Travel
Nov 14th, 2008 by David Tompkins
Travel Guard recently changed its name away from AIG Travel Guard. The AIG has been taken out from the name for obvious reasons. With the recent financial troubles of its parent company American International Group, Travel Guard has reshaped their corporate image and brand.
It has been reported that David McGinnity of Travel Guard that while the firm is rebranding, it is still affiliated with AIG Commercial Insurance and that no one can say at this time if the two entities will go their separate ways. He also stated that Travel Guard continues to be a profitable and growing company. In September, the US Federal Reserve gave AIG a $85 billion loan and it has recently been reported that additional money is on the way.
It looks at this time that it is still safe to purchase travel insurance from Travel Guard and the entity continues to be a successful and well run firm with a very large presence in the travel insurance market. Travel Guard notes that their products are underwritten by National Union Fire Insurance Company of Pittsburgh, PA, which has a $12.1 billion surplus. John M. Noel is founder and Chief Executive Officer of Travel Guard. The company sells a variety of travel insurance plans directly to the consumer and also through agent sites such as http://www.globaltravelinsurance.com
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