Zurich Insurance Group has successfully acquired the individual insurance and travel assistance business of American International Group (AIG). This strategic move consolidates Zurich’s position as a global leader in the travel insurance industry.
The acquired operations will be integrated with CoverMore Group, Zurich’s specialist travel insurance and assistance subsidiary, under a newly formed entity named Zurich CoverMore, based in the United States.
With this merger, Zurich CoverMore now serves over 20 million customers worldwide and collaborates with more than 200 distribution partners, solidifying its status as one of the world’s foremost travel insurers.
This acquisition underscores Zurich’s commitment to expanding its footprint in the travel insurance sector and delivering exceptional customer experiences across the globe.
