AusBN – Beazley, the specialist insurer, has introduced its first international business travel insurance product into the Australian market.
Australian brokers and coverholders will be offered the Beazley Corporate Travel Insurance.
Business travellers can use the specialist cover for overseas emergency medical costs, travel disruption or booking cancellations.
Businesses are also protected against a range of losses including personal accident and sickness, theft, damage, rental vehicle excess and personal liability and extra territorial works compensation benefits.
The company will also be insured in times of political unrest or in the case of a natural disaster.
Beazley underwriter Andrew May said: “We have offered non-business travel insurance for seven years, and felt it was timely to expand our offer to the business travel insurance market to take advantage of the maturity and relative stability of the local market.
“As a specialist insurer, we are able to offer a product that is clear, easy to understand and to use – something we believe will really appeal to both brokers and their clients.”