TransGuardian Engages Wells Fargo Insurance Services to Increase Client Benefits Again!

PR Log (Press Release) – Oct 31, 2009 – Wells Fargo Insurance Services has offered, and TransGuardian, Inc. has accepted, a new transit insurance policy, underwritten by Ace Group USA.

TransGuardian, Inc. is the leader in insured online logistics solutions for shippers of high-value cargo.

“Wells Fargo and Ace offer distinct advantages,” said James Moseley, President/Owner of TransGuardian, Inc., “With TransGuardian growing 43% year over year, our expanding client base needs the rapid response to claims and capacity for worldwide coverage that a team like Wells Fargo and Ace can uniquely provide. In today's tough economic climate, TransGuardian's aim is to empower its clientele to become the most competitive and profitable businesses in their industries."

Scott Fuhrman, Vice President of Wells Fargo Insurance Services said, “We have had the pleasure of familiarizing ourselves with TransGuardian’s software and security modules which are extremely impressive in their own right. However, we are equally impressed by TransGuardian’s keen eye for detail, customer retention, and strong management team. Our simple goal is to form a business partnership that directly supports the growth and success of TransGuardian, Inc. We are making the full array of Wells Fargo Insurance Services and Wells Fargo resources available to the TransGuardian team.”

The ACE Group (stock symbol ACE) is one of the world’s largest providers of commercial property and casualty insurance and reinsurance. Its core operating insurance companies are rated A+ for financial strength by Standard & Poor’s and A.M. Best. With more than $72 billion in assets and $19 billion of gross written premiums in 2008, the ACE Group is distinguished by its underwriting expertise, superior claims handling and global franchise, which includes offices in more than 50 countries and clients in over 140 countries.

This policy will cover TransGuardian transit insurance starting November 1, 2009. TransGuardian’s $150,000 maximum per-parcel coverage limits and other terms and conditions remain in force. The new certificate of insurance backed by Wells Fargo and Ace is posted on the TransGuardian website.

TransGuardian’s staff will be happy to answer any and all questions clients may have about all the details of coverage. TransGuardian believes and trusts that their clients will feel secure and pleased with the superior service and coverage this partnership will provide.