This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these template messages)
|
Industry | Travel insurance |
---|---|
Founded | 1982 |
Founder | John M. Noel |
Number of locations | Eight global service centers |
Area served | 80+ countries around the world |
Key people | Jeff Rutledge, CEO (2006) Robert Gallagher, COO and Head of U.S. and Canada |
Website | www |
Travel Guard is the product name for travel insurance and assistance services provided by AIG Travel and American International Group, Inc.
In 1982 John M. Noel developed the Travel Guard product while he was working at Sentry Insurance. Soon, John purchased the rights to Travel Guard, [1] and by 1985, Travel Guard was operating out of the basement of its founder’s home. The company acquired Marathon Travel Shops in 1987.
In 1991, French-based GMF acquired Travel Guard. However, in 1993, the company's founder, Noel, reacquired the company.
In 2000, Noel, David LaFayette, and Nathan LaFayette created Travel Guard-Canada to offer travel insurance and travel services to Canadians. In May 2006, New York-based American International Companies, Inc. (AIG) acquired Travel Guard.
In July 2009, the company moved to its new home in a business park located off I-39 in Stevens Point. AIG subsidiary, National Union Fire Insurance Company, underwrites Travel Guard policies.
In 2012, Travel Guard became the product range name for all travel-related products and services of AIG.
AIG Travel has Travel Guard service centers in Stevens Point, WI; Houston, Texas; Brighton, United Kingdom; Kuala Lumpur, Malaysia, Okinawa, Japan; Mexico City, Mexico; Sofia, Bulgaria; and Guangzhou, China. [2]
Gulf and Western Industries, Inc. was an American conglomerate. The company originally focused on manufacturing and resource extraction, but it began purchasing a number of entertainment companies beginning in 1966 and continuing through the 1970s. Most notable among the acquisitions were film studio Paramount Pictures in 1966, television studio Desilu Productions in 1967, arcade and later videogame manufacturer Sega in 1969, book publisher Simon & Schuster in 1975, and a number of music labels including Dot Records. Some of these properties were reorganized under the Paramount brand, with Dot Records becoming the nucleus of Paramount Records and Desilu being renamed Paramount Television.
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets. AIG is the title sponsor of the AIG Women's Open golf tournament. In 2023, for the sixth consecutive year, DiversityInc named AIG among the Top 50 Companies for Diversity list.
AIG is American International Group, an American multinational finance and insurance corporation; the firm's stock symbol on the New York Stock Exchange is also "AIG".
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
General Reinsurance Corporation is an American multinational property/casualty and life/health reinsurance company offering a range of reinsurance products and services. The company is a primarily direct reinsurer and is represented in all major reinsurance markets worldwide through a network of more than 40 offices. Gen Re is a wholly owned subsidiary of Berkshire Hathaway Inc.
Maurice Raymond “Hank” Greenberg is an American business executive and former chairman and chief executive officer of American International Group (AIG).
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest insurance provider in the United States with $815.1 billion in total assets.
Markel Group Inc. is a group of companies headquartered in Richmond, Virginia, and originally founded in 1930 as an insurance company.
The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. It was ranked 160th in Fortune 500 in the year of 2020. The company's earnings are divided between property-and-casualty operations, group benefits and mutual funds.
Farmers Insurance Group is an American insurer group of vehicles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees. Farmers is the trade name for three reciprocal exchanges, Farmers, Fire, and Truck, each a managed by Farmers Group, Inc. as attorney-in-fact on behalf of their respective policyholders. Farmers Group, Inc. is a wholly owned subsidiary of Swiss-based Zurich Insurance Group.
Chico's FAS, Inc. is an American women's clothing and accessories retailer founded in 1983 on Sanibel Island, Florida. Founded by Marvin and Helene Gralnick, it is headquartered in Fort Myers, Florida and operates four brands: its namesake Chico's store, White House Black Market, Soma and TellTale.
General Atlantic, legal main entity General Atlantic Service Company, L.P., is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. The firm was founded in 1980 as the captive investment team for Atlantic Philanthropies, a philanthropic organization founded by Charles F. Feeney, the billionaire co-founder of Duty Free Shoppers Ltd.
Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). Tata Group holds a 51 percent stake in the insurance venture with AIG holding the balance of 49 percent.
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management.
OneMain Holdings, Inc. is an American financial services holding company headquartered in Evansville, Indiana, with central offices throughout the United States. The company wholly owns OneMain Finance Corporation and its subsidiaries, through which it operates in the consumer finance and insurance industries as OneMain Financial. Its business primarily focuses on providing personal loans and optional insurance products to customers with limited access to traditional lenders, such as banks and credit card companies.
John M. Noel is an American entrepreneur and philanthropist best known for founding Travel Guard International, the world's largest travel insurer and a division of the American International Group subsidiary, Chartis.
Brian Charles Duperreault is a Bermuda-born American executive in the insurance industry. He stepped down as executive chairman of American International Group in December 2021.
Berkshire Hathaway Travel Protection (BHTP) is a North American-based travel insurance company, headquartered in Stevens Point, Wisconsin.
Marsh is a global professional services firm, headquartered in New York City with operations in insurance broking and risk management. Marsh is a subsidiary of Marsh McLennan and a member of its Risk & Insurance Services business unit. Currently, approximately 45,400 Marsh employees provide risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services to a wide range of businesses, government entities, professional service organizations and individuals in more than 130 countries. Marsh's $10.208 billion in revenue in 2021 accounted for 52% of the parent company's fiscal year revenue.
Corebridge Financial is an American multinational financial services company. It provides annuities, life insurance, asset management, retirement planning, and other services. Corebridge was formed after AIG performed a spin-off of the company via an IPO in 2022.