Zurich Insurance Completes $600 Million Acquisition of AIG’s Personal Travel Insurance Business

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Legal Counsel for Zurich and AIG

Zurich Insurance was advised by Skadden Arps Slate Meagher & Flom LLP and Clyde & Co. LLP, with the teams led by partners Elena Coyle and Peter Hodgins, respectively. AIG was represented by Willkie Farr & Gallagher LLP and Norton Rose Fulbright, with their teams headed by partners Laura Delanoy and Robert Rachofsky.

Evercore Group LLC provided financial advisory services to AIG during the deal.

The acquisition is expected to enhance Zurich’s competitive edge in the ever-growing travel insurance market, positioning Zurich Cover-More as a leading provider in the sector.