Seven Corners Inc
Seven Corners Inc. is a privately held American insurance corporation. Its $5 million global corporate headquarters are located in Carmel, Indiana, just north of Indianapolis. Seven Corners serves business, government, leisure, student, and missionary/volunteer travelers and provides international medical and travel insurance policies to U.S. citizens traveling out of the country and to foreign nationals visiting the United States. The company maintains a network of international health care providers—including thousands of doctors, pharmacies and hospitals worldwide—and more than 30,000 agents.
Seven Corners is a member of the United States Travel Insurance Association, is certified by the General Services Administration (GSA), and currently is pursuing a SAS 70 Type II compliant designation.
History
Seven Corners was founded in 1993 as Specialty Risk International Inc. (SRI), specializing in travel medical insurance programs. As the business grew, it expanded its product line to include trip insurance and 24-hour worldwide assistance services and claims processing. The company changed names in 2007 to Seven Corners Inc.
Today Seven Corners has relationships with several A.M. Best, A-rated insurance carriers including Virginia Surety Company, Inc.; The Insurance Company of the State of Pennsylvania, American International Group (AIG); Nationwide Mutual Insurance Company; Certain Underwriters of Lloyd's of London; and Fairmont Specialty Group, a division of Crum & Forster.
In 2007 Seven Corners processed $100+ million in claims and responded to 15,000+ policy-holder inquiries each month. From 2007 to 2008, the company experienced a 20 percent rate of growth in travel medical insurance policies.
In 2008 Seven Corners again expanded its product line to include medical tourism insurance for persons who seek medical, dental or cosmetic health care procedures abroad.
Travel Medical Insurance
Seven Corners offers a variety of travel medical insurance policies designed to protect domestic and international travelers from unexpected medical conditions arising while overseas. It also provides health coverage for international citizens traveling to the United States for business, pleasure, education or to immigrate.
Medical Tourism Insurance
Seven Corners offers medical tourism insurance for persons traveling outside his or her home country to obtain health care services. The plan provides worldwide emergency medical evacuation and repatriation and covers any complications resulting from the procedure that arise after the patient returns home. In addition, the plan protects the patient and a companion against unexpected illness or accidental injury unrelated to the scheduled medical procedure and any non-refundable travel expenses in the event of a cancellation.
Travel Insurance
Seven Corners also offers insurance policies protecting domestic and international travelers against trip cancellation and interruption; airline delays and bankruptcies; lost tickets/luggage; emergency medical evacuation/repatriation; and other incidental coverage and services.
Corporate Governance
James Krampen, Jr., Executive Officer, Principal and Co-founder1 Justin Tysdal, Executive Officer, Principal and Co-Founder2 Bill Tysdal, Executive Officer and Principal3