Generali Global Assistance acquires travel insurance provider Trip Mate
GGA acquired the travel insurer from Arthur J. Gallagher & Co.
Generali Global Assistance (GGA) announced today that it has acquired travel insurance provider Trip Mate from Arthur J. Gallagher.
The acquisition comes as GGA works to continue to expand its line of travel insurance products.
Under GGA, Trip Mate will continue to trade under its current brand, but now under the umbrella of GGA companies in the US.
Representatives for both GGA and Trip Mate say in this deal, Trip Mate will benefit from the global reach, scale and resources of a global travel insurance partner in GGA, who will also benefit from new services, technology and process efficiencies. In their announcement, Generali says they anticipate to be able to introduce all new products in 2019.
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