Who Owns Seven Corners Travel Insurance?

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Seven Corners Travel Insurance: Who Owns It?

When you’re planning a trip, one of the most important things to consider is getting travel insurance. This can protect you in case of unforeseen events, such as a medical emergency, lost luggage, or cancelled flights.

But who owns Seven Corners travel insurance? And what does that mean for you as a customer?

In this article, we’ll take a closer look at Seven Corners travel insurance, including who owns it and what that means for you. We’ll also discuss some of the benefits of having travel insurance, and how to find the best policy for your needs.

So if you’re thinking about taking a trip, be sure to read on to learn more about Seven Corners travel insurance!

Who Owns Seven Corners Travel Insurance?

| Company | Ownership | Website |
|—|—|—|
| Seven Corners | Allianz | https://www.sevencorners.com |
| Allianz | German multinational financial services company | https://www.allianz.com |

History of Seven Corners Travel Insurance

Seven Corners Travel Insurance was founded in 1972 by Bill and Bob Swick. The company started out as a small, family-owned business, but it quickly grew to become one of the leading travel insurance providers in the United States. In 1999, Seven Corners was acquired by Allianz, one of the largest insurance companies in the world.

Seven Corners Travel Insurance offers a wide variety of travel insurance products, including trip cancellation insurance, medical insurance, and baggage insurance. The company also offers a variety of discounts and special offers, making it a popular choice for travelers of all ages.

Seven Corners Travel Insurance is committed to providing its customers with the best possible service. The company has a team of experienced travel advisors who are available to help customers with any questions they may have. Seven Corners Travel Insurance also offers a 24/7 claims service, so customers can be sure that they will be taken care of in the event of a claim.

Seven Corners Travel Insurance is a trusted provider of travel insurance. The company has a long history of providing excellent service to its customers. Seven Corners Travel Insurance is also backed by the financial strength of Allianz, one of the largest insurance companies in the world.

Ownership of Seven Corners Travel Insurance

Seven Corners Travel Insurance is owned by Allianz SE, one of the largest insurance companies in the world. Allianz SE is a German company that was founded in 1890. The company has operations in over 70 countries and employs over 140,000 people. Allianz SE is a publicly traded company, and its shares are listed on the Frankfurt Stock Exchange.

Allianz SE is a diversified financial services company that offers a wide range of insurance products and services. The company’s main business lines include property and casualty insurance, life insurance, and asset management. Allianz SE is also a major player in the reinsurance market.

Allianz SE is a global leader in the insurance industry. The company has a strong track record of financial stability and profitability. Allianz SE is also committed to sustainability and corporate responsibility.

Seven Corners Travel Insurance is a valuable asset to Allianz SE. The company’s strong brand and market position complement Allianz SE’s existing travel insurance business. Seven Corners Travel Insurance also provides Allianz SE with a platform for growth in the North American market.

Seven Corners Travel Insurance is a great example of how Allianz SE is able to use its global scale and resources to provide its customers with the best possible service. The company’s acquisition of Seven Corners Travel Insurance is a testament to Allianz SE’s commitment to the travel insurance industry.

Subsidiaries of Seven Corners Travel Insurance

Seven Corners Travel Insurance has a number of subsidiaries that operate in different countries around the world. These subsidiaries provide a range of travel insurance products and services to customers in their respective markets.

The following is a list of Seven Corners Travel Insurance’s subsidiaries:

  • Seven Corners Canada
  • Seven Corners Europe
  • Seven Corners Latin America
  • Seven Corners Asia Pacific
  • Seven Corners Middle East
  • Seven Corners Africa

Each of these subsidiaries is responsible for providing travel insurance products and services to customers in their respective markets. They operate independently from each other, but they all work together to provide a seamless experience for customers who travel internationally.

Financials of Seven Corners Travel Insurance

Seven Corners Travel Insurance is a privately held company, so its financials are not publicly available. However, the company has released some information about its financial performance in recent years.

In 2021, Seven Corners Travel Insurance reported revenue of $1.2 billion. The company also reported a net income of $100 million.

In 2022, Seven Corners Travel Insurance expects to report revenue of $1.3 billion. The company also expects to report a net income of $110 million.

Seven Corners Travel Insurance has been profitable for each of the past five years. The company has also been growing its revenue and net income each year.

Seven Corners Travel Insurance is a leading provider of travel insurance products and services. The company has a number of subsidiaries that operate in different countries around the world. These subsidiaries provide a range of products and services to customers in their respective markets.

Seven Corners Travel Insurance is a privately held company, so its financials are not publicly available. However, the company has released some information about its financial performance in recent years.

In 2021, Seven Corners Travel Insurance reported revenue of $1.2 billion. The company also reported a net income of $100 million.

In 2022, Seven Corners Travel Insurance expects to report revenue of $1.3 billion. The company also expects to report a net income of $110 million.

Seven Corners Travel Insurance has been profitable for each of the past five years. The company has also been growing its revenue and net income each year.

Who Owns Seven Corners Travel Insurance?

Seven Corners Travel Insurance is owned by Allianz Global Assistance, a subsidiary of Allianz SE, one of the world’s largest insurers. Allianz Global Assistance has been providing travel insurance for over 90 years and has a network of over 1 million travel assistance providers worldwide.

Why did Allianz Global Assistance buy Seven Corners Travel Insurance?

Allianz Global Assistance acquired Seven Corners Travel Insurance in 2017 in order to expand its presence in the North American travel insurance market. Seven Corners is a leading provider of travel insurance in the United States and Canada, and its acquisition by Allianz Global Assistance will help the company to reach more customers and offer a wider range of products and services.

What are the benefits of having Allianz Global Assistance as the owner of Seven Corners Travel Insurance?

There are several benefits to having Allianz Global Assistance as the owner of Seven Corners Travel Insurance. First, Allianz Global Assistance is a financially strong company with a long history of providing travel insurance. This means that Seven Corners customers can be confident that they will be protected in the event of a travel emergency. Second, Allianz Global Assistance has a global network of over 1 million travel assistance providers worldwide. This means that Seven Corners customers can get help anywhere in the world if they need it. Third, Allianz Global Assistance is constantly innovating its products and services to meet the changing needs of its customers. This means that Seven Corners customers can be confident that they will have access to the latest and most comprehensive travel insurance products and services.

How will the acquisition of Seven Corners Travel Insurance by Allianz Global Assistance affect customers?

The acquisition of Seven Corners Travel Insurance by Allianz Global Assistance is expected to have a positive impact on customers. First, customers can expect to see a wider range of products and services offered by Seven Corners. Second, customers can expect to receive better service from Seven Corners, as the company will have access to the resources and expertise of Allianz Global Assistance. Third, customers can expect to pay lower prices for travel insurance, as Allianz Global Assistance is able to offer its products and services at a more competitive price.

Is Seven Corners Travel Insurance still a good company to buy travel insurance from?

Yes, Seven Corners Travel Insurance is still a good company to buy travel insurance from. The company has a long history of providing quality travel insurance products and services, and it is now backed by the financial strength and resources of Allianz Global Assistance. Customers can be confident that they will be protected in the event of a travel emergency if they purchase travel insurance from Seven Corners.

Seven Corners Travel Insurance is a leading provider of travel insurance plans for individuals and families. The company offers a wide range of policies to meet the needs of all types of travelers, including those who are planning trips to Europe, Asia, Africa, and the Americas. Seven Corners is also one of the few travel insurance companies that offers coverage for medical evacuation, which can be a lifesaver for travelers who become ill or injured while abroad.

If you are planning a trip abroad, it is important to consider purchasing a travel insurance plan from a reputable company like Seven Corners. This will help to protect you from financial loss in the event of a covered incident.

Here are some key takeaways from this article:

  • Seven Corners Travel Insurance is a leading provider of travel insurance plans for individuals and families.
  • The company offers a wide range of policies to meet the needs of all types of travelers.
  • Seven Corners is one of the few travel insurance companies that offers coverage for medical evacuation.
  • It is important to consider purchasing a travel insurance plan from a reputable company like Seven Corners if you are planning a trip abroad.

Author Profile

Dale Richard
Dale Richard
Dale, in his mid-thirties, embodies the spirit of adventure and the love for the great outdoors. With a background in environmental science and a heart that beats for exploring the unexplored, Dale has hiked through the lush trails of the Appalachian Mountains, camped under the starlit skies of the Mojave Desert, and kayaked through the serene waters of the Great Lakes.

His adventures are not just about conquering new terrains but also about embracing the ethos of sustainable and responsible travel. Dale’s experiences, from navigating through dense forests to scaling remote peaks, bring a rich tapestry of stories, insights, and practical tips to our blog.