RSA completes acquisition of travel distributor etfs

RSA Travel Insurance Inc./Assurance Voyage RSA inc. (RSA Travel), part of RSA Canada, has completed its acquisition of the business assets and insurance expertise of travel distributor etfs and the etfs trademark.
“We are delighted to welcome etfs into the RSA Canada family,” said RSA president and CEO Rowan Saunders. “Together, RSA and etfs are a strong presence in the Canadian travel insurance market and a leader in this sector within the RSA group globally.”
Adrian Hall, who currently heads RSA’s personal specialty insurance business, has been named managing director of RSA Travel, which includes the etfs brand.
Together RSA and etfs write almost $100 million in premium and service more than 1,000 distributors and more than 1 million customers.
The deal does not include Global Excel Management Inc. (GEM), the former claims and assistance business of etfs.
RSA will continue its long-term partnership with GEM, which will remain the claims and assistance provider for RSA’s travel business.