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AXIS Global Accident & Health Enhances Business Travel Accident Protection with TravelAXIS

^{Published on 2011-11-03 18:45:41 - Market Wire}
 

PRINCETON, N.J.--([ BUSINESS WIRE ])--AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited (NYSE: AXS), today announced the introduction of TravelAXIS, an enhanced travel benefits package designed for businesses and their employees. The TravelAXIS program helps U.S. employers protect their employees when they are traveling on business both domestically and abroad.

"Worldwide business travel is on the rise, which can mean increased risk exposure, whether itas lost luggage, a medical emergency or political unrest"

TravelAXIS is a specialized combination of insurance coverages, consulting and related services that help employers better manage the challenges employees encounter during business travel and includes almost 70 unique and customizable options. The program offers broader insurance benefits, such as medical and security evacuation, out-of-country medical expense coverage, and war risk coverage. TravelAXIS also offers 24/7 consultative service and assistance options including emergency and security consulting from over 400 specialists worldwide, travel and medical emergency assistance from specialists in over 200 countries, and proactive identity theft and fraud resolution services. Additional information is available at [ www.AXISaccidenthealth.com/TravelAXIS ].

aWorldwide business travel is on the rise, which can mean increased risk exposure, whether itas lost luggage, a medical emergency or political unrest,a said James Hamilton, CEO of AXIS Global Accident & Healthas North American Insurance Operations. Mr. Hamilton continued, aTravelAXIS enables employers to tailor a program that offers traditional emergency medical benefits in combination with an array of travel and commuting coverages, or benefits that are specific to certain industries and occupations. We provide a complete business travel solution uniquely suited to the needs of the business community today.a

The services offered as part of the TravelAXIS program are provided by third-party agreements. These include emergency and security consulting and assistance services through red24; identity theft and resolution services through ID Resolution; and travel assistance services through Europ Assistance, USA.

About AXIS Global Accident & Health

AXIS Global Accident & Health offers accident and health insurance and reinsurance cover for employers, affinity groups, financial institutions and other customers through insurance carriers, managing general underwriters, brokers, third party administrators, and other key distributors. U.S. insurance coverage is underwritten by AXIS Insurance Company, and may not be available in all U.S. states and jurisdictions. AXIS Global Accident & Health has a significant capacity for underwriting global reinsurance risks for accident and health insurance carriers. The division has key offices in Princeton, New Jersey; Chicago, Illinois; St. Paul, Minnesota; London, England; Barcelona, Spain; and Dublin, Ireland.

AXIS Global Accident & Health offers a fresh, modern alternative to traditional insurance carriers. Our disciplined and innovative product development process delivers customized, flexible accident and health products to the global market. AXIS Global Accident & Health continually explores opportunities for strategic partnerships and growth. For more information, please visit [ www.AXISaccidenthealth.com ].

About AXIS Capital Holdings Limited

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholdersa equity at September 30, 2011 of $5.4 billion and locations in Bermuda, the United States, Europe, Singapore, Canada and Australia. Its operating subsidiaries have been assigned a rating of aA+a (aStronga) by Standard & Pooras and aAa (aExcellenta) by A.M. Best. AXIS Capital and AXIS Specialty Finance LLC have been assigned senior unsecured debt ratings of A- (stable) by Standard & Pooras and Baa1 (stable) by Moodyas Investors Service. For more information about AXIS Capital, visit our website at [ www.axiscapital.com ].