newsletter

Client Type: Business Associations

In many countries, associations and trade unions show a growing interest in the provision of financial and other services to their members. They seek to leverage their buying power to procure favourable deals for their members. The favourable risk characteristics of the members of professional associations often make them attractive as potential customers to insurance institutions.

Perhaps unsurprisingly, general liability or professional indemnity insurance is the type of financial service most commonly intermediated by professional associations with some making it available within the cost of the annual membership fee. Clearly, there is a strong logic for doing this given that it is a form of insurance intrinsically linked to the professional activity itself. Nevertheless, there is an opportunity and need to offer more insurance as members often appreciate the efforts of their association.

Bengrip specializes in supporting business and professional associations. We can develop new insurance programs after carefully analyzing the needs of the industry and your members. We can also analyze you existing insurance programs to see if you have fully leveraged your buying power, and are effectively promoting it to your members.

Let us help you in creating and promoting appreciated benefits to your members. Please contact us for more information.

 

More information and examples of insurance programs for the members of business associations:

Insurance for Spanish Association of Young Entrepreneurs

Insurance thru German Associations

SME insurance must be targeted

American Meat Institute announces new Affinity Insurance Program

Deutsche Hausärzteverband and AXA Krankenversicherung investigate long-term partnership

Share this article