
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 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.
Products/Services
AD&D Plan
Credit
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.
Identity Theft Protection
Backed by more than 35 years of experience, IdentitySecure is a pre-eminent national identity theft protection product. It offers daily credit monitoring, identity fraud resolution support and identity theft insurance.
Marketing can be provided without cost to your credit union. It includes banners, buttons, posters, balloons and more to help you promote the program.
HAP program
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.
Flex Checking
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.
Benefits
- Insurance program (AD&D) without cost for credit union members
- Easily administered and marketed program
Company
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..
NAFCU Member-only Benefits
Consulting and program evaluation at no cost.