TIC Travel Insurance Coordinators becomes Allianz Global Assistance

TORONTO, Nov. 16, 2015 /CNW/ - Allianz Global Assistance and TIC Travel Insurance Coordinators (TIC), which merged to form one of Canada's largest providers of travel insurance and assistance in January 2015, officially became one in both name and brand on November 16^th, 2015.

According to Canadian CEO, Daniel Wichels, the rebranding of TIC to Allianz Global Assistance will have positive implications for partners and their customers, as well as for new business prospects.

"This rebranding is an important and symbolic milestone in the integration of our recently merged entity," says Wichels. "Our market presence will be strengthened as a result, thanks to having a unified brand identity across all channels we operate in. It will also improve the consistency of our product and service offerings, presenting existing and new partners with more opportunities to cross-promote our unique travel insurance solutions."

Partners and customers who were previously serviced under TIC will also benefit from the strength of the Allianz brand worldwide.

"Allianz routinely ranks among the top brands globally in terms of brand value and recognition," Wichels continues. "The Allianz name is 125 years old and can be found in all corners of the world, appearing on financial institutions across Europe and Asia, on stadiums in Germany, France, Australia and Brazil, and through sponsorships of major sporting and cultural events."

"From a travel insurance perspective, this unparalleled international presence creates a significant advantage, since medical providers worldwide recognize Allianz Global Assistance as a name they can trust. This brand strength and recognition can result in more responsive care in times of need, which is reassuring for both our partners and their customers who travel abroad," says Wichels.

Allianz Global Assistance, which holds long-standing partnerships with many of Canada's best known travel, financial and insurance brands, will complete the transition from TIC to Allianz Global Assistance on November 16^th. There will be no interruption in service to partners or customers as a result of this brand transition.

Allianz Global Assistance (Canada)
For more than 50 years, Allianz Global Assistance has supported travelling Canadians when they need it most with value-added travel insurance and assistance services. More than 600 employees support long-term partnerships with some of the best known brands in the travel and financial services markets. The company also serves as an outsource provider for in-bound call centre services and claims administration for health insurers, property and casualty insurers and credit card companies. Allianz Global Assistance is the registered business name for AZGA Service Canada Inc. and AZGA Insurance Agency Canada Ltd. For more information, visit http://www.allianz-assistance.ca

Allianz Global Assistance (Worldwide)
International leader in assistance, travel Insurance and health, home and lifecare services, today Allianz Global Assistance's global family counts more than 12 700 employees who live to help. They speak 58 different languages and work hand in hand with a vast, global network of service providers and correspondents. 250 million people, or 4% of the world's total population, benefit from its services, which they provide on all five continents.

SOURCE Allianz Global Assistance

Press Contact: Dan Keon, Director of Marketing and Communications, Allianz Global Assistance, Email: [email protected], Phone: [phone]