SOURCE: Travelex Insurance Services

Travelex Insurance Services

January 25, 2016 08:53 ET

Travelex Insurance Services Debuts Vacation Ownership Plans

OMAHA, NE--(Marketwired - January 25, 2016) -  Travelex Insurance Services is introducing an expanded portfolio of travel protection plans designed specifically for the vacation ownership, resort, and travel club markets.

As one of the leading travel insurance suppliers in the United States, Travelex Insurance Services has extensive experience in supporting vacation ownership protection plans for world-renowned resorts and timeshare properties. Our Customer Solutions Center is trained and accustomed to assisting clients with plan questions and service requests for all their vacation ownership plans.

Our protection plans are underwritten by Transamerica Casualty Insurance Company, who is licensed in all 50 states, rated A (2nd of 16 ratings) by A.M. Best Company for financial strength, and has over 50 years of underwriting experience and 10 years in the vacation ownership market.

The expanded plan offerings include multi-trip, first payer coverage with benefits that include coverage for trip cancellation, interruption, delay, emergency medical expense, emergency medical evacuation/repatriation, rental car and security deposit protections.

"Travelex Insurance Services is a recognized leader in the travel insurance market with an excellent reputation," said Travelex Insurance Services President Mike Ambrose. "In order to remain a prominent player, we are excited to expand our product line to offer travel protection in all facets of the travel industry, including vacation ownership, resorts and travel club markets."

Vicky Willis joined Travelex Insurance Services as the Director of Sales for these distributions. With several years of hospitality experience and as an active member of the American Resort Development Association (ARDA), including serving on the Supplier Committee, Vicky will be responsible for building relationships with vacation ownership, resort and club partners.

About Travelex Insurance Services:

Travelex Insurance Services, headquartered in Omaha, Nebraska, is a leading travel insurance provider in the United States. The company was founded in 1996 when the Travelex Group purchased the travel insurance distribution services of the Mutual of Omaha Companies. Travelex delivers a wide range of travel protection plans through travel agencies and tour operators in major airports and online at www.travelexinsurance.com.

About the Travelex Group:

Travelex is the world's largest foreign exchange and business payments specialist. The group is also one of the leading global providers of outsourced travel money to banks, travel agencies and other financial institutions. The group serves businesses and individual travelers through nearly 700 banks, stores, malls and airports in four regions: the Americas; United Kingdom; Europe, Middle East and Africa; and Asia Pacific. For more information, visit www.travelex.com.

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