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Travelex Takes the Sting Out of Regulations

OMAHA, NE -- (Marketwire) -- 02/20/13 -- Recently when California travel agencies needed to comply with new state licensing requirements Travelex hosted a series of webinars to assist agency partners in California with understanding the requirements along with walking them through the licensing options available.

Ruth Dick, Corporate Financial Officer, Inspiration Cruises & Tours, said, "Travelex has been so helpful and has taken the 'sting' out of a potentially irritating regulation change. We will happily refer any travel company who asks us how we are navigating the new California insurance licensing regulations to Travelex for assistance. From my perspective, Travelex is the only insurance provider that has offered a reasonable solution to travel agencies like ours."

Making travel insurance easy is a part of the ExFactor commitment Travelex has to their partners. Playing off a popular reality television show, Travelex's new marketing campaign promotes their experienced people, exceptional customer care and excellent products as the ExFactors that will provide travel agents the extra advantage over the competition.

Impressive employee tenure statistics demonstrate experience and dedication to the business. The executive team averages 10 years with the company; with the average Regional Sales Manager tenure at nearly 8 years. This has enabled Travelex to establish a strong, long term relationship with Virtuoso, the industry's leading luxury travel network. Jim Osborne, Virtuoso's Vice President of Air, Space & Specialty Products affirms, "Our travel advisors have voted Travelex the Best Specialty Supplier 5 times which speaks volumes for our partnership. Travelex Regional Sales Managers consult with our Agency Managers and Travel Advisors on best practices, sales techniques and marketing programs to help grow their business and increase revenue. Exceptional service with strong results is exactly why we value our 14 year preferred supplier relationship with Travelex."

The unique rendition of the ExFactor concept has an exclusive tie to the Travelex brand. "Travel agents are not insurance experts," states Christine Buggy, Director of Marketing. "Our ExFactor campaign really says it all. In today's complex travel market, Travelex excels in making travel insurance easy for our partners."

About Travelex Insurance Services:
Travelex Insurance Services, headquartered in Omaha Nebraska, 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.

About the Travelex Group:
Travelex is the world's largest foreign exchange and business payments specialist. The group is also one of the world's leading 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

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2234716

Christine Buggy
Director of Marketing
Travelex Insurance Services
(402) 505-7006

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