“Today’s travelers make significant expenditures for transportation, lodging and other expenses in planning travel,” said Beth McGoldrick, Assistant to the President of John Hancock. “We hope this new line will meet the needs of insurance travel protection many of our customers serve in the United States, and we are pleased to partner with the Old Republic, the operator experienced in this area.”
He added: “We also look Forward to opportunities to expand our distribution, as we add travel agents, corporate finance and other outlets are looking for quality products to sell to their clients.”
Of the old Republic insurance companyOld Republic insurance company is a subsidiary of the old Republic International Corporation (ORIC). Trace its beginnings to 1923 ORIC, although some of its subsidiaries obtain began operations much earlier. The company is one of America’s 50 largest shareholder-owned business insurance. As Underwriters/insurance, old Republic insurance company is obligated to an insured value of the benefits provided by this product.