In January 2015, Travel Insurance Coordinators (TIC) and Allianz announced they were merging into one of the world’s largest providers of travel insurance and assistance. The union, which was formalized on November 16, 2015, boasted a rebrand: Allianz Global Assistance.
According to Canadian CEO Daniel Wichels, the positive impacts of the unification will be felt across the board. Partners, their customers, and future business will fully benefit from this complementary growth landmark. In the CNW press release on the merger, Wichels also noted that “this combined entity will leverage the strengths of two of Canada’s leading travel insurance companies to enhance their product and service offerings.”
The history of Allianz
Allianz stands tall on the backbone of 125 years of industry experience, and its presence is felt across the world in many different spheres. It has financial institutions based in Europe and Asia and provides sponsorship opportunities across Europe, South America, and Australia, in addition to supporting major sporting and cultural events worldwide.
In Canada, Allianz Global Assistance has been the steadfast source of travel insurance support for Canadian travellers for over 50 years. The company is also well connected to high-ranking partners who specialize in similar product lines—and one such proud partner is Ingle International.
Allianz Global Assistance is truly a worldwide business, with employees speaking over 58 languages and serving over 250 million people across five continents. In other words, it’s a force to be reckoned with.
What you can expect moving forward
Check out the Allianz Global Assistance product spotlight offerings below. Along with the growth, name change, and rebrand, consumers can be rest assured that their services and coverage will remain top notch and uninterrupted. In other words, it’s business as usual.