Learn how insurance creates a tenured relationship between a consumer
and credit union, find out who is buying insurance, and the impact
insurance has on retention.More...
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 insurance services such as AD&D insurance programs and Hospital Accident Protection (HAP) supplemental health care services. Affinion Group is also a leader in ID theft protection and prevention, protecting the personal information of more than 10 million consumers. Their service 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.
unions are attracted to the proven methodology that Affinion has refined over
the past 40 years. A key indicator of an insurance block's performance is
Premium Per Total Membership (PPTM). By this metric, ABG's performance is
roughly double the average of competitors in the market, often within 90 days.
Learn more about AD&D with Affinion
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.
Affinion is proud to introduce Flex Checking, a powerful way to deliver a relevant retail strategy while tracking and rewarding behaviors that drive sustainable profitability for your institution. Flex Checking drives profitable behaviors while delivering value that your members expect and will pay for - resulting in deeper relationships, more non-interest income generation, and greater lifetime value. It also provides a soft-transition from free checking to a sustainable fee-based model.
To learn more about Affinion and Flex Checking, visit www.flexchecking.com.
As a global leader with almost 40 years of experience, Affinion Group enhances the value of its partners' customer relationships by developing and marketing loyalty solutions. Leveraging its expertise in customer engagement, product development and targeted marketing, Affinion provides programs in subscription-based lifestyle services, personal protection, insurance and other areas to help generate increased customer loyalty and significant incremental revenue for more than 5,740 marketing partners worldwide, including many of the largest and most respected companies in financial services, retail, travel, and Internet commerce. Based in Stamford, Conn., the Company has approximately 4,300 employees and has marketing capabilities in 19 countries globally. Affinion holds the prestigious ISO 27001 certification for the highest information security practices, is PCI Level 1 compliant and Cybertrust certified. For more information, visit www.affinion.com.
Consulting and program evaluation at no cost.
Interested in a merchant-funded rewards program for your members?
Confused by the many technologies and providers in the market? Learn
about new strategies and best practices in merchant funded rewards and
how to increase account acquisition, spend and loyalty through a
turnkey, low-cost solution with this recorded webinar.
To create a successful marketing strategy for member engagement, there are key factors credit unions should take into consideration. How do you define your target audience? How should you refine your marketing efforts? How do you refocus your strategy to take advantage of those opportunities? Each generation of consumers makes different purchasing decisions and is therefore more receptive to certain marketing efforts. By understanding who your target audience is and their demographic, credit unions will be able to craft specific marketing strategies to become more profitable.
Mr. Conte guest-writes the "Inside NAFCU Services" column, reserved for the organization's Preferred Partner experts. This column provides evidence that demand for auto purchases is rebounding in America. This column also provides actionable items for credit unions to maximize this area of expanding opportunity.
With recent financial reform regulations, credit unions have been faced with some tough decisions when it comes to their product and service offerings. Among those is the question of offering free or fee-based checking accounts.
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NAFCU Services Corporation today posted a free webcast for credit unions titled “Trends in Identity Fraud” with its Preferred Partner, Affinion Group. The webcast reviews recent research findings on identity theft from several sources and offers insight into ways credit unions can help members prevent and detect identity theft.
WASHINGTON — NAFCU Services Corporation and Affinion Security Center, NAFCU Services’ preferred partner in providing identity theft solutions to credit unions, recently released a free podcast that offers the latest information on identity theft, the fastest growing crime in America.