Crum & Forster announces the signing of an agreement with Travel Insured International of Glastonbury, Connecticut, pursuant to which it will become a wholly-owned subsidiary of Crum & Forster Holdings, joining the company’s Fairmont Specialty operation.
Travel Insured International is one of North America’s leading providers of travel insurance, offering the highest quality worldwide protection for over 20 years. Fairmont Specialty and Travel Insured enjoy a strategic partnership which dates back to 2000, providing travelers with a relaxed and secure travel experience.
“For many years Travel Insured has valued a very successful relationship with Fairmont Specialty.,” said Travel Insured International CEO Jon Gehris. “Our companies share the same vision, commitment to culture and service. Our existing partnership will be completely seamless for our customers and staff allowing us to accelerate our growth and expand opportunities for both our partners and employees.”
“I am personally excited to welcome Travel Insured to the Fairmont family and to further expand our organization with such a talented group of individuals” said Gary McGeddy, Executive Vice President of Fairmont Specialty. “We have worked with Jon and his team for many years and this is an extremely positive step towards our future growth in the travel market.”
Fairmont Specialty has been underwriting travel insurance for over 15 years and will continue to offer a broad suite of products through various distribution channels. Fairmont Specialty’s philosophy of diversification through its partners and unique industry segments has been a key factor in the success of the Accident & Health portfolio.
Crum & Forster continues to make investments in Fairmont Specialty’s Accident & Health operation to vertically integrate marquis products in its portfolio. This acquisition comes at a time of change and evolution in the travel insurance industry and demonstrates Crum & Forster’s commitment to this marketplace.
About Travel Insured:
Founded in 1994 by Peter Gehris, Travel Insured International is one of the leading travel insurance providers, offering the highest quality worldwide travel insurance protection for over 20 years. Located in Glastonbury, Connecticut, the company offers an array of travel insurance protection benefits including Emergency Assistance and Evacuation, Trip Cancellation and Trip Interruption Protection, Medical Insurance, Baggage Insurance, Airline Ticket Protection, and more. Travel Insured maintains relationships with specialty travel providers and tour operators, as well as provides 24/7 insurance assistance that allows you to travel relaxed, travel secure, and travel insured.
Travel Insured International
855 Winding Brook Drive