Distribution
9. Claims Handling
• In the US, MultiPlan Network (
www.multiplan.com) with over 450,000
healthcare providers available
• Outside the US, Precertification Allows
Azimuth to Arrange for Direct Settlement in
Most Instances
• If Claim is Settled by Client, Reimbursement
Within 10 Business Days
10. How to Get Started?
• Clients visit www.yourwebsite.com and Select
“International Health & Travel Insurance” Link
to Submit Applications
• Group Travel by Completing Excel
Spreadsheet for Travel Group Quotation
11. Thank You!
Azimuth Risk Solutions Looks Forward to Serving
Your Travel Insurance Needs, So Let Us Get
Things “Going Your Way”
Editor's Notes
The EU Schengen Countries require at least 36,000 Euro of coverage for medical expenses. The Beacon Series meets and exceeds this need.
Lloyd’s is an insurance market, not an insurance company. Azimuth places business with Kiln/Mathers Syndicates 807 and 308. Kiln has been awarded multiple times the distinction of Top Managing Agency within the Lloyd’s market. Kiln/Mathers is wholly owned by Tokio Marine, a holding company for global insurance operations, including Japan’s oldest and largest property and casualty insurer.
Quoting system allows for plan review, rate calculation, purchase and/or saved applications for return and completion. All available 24/7. Fulfillment includes: Receipt for the transaction, identification card(s), visa letter (to provide to embassy/consulate to obtain travel visa), welcome letter and Evidence of Insurance
Clients will soon also be able to view claims status via www.azimuthrisk.com once integration between Korak and Azimuth is complete
This can easily change. We can link the quoter to whatever site is appropriate