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InsureMyTrip | March 05, 2020
Travel insurance comparison site InsureMyTrip has launched educational resources to help travelers understand the impact of the coronavirus. The company reported a 245% increase in policies sold since January 21 that include a “cancel for any reason” benefit. Travel insurance agents are also predicting that more travelers will try to postpone trips or seek alternative destinations as the coronavirus outbreak unfolds, InsureMyTrip said. The company’s educational materials about ...
InsureMyTrip | February 23, 2022
Travel insurance companies have reported a significant increase in travel insurance claims in recent weeks, according to licensed travel insurance agents at InsureMyTrip. With an upsurge in recent claims submissions, travelers should anticipate possible delays.
"Many trips were affected by the Omicron surge and other factors, especially during December and January. Those travelers, who have coverage, are likely in the process of submitting claims to their insura...
Gallagher | January 13, 2020
The Caribbean insurance broker provides property/casualty, and employee benefits products and services to private, public, and multinational companies. Arthur J. Gallagher & Co. (Gallagher) has acquired a 60% stake in Risk Management Services (RMS), a Caribbean insurance broker, for an undisclosed price. Risk Management Services is based in Port of Spain, Trinidad and Tobago. It was established in 1978 as a subsidiary of the Neal & Massy Group with an objective to address the insurance a...
AXA XL | January 13, 2020
The activities surrounding the mega-merger of AXA and XL Group’s businesses are far from over. Today, AXA XL announced that it has now merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Company SE (XLICSE). This move was a follow-on from the acquisition of XL Group by AXA that was completed all the way back in September 2018. The ACS, AXA ART, and XLICSE merger has been approved by regulatory authorities, including the Central Bank of Ireland and the Irish High Court, and t...
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