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AIG, Expedia team on worldwide travel-insurance deal

Mar. 02, 2018 11:05 AM ETExpedia Group, Inc. (EXPE) StockEXPE, AIGBy: Jason Aycock, SA News Editor10 Comments
  • Expedia Group (EXPE -0.7%) and AIG (AIG -1.5%) have reached a deal where the insurance giant will sell its products to Expedia customers worldwide.
  • That's a second travel-insurance deal in five months for AIG, after it struck an October deal to sell to United Airlines customers.
  • Those mark some low-risk moves to start expanding AIG's reach after a dramatic retrenchment from the 2008 global financial crisis.
  • A travel service business line of Aon Plc will continue to handle U.S. customer claims, the two firms say.

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