TRG's Founder and President, John Michel, served as a national underwriter for one of the largest Customs bond companies.
Trade Risk Guaranty began in the Chicago suburb of Barrington when John Michel, the founder, realized that certain products and services in the trade industry could be provided directly from the insurance agency, resulting in lower prices and higher levels of expert customer service. At the start of business, the U.S. Customs Bond was TRG’s primary product.
The new partner joins TRG and brings the expertise needed to start providing clients with Marine Cargo Insurance.
Trade Risk Guaranty partners with Hanover Insurance in order to provide the highest level of service for U.S. Customs Bonds.
About The Hanover Insurance Group
The Hanover Insurance Group, located in Worcester, Massachusetts, has provided a wide range of property and casualty products and services to individuals, families, and businesses for over 160 years. Trade Risk Guaranty has worked with Hanover for more than 20 years to provide U.S. Customs bonds to the international trade world. Learn more about the Hanover Insurance Group.
As the team grows, TRG moves its office location to Lakemoor, Illinois, a suburb of the Chicago area.
TRG begins working with a London underwriting agent to establish a direct connection with Lloyd's of London.
John Michel moves to Big Sky, Montana to revel in the beauty of the Northern Rockies and continues to run the Lakemoor office remotely.
The TRG team expands to include a second office located in Big Sky, Montana.
Trade Risk Guaranty expands its client services to offer Custom Brokerage and Freight Forwarding services through a sister company called TRG Direct (now known as Strix).
TRG partners with Vectura Underwriting to provide a higher level of service on Marine Cargo Insurance.
After becoming accustomed to the beauty of Montana, TRG moved the entire team to a new office in Bozeman, Montana. Bozeman was selected because of its large talent pool and growing infrastructure.
A second office opens on the MSU campus to accommodate the growing TRG team and incorporate interns from Montana State University.
TRG hits a new record of 10,000 clients!
By partnering with Hudson Insurance Group, TRG adds an additional option for U.S. Customs Bonds.
About Hudson Insurance Group
Hudson Insurance Group, headquartered in New York City, is the US Insurance Division of OdysseyRe, a leading worldwide underwriter of reinsurance and specialty insurance. Hudson’s focus on finding high-quality solutions for the risks their business partners, producers and policyholders face is what makes them a fitting partner for Trade Risk Guaranty. Learn more about the Hudson Insurance Group.
The TRG team consolidates into one main headquarters in downtown Bozeman, Montana above the historic Rocking 'R' Bar.
Trade Risk Guaranty celebrates its 25th year of providing import solution services to the international trade community.
TRG Direct rebrands under their own leadership to form TRG's sister company Strix.