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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.
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]
AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.
Travelers can purchase insurance plans directly from providers like John Hancock, AIG Travel and Seven Corners, which Forbes Advisor called the "best value for superior coverage" this June.
Travel Guard founder and American philanthropist, John M. Noel. John M. Noel (born February 26, 1948) is an American entrepreneur and philanthropist best known for founding Travel Guard International, [1] the world's largest travel insurer and a division of the American International Group subsidiary, Chartis.
Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in subsequent years. [14] In September 2023, it was announced Corebridge had sold its subsidiary, the London -headquartered life insurance company AIG Life Limited (AIG Life UK) to the British ...
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