NEW YORK - Thursday, July 7th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Starr Companies announced today that Assist Card Smalline S.A. “Assist Card,” a wholly owned subsidiary, signed a Letter of Intent with Asistur S.A. “Asistur,” domiciled in Cuba, to provide travel assistance services to the growing number of authorized travelers to Cuba.
Assist Card and Asistur signed the agreement during a recent visit by the Cuba Consortium to Havana, Cuba. “Agreements like these are important steps in expanding trade relationships between U.S. and Cuban companies,” says Maurice R. Greenberg, Chairman, Starr Companies. “We look forward to continued efforts.”
The Cuba Consortium is a nonprofit organization formed to advance sound foreign and domestic policies for U.S. - Cuban relations. It is guided by an advisory board, co-chaired by former Senators Nancy Kassebaum Baker (R-Kansas) and Tom Daschle (D-South Dakota). The board comprises former officials, thought leaders and international business leaders including Mr. Greenberg, a founding member.
Starr Companies (or Starr) is the worldwide marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C.V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident & health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, Hong Kong and Singapore each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong). Starr’s insurance company subsidiary domiciled in China has an A.M. Best rating of “A-” (Excellent).
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Paula Negro, 212-884-0561
Director of Content, Communications and Media Relations