Innovator Spotlight: InsureMyTrip.com

Warwick company expands rapidly with online travel insurance servics

InsureMyTrip CEO Jim Grace, who pioneered travel insurance on the Internet in 1995, launched the website in June of 2000 as the first online travel insurance aggregator. The company started with just two employees, including Grace, and now employs nearly 40 technology, insurance and business professionals. InsureMyTrip.com is a subsidiary of IMT Services Corporation headquartered in Warwick. IMT holds additional offices and data centers in Connecticut and Oregon.

InsureMyTrip.com offers users a one-stop shop to buy travel insurance for their vacation or for business trips. Users are able to compare more than 100 travel insurance plans from 22 insurance companies with real-time quotes...

...Why would the "Orbitz of travel insurance" choose to locate in Rhode Island? "The state has a business ‘mindset’ that is open-minded, creative, energetic and progressive," Corliss says. "It is the ideal environment in which to launch a seedling business, to expand an adolescent, forward-thinking company, and support the established powerhouse."

IMT’s potential to become the "established powerhouse" from its current status as an "adolescent, forward-thinking company" is evident in the exponential growth the company has experienced over the past eight years. The company recently renovated their Warwick headquarters to create a better, larger and more efficient work environment for their employees. With this bigger and better environment for their larger workforce, IMT Services expanded their operations into Canada in 2006, serving nine provinces in the country... 

 

Full Story: Innovator Spotlight: InsureMyTrip.com Source: RIEDC, January 22nd, 2008

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