Italian insurer GENERALI informed that its assistance provider in insurance field - EUROP ASSISTANCE -has acquired from Arthur GALLAGHER a 100% stake of TRIP MATE, a managing general agent leader in the tour operator travel insurance market in the United States.

"The transaction cements the presence of EUROP ASSISTANCE, which operates in the United States through its subsidiary GENERALI Global Assistance, among the top three travel insurance providers in the United States, furthering the Group's position as a leading global travel insurer", announced the italian insurer in a statement published on its website.

TRIP MATE will continue to operate under its current and established brand, maintaining its customer-centric focus on building longstanding partner relationships.

TRIP MATE, based in Kansas City, Missouri, USA is a managing general agent, operating as intermediary between insureds and market place, it works with travel providers, such as tour operators to provide administrative services for claims, product design and underwriting together with a state-of-the-art claims handling service.

EUROP ASSISTANCE is a worldwide leader in care and mobility services, employing 7,530 people, operating in 208 countries. EUROP ASSISTANCE provides travel insurance and assistance, automotive assistance and personal assistance services such as senior care, cyber security, telemedicine and a conciergerie business.