‘It only makes sense for an insurance provider with Ripcord’s Rescue capability to cover their activities’
Redpoint Resolutions, a medical and travel security risk company owned and operated by special operations veterans and physicians, and Travelex Insurance Services, the 3rd largest retail travel insurance distributor in the U.S., have entered into a strategic partnership to provide Travelex’s adventure travelers Redpoint’s industry-leading Ripcord Rescue Travel InsuranceTM. Ripcord Rescue Travel Insurance is the premier insurance program that combines elite evacuation and rescue services with travel insurance for adventurers.
With more than 55 years of experience in the travel industry, Travelex Insurance Services offers a complete portfolio of travel protection plans for the leisure and specialty travel markets covering basic trips to high-end luxury vacations. Recognizing that adventure travelers are engaging in more daring and thrill-seeking activities, Travelex turned to the unique comprehensive Ripcord Rescue Travel InsuranceTM program to meet the specific needs of this market segment.
“Adventure travel has become more extreme, and those customers are testing their limits to such a degree that it only makes sense for an insurance provider with the Ripcord program’s level of rescue capability to cover their activities,” said Shannon Lofdahl, Senior Vice President of Travelex Insurance Services.
“We are excited about our new partnership with Travelex and look forward combining our resources to offer adventurers the best travel insurance program in the market,” said Redpoint Vice President Tom Bochnowski.
Ripcord Rescue Travel InsuranceTM combines the best evacuation and rescue services with travel insurance benefits such as trip cancellation, trip interruption, lost baggage, primary medical expense coverages, and more. Ripcord is powered by Redpoint Resolutions.
In business for a half-decade, Redpoint covers over 9 million people worldwide.
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.
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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