International Affinity Leader
For affinity partners, trade associations, and franchises, finding new ways to capture growth and reduce risk for members is a key component of success.
Whether you oversee a global corporation or a smaller enterprise, creating an affinity group insurance scheme can help you offer new value while attracting more business. An affinity group insurance scheme provides greater control over risk management and the ability to capture new cost efficiencies, reduce claims frequency, and improve member safety.
Although the benefits are clear, many organizations lack the time, resources, or internal expertise needed to manage a successful affinity group insurance program. At Marsh, we will help design, implement, and support a full range of insurance and risk management solutions built around the needs of your own members.
An affinity organization is formed around a shared interest or goal, to which individuals formally or informally belong. Some common examples include alumni associations, business groups, and military organizations.
In addition to these, affinity organizations also include:
To better pursue members' interests, affinity group leaders should look toward an insurance scheme designed around their unique needs and risks.
Affinity insurance provides policies unique to the members of the group. By pooling together risk, participants are able to reduce the costs of coverage.
By creating a program specific to your own group, your organization is able to build a customizable plan that offers the solutions to risk areas that more generic policies likely will not address.
Affinity insurance offers pricing stability, insurance coverage stability, and improved services.
A cost-effective insurance scheme, designed exclusively around the interest of your customers, members, or franchisees, can help you pursue your own business objectives and enhance the reputation of your company or organization. By providing this added value, you can strengthen relationships, helping you attract and retain loyal members.
A new affinity insurance scheme can also create an additional income stream for your business by introducing a structure that pays commission to you.
When creating a scheme that directly benefits members of your affinity group, it's crucial to consider any membership requirements and any other unique considerations, business protections, and pricing.
After deciding to form an affinity insurance scheme, you’ll need a captive manager to lead the process.
At Marsh, we can help you set up an affinity insurance scheme tailored to the unique risk needs of your potential insureds. By understanding the threats you and your affiliates face within the context of your business, we gain insight that helps us define the risks to be covered and create a solution tailored to your specific risk profile.
Our experienced team will work with you to define, design, and deliver the right products for your affinity group members.
International Affinity Leader
Affinity Sales Leader - International
Affinity Leader - UK
Executive Head, Consumer and Commercial – Africa
Affinity Leader – Asia
Affinity Leader – Continental Europe
Affinity Leader – Latin America and Caribbean
Affinity Leader – Middle East and North Africa
Affinity Leader – Pacific