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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.
Travel Guard founder and American philanthropist, John M. Noel. John M. Noel (born February 26, 1948) is an American entrepreneur and philanthropist best known for founding Travel Guard International, [1] the world's largest travel insurer and a division of the American International Group subsidiary, Chartis.
AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. [11] AIG was ranked 60th on the 2018 Fortune 500 list. [12] According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. [13]
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Travel insurance can help protect sunk vacation costs, but it's most helpful when trips go awry. WHEN TO BOOK: The best times to score flights, cruises, hotel rooms, rental cars and campsites
AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.
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Tata AIG General Insurance Company, which started its operations in India on 22 January 2001, provides insurance to individuals and corporates. It offers a range of general insurance products including insurance for automobile , home , personal accident, travel , energy, marine , property and casualty as well as specialized financial lines.