The Travel Guard Travel Insurance Company

Travel Guard is a North American travel insurance provider. It specializes in providing travel insurance, assistance and emergency travel service plans.

The History

In 1982 John Noel developed the Travel Guard product while he was working at Sentry Insurance. Soon, John purchased the rights to Travel Guard and by 1985 Travel Guard was operating out of the basement of its founder’s home. The company acquired Marathon Travel Shops in 1987. Then, in 1991, the Travel Guard was acquired by French-based GMF, but Noel reacquired the company in 1993. 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. Travel Guard remains based in Stevens Point, Wisconsin with a new CEO, Dean Sivley, to serve as the company’s Chief Executive Officer. In July of 2009, Travel Guard moved to its new home in a business park located off I-39 in Stevens Point.

Travel Guard is headquartered in Stevens Point, Wisconsin with worldwide assistance centers in Houston, TX; Fort Lauderdale, FL; Toronto, Canada; Madison, WI; the United Kingdom and Buenos Aires.

The History of the Seven Corners Inc. Travel Insurance

Seven Corners was founded in 1993 as Specialty Risk International Inc. (SRI), specializing in travel medical insurance programs. As the business grew, it expanded its product line to include trip insurance and 24-hour worldwide assistance services and claims processing. The company changed names in 2007 to Seven Corners Inc.

Today Seven Corners has relationships with several A.M. Best, A-rated insurance carriers including Virginia Surety Company, Inc.; The Insurance Company of the State of Pennsylvania, American International Group (AIG); Nationwide Mutual Insurance Company; Certain Underwriters of Lloyd's of London; and Fairmont Specialty Group, a division of Crum & Forster.

In 2007 Seven Corners processed $100+ million in claims and responded to 15,000+ policy-holder inquiries each month. From 2007 to 2008, the company experienced a 20 percent rate of growth in travel medical insurance policies.