Richmond, VA, June 5, 2023 — Allianz Partners, a worldwide leader in trip insurance and assistance, has announced that it has been selected to provide travel protection products to guests of The Ritz-Carlton Yacht Collection. Travelers can find further peace of mind throughout their travels with access to new benefits and services designed to help them navigate the unexpected and maintain an elevated experience at every point in their journey.
“We are pleased to offer our travel protection and assistance to guests of The Ritz-Carlton Yacht Collection,” said Tom Trotta, Vice President of Sales at Allianz Partners USA. “Travelers setting sail on their fleet of superyachts who select our trip protection can have an even more enjoyable trip knowing that we are here to protect them from the costs of covered unexpected cancellations, interruptions and delays, as well as other situations covered by their policy.”
Allianz Travel Insurance extends financial benefits and professional support when an unanticipated occurrence takes place before or during a voyage, such as covered unforeseen cancellations, interruptions, travel delays and missed connections. Guests of The Ritz-Carlton Yacht Collection can also take advantage of award-winning trip assistance and concierge services provided by Allianz for help with medical emergencies, baggage issues and other travel obstacles covered under the plan.
Additionally, Allianz trip protection will reimburse guests of The Ritz-Carlton Yacht Collection up to 100% of their insured trip cost if they are required to cancel or interrupt their voyage for a reason covered by their plan.* Further benefits under the plan cover up to $50,000 in primary coverage for medical emergencies, up to $1,000,000 for emergency medical transportation costs as well as coverage for lost, delayed or damaged baggage.
“As we continue to build out our growing fleet of superyachts, we are excited for the opportunity to support our valued guests with trusted protection from Allianz,” said Jim Murren, Executive Chairman and Chief Executive Officer of The Ritz-Carlton Yacht Collection. “Their industry-leading services allow us to provide guests with added confidence as they explore the world.”
Guests of The Ritz-Carlton Yacht Collection who select Allianz Travel Insurance will have access to the company’s award-winning TravelSmart™ mobile app, which includes an Alert Center feature that provides users with location-specific travel alerts. The TravelSmart app is the fastest, easiest way to access a travel insurance plan, file and manage a claim, track flights, receive live updates for delays and contact 24-hour travel assistance services with the touch of a button.
About Allianz Partners
Allianz Partners (AGA Service Company) is a leading consumer specialty insurance and assistance company with operation centers in 35 countries. AGA Service Company is doing business as Allianz Global Assistance Insurance Agency in California (License # 0B01400) and Massachusetts. In the United States, the company offers Allianz Travel-branded travel protection plans and served millions of customers last year. In addition to travel insurance, the company offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for property and casualty insurers and credit card companies.
*For Allianz Partners USA products offered and sold in the U.S.: Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. Availability of coverage, including the epidemic-related benefits and covered reasons described here, varies by product and by state. Products may not include all benefits or covered reasons described here. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums. Benefits and limits vary by plan. For a complete description of the benefits and benefit limits offered under your specific plan, carefully review your plan’s Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated “A” (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated “A+” (Superior) by A.M. Best Co., under Jefferson Form No. 101‐C series or 101‐P series, depending on state of residence. A+ (Superior) and A (Excellent) are the 2nd and 3rd highest, respectively, of A.M. Best’s 13 Financial Strength Ratings. Except as otherwise specified, AGA Service Company d/b/a Allianz Global Assistance is the licensed producer and administrator of Allianz Travel-branded travel protection plans in the U.S. and an affiliate of Jefferson Insurance Company. Allianz Global Assistance and TravelSmart are marks of AGA Service Company or its affiliates. The insured shall not receive any special benefit or advantage due to the affiliation between Allianz Global Assistance and Jefferson Insurance Company. Plans include insurance and assistance services. Noninsurance benefits/products are provided and serviced by Allianz Global Assistance.