Evercore Group LLC provided financial advice to AIG on the transaction, assisting with the deal’s structure and terms.
A Glimpse Into the Future of Travel Insurance
The global travel insurance market continues to evolve, driven by an increasing demand for comprehensive coverage among travelers. With this acquisition, Zurich is poised to dominate a sector where customers are increasingly seeking peace of mind amid growing global uncertainties.
This deal further demonstrates Zurich’s commitment to expanding its international portfolio while solidifying its presence in both emerging and established markets. As Zurich Cover-More begins its journey, it will likely play a pivotal role in shaping the future of travel insurance across the world.
