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Affinion Group
Listen to a Podcast!
The Changing Landscape of Identity Theft
with Wayne Conte
Overview
Affinion Group was founded in 1972 to provide Accidental Death and Dismemberment (AD&D) insurance to credit unions. Since that time, it has become one of the world's leading providers of insurance products and value-added programs.
Affinion focuses on what is most important to its clients: consistent, reliable service, an innovative product line and discount programs. It offers value-added checking services such as AD&D insurance programs and Hospital Accident Protection (HAP) supplemental health care services.
Affinion Group also recently launched a robust ID theft protection and prevention service that offers a range of prevention tools from daily credit monitoring to protection of payment cards and personal checks.
Capturing market share, cross-selling, acquiring new and retaining existing members are major strategic imperatives with Affinion Group in the evolving financial services marketplace. It supports a comprehensive line of products and services that create an extra measure of financial security and peace of mind for the credit unions it serves.
Products/Services
PrivacyGuard, launched by Affinion Group in 1992, is a pre-eminent national identity theft protection product. It offers daily credit monitoring, identity fraud resolution support and identity theft insurance.
You are guaranteed administrative reimbursement regardless of the number of insures.
The marketing program, “You’re #1,” is provided without cost to your credit union. It includes banners, buttons, posters, balloons and more to help you promote the program.
Members receive up to three mailings in the initial 15 months of the program. A “Benefit Statement” mailing to members is scheduled every 15-18 months thereafter or as is consistent with your credit union’s marketing philosophy. Learn more at www.privacyguard.com.
The AD&D Plan was created in 1974 exclusively for credit unions. You can offer your members $1,000 of 24-hour AD&D insurance without cost to them. Members can add coverage from $10,000 to $250,000 for as little as $1 a month per $10,000 of additional protection. Premiums for added protection are automatically deducted from share or share draft accounts via tape or ACH transmission provided quarterly by Affinion Group.
The HAP program pays cash benefits directly to the member in the event of hospitalization due to a covered accident. Insurers may receive as much as $200 for each day they are hospitalized. Members may accept a 60-day trial period at no cost before deciding to purchase the supplemental insurance.
Benefits
- Bonus travel and shopping discounts for members
- Insurance program (AD&D) without cost for CU members
- Easily administered and marketed program
Company
Affinion Group is a leading affinity direct marketer of value-added membership, insurance and package enhancement programs and services to consumers.
With more than 30 years of experience, Affinion Group currently offers its programs and services worldwide through more than 4,500 affinity partners. Its diversified base of affinity partners includes leading companies in a wide variety of industries, including financial services, retail, travel, telecommunications, utilities and Internet. It has over 2,000 credit union clients nationwide.
Affinion Group also has a growing loyalty solutions operation which administers points-based loyalty programs. Based in Norwalk, Conn., Affinion Group has more than 3,000 employees throughout the United States and in 14 countries across Europe.
The Affinion family diligently serves credit unions with the highest member service standards. Its comprehensive line of diversified insurance products, the Member Protect Program, provides an extra measure of financial security and peace of mind for the nearly 10 million credit union members it serves. It provides AD&D in 48 of the top 1,000 credit unions and has more than 30 years in the business.
NAFCU Member-only Benefits
Consulting and program evaluation at no cost
Other Podcasts
Best Practices in Profitable Deposit Acquisition, with industry expert, Todd Werner
Beyond Lock-downs: Comprehensive Strategies to Protect Your Members from ID Theft, with Affinion Group's CEO Tom Rusin
News
July 2009 -- Wayne Conte of Affinion Group Featured as Guest Columnist in NAFCU's The Federal Credit Union Magazine
July 6, 2009 -- Deluxe, Affinion, and Securian Receive NAFCU Services 2009 Innovation Awards
June 3, 2009 -- NAFCU's June 17th Webcast Will Detail the Costs and Best Practices of Handling Cyber Fraud
February 11, 2009 -- NAFCU Services and Affinion Security Center Release Educational Podcast on the Changing Landscape of Identity Theft
August 5, 2008 -- Affinion Wins Innovation Award From NAFCU Services
May 27, 2008 -- Affinion and NAFCU Services Release Free Podcast: 'Beyond Lockdowns: Comprehensive Strategies for ID Theft Protection'
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