Global travel risk manager acquired by specialty insurerReprints
Specialty insurer Tokio Marine HCC on Thursday said that it has acquired Salem, New Hampshire-based On Call International L.L.C.
Terms of the transaction were not disclosed.
On Call International designs travel risk management plans that provide medical, travel, political and natural disaster coverage. The company provides risk management services that include medical evacuation and emergency assistance, to travelers around the world, Houston-based Tokio Marine HCC said in a statement.
“On Call has a long and successful track record of providing unparalleled global travel risk management services, and HCC Specialty has benefited from these services as a satisfied client for five years,” Bill Hubbard, president and CEO of Wakefield, Massachusetts-based HCC Specialty, a Tokio Marine HCC division, said in the statement. “In today’s increasingly perilous world for travelers, we’ve brought this vital service in-house, helping us to increase our competitive edge by offering a superior customer experience.”