The insurer and the online travel booking site came to a deal to provide consumers with more options. American Insurance Group and Expedia have reached a deal that will sell AIG travel insurance on the popular website. On the insurance company’s side, the agreement was a part of a broader strategy. CEO Brian Duperreault is seeking to broaden the insurer’s each and grow its size. This new partnership with Expedia is actually the insurer’s second travel insurance deal five months. Two AIG travel insurance deals have been reached in under…
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Travel insurance company steps up to cover people affected by Trump’s ban
AXA Insurance UK has promised to compensate customers for costs resulting from the “unprecedented” decision. A British travel insurance company called AXA Insurance UK has announced that it will cover costs resulting from President Trump’s “unprecedented and unforeseen” executive order. Trump placed a travel ban on Muslim residents of seven countries, barring them entry to the U.S. The executive order threw a wrench into the travel plans of thousands of people. Though this type of event is not technically covered by a travel insurance policy, AXA Insurance UK has said…
Read MoreTravel Insurance Awareness Day announced by Access America
US travel insurance and assistance leader, Access America, has announced the launch of Travel Insurance Awareness Day on September 7, 2011. In conjunction with this announcement it will be conducting an event among Orbitz.com customers to find out their top reasons for failing to purchase travel insurance. This event will become a prominent feature of the Orbitz.com website and will provide the site’s visitors with the opportunity to share in a total of $1,000 worth of gift cards when they enter their reasons. This awareness and promotion event is designed…
Read MoreThe return of the vacation and travel insurance
According to survey results by Mondial Assistance USA, a travel insurance company, the majority of Americans intend to take a vacation in 2011, a situation that has not been seen since the start of the global economic crisis. The insurer, based in Richmond, Virginia, found that 51 percent of Americans claim to be either “somewhat confident” or “confident” that they will be taking a vacation of a minimum of one week in length, and that will be at least 100 miles away from their primary residence. This is an increase…
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