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In 1987, it acquired Marathon Travel Shops. In 1993, two years after selling it to GMF, its founder reacquires Travel Guard from the French firm. 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 AIG acquired Travel Guard.
Berkshire Hathaway Travel Protection (BHTP) is a North American-based travel insurance company, headquartered in Stevens Point, Wisconsin.. Business lines include traditional travel insurance offerings for leisure travelers, a travel-agent errors-and-omissions insurance group, travel insurance underwriting for Managing General Agents (MGAs) and claims administration services.
When the company was sold to AIG in 2006, [4] Travel Guard was producing nearly $250M in annual gross premium. Noel remained as Travel Guard's CEO until 2009, [5] exceeding revenue and profitability goals over the three years from the sale of the company to his departure. During that time, Noel also helped create an errors-and-omissions ...
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