Generali Global Assistance Ranked as Leading Travel Insurer in 20192 January 2020
Generali Global Assistance (GGA) today announced that it has been ranked as the leading travel insurance provider with a score of 9.45 by market and consumer data provider Statista.
Statista ranked Generali Global Assistance along with nine of its competitors in the travel insurance industry on scale of 1 – 10 in these respective categories. GGA was ranked nearly a full point above it’s second closest competitor TravelSafe (8.53). This announcement caps off a year of growth for the company, which began in early 2019 with the acquisition of Trip Mate, Inc.
Statista compiled the ratings based on over 240 hours of extensive research which included contacting professionals & industry insiders, posing as travelers looking to insure their trip, and reviewing the entire claims process. To test the various travel insurance offerings, the review team posed as travelers to simulate the same type of vacation plans for each company to compare coverage and cost. They simulated three scenarios with an upfront investment of $5,000 or more, the scenarios included a U.S. – based cruise, a French vacation, and a high-adventure Antarctic vacation. The findings of these tests were then taken and put through a proprietary weighted system used to score the data and rate the companies on a scale of 1 – 10.
“We are excited to be recognized as a leading travel insurance company in the US,” said Chris Carnicelli, CEO of Generali Global Assistance. “Receiving this recognition as leading travel provider inspires us to continue providing the best in both products and service to our customers. Among our goals for 2020 is to continue to provide innovative products specifically designed for today’s modern traveler, in addition to providing transparency and education for the marketplace.”
About Generali Global Assistance
Generali Global Assistance has been a leading provider of travel insurance and other assistance services for more than 25 years. The Company offers a full suite of innovative, vertically integrated travel insurance and emergency services, identity protection solutions, and beneficiary companion services. Generali Global Assistance is part of the multinational Generali Group, which for over 185 years has created a presence in 60 countries with over 76,000 employees. Our success has been built on the foundation of trust that clients have placed in our ability to provide assistance in the most difficult of circumstances.
Generali Global Assistance offers travel insurance through vacation rental and property management companies, leading travel agencies, online travel agencies, other travel suppliers and directly to consumers. For more information on Generali Global Assistance and the policies offered for travelers, please visit: www.generalitravelinsurance.com.
M Group Strategic Communications (for Generali Global Assistance North America)
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Travel insurance plans are administered by Customized Services Administrators, Inc., CA Lic. No. 821931, located in San Diego, CA and doing business as Generali Global Assistance and Insurance Services. Plans are available to residents of the U.S. but may not be available in all jurisdictions. Benefits and services are described on a general basis; certain conditions and exclusions apply. Travel Retailers may not be licensed to sell insurance, in all states, and are not authorized to answer technical questions about the benefits, exclusions, and conditions of this insurance and cannot evaluate the adequacy of your existing insurance. This plan provides insurance coverage for your trip that applies only during the covered trip. You may have coverage from other sources that provides you with similar benefits but may be subject to different restrictions depending upon your other coverages. You may wish to compare the terms of this policy with your existing life, health, home and automobile policies. The purchase of this plan is not required in order to purchase any other travel product or service offered to you by your travel retailers. If you have any questions about your current coverage, call your insurer, insurance agent or broker. This notice provides general information on Generali Global Assistance’s products and services only. The information contained herein is not part of an insurance policy and may not be used to modify any insurance policy that might be issued. In the event the actual policy forms are inconsistent with any information provided herein, the language of the policy forms shall govern.
Travel insurance plans are underwritten by: Generali U.S. Branch, New York, NY; NAIC # 11231. Generali US Branch operates under the following names: Generali Assicurazioni Generali S.P.A. (U.S. Branch) in California, Assicurazioni Generali – U.S. Branch in Colorado, Generali U.S. Branch DBA The General Insurance Company of Trieste & Venice in Oregon, and The General Insurance Company of Trieste and Venice – U.S. Branch in Virginia. Generali US Branch is admitted or licensed to do business in all states and the District of Columbia.