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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.
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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Not only have travel insurance claims increased, but so have the rates of denial. This year, travel insurance claim denials are up 33% over last year, according to Squaremouth data.
Travel insurance companies are backed up with claims from a busy summer and an unexpectedly active fall travel season. But you can speed up the claims process by being meticulous about your ...
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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]