Aon's Affinity Business Relaunches Private Event Insurance and WedSafe(R) Programs With New Product Enhancements
16 Ottobre 2008 - 5:00PM
PR Newswire (US)
Programs offer higher limits of liability & property damage,
lower rates HATBORO, Pa., Oct. 16 /PRNewswire-FirstCall/ -- Aon
Corporation (NYSE:AOC) announced today that its Affinity Insurance
Services, Inc. unit has relaunched its private event insurance
program offering liability & property damage and event
cancellation/postponement products direct to consumers. Product and
process enhancements include: -- higher limits of liability and
property damage, up to $2 million aggregate; -- lower rates for
both liability and cancellation coverage for private events as well
as select business events; -- the option to purchase liability
coverage with or without host liquor liability; -- new, easily
accessible online capabilities. "Direct client feedback has
resulted in product and process enhancements, new Web sites,
expanded coverage for select events and lower rates to meet their
needs," said Sharon Cohen, senior vice president. "With these
enhancements, we are confident our wedding and event insurance
solution offers clients a high quality combination of coverage,
ease of purchase, and affordability. Of particular interest this
time of year is the new coverage for business and non-profit events
for organizations planning dinners, holiday parties and meetings."
Reducing cost is one of the leading trends in wedding planning,
according to the August 2008 edition of The Wedding Report.
Additionally, event liability insurance is often required by
wedding and reception venue operators, who want protection in case
a guest damages property at the event location, or if a guest is
hurt. Affinity's new program enhancements have features that
include venues as additional insureds and that streamline the
process to provide proof of coverage. Affinity's insurance
solutions protect clients' deposits should they seek to cancel or
postpone the event, or if severe weather or illness occur.
Cancellation packages -- including coverage for event essentials
like photos, gifts, attire, jewelry and deposits -- begin at $130.
Liability insurance with host liquor liability can be purchased
jointly or separately for a $150 premium, and without liquor
liability starting at $75. "We are very excited about the
enhancements to the private event and wedding insurance program. We
believe this new program will meet the needs of clients while
providing peace of mind so they can focus on the joy of their
special event," said Timberlee Tamraz Grove, president and chief
operating officer of Markel American Insurance Company, which
underwrites the WedSafe private event and wedding insurance
products with Affinity. Affinity's program offers competitive rates
for a range of events, including weddings, anniversary parties,
graduation parties, bar/bat mitzvahs, private holiday parties and
wedding showers. Affinity has more than 50 Web sites currently in
production, including flagships
http://www.privateeventinsurance.com/ and http://www.wedsafe.com/.
Affinity Insurance Services is a full-service broker providing
innovative solutions for clients. About Markel A subsidiary of the
Markel Corporation, Markel American Insurance Company specializes
in the lines of Powersport Products, Specialty Marine, Preferred
Yacht and Small Boat, and Specialty Property. For more information
on our products, please visit http://www.markelamerican.com/ The
Richmond, VA-based Markel Corporation markets and underwrites
specialty insurance products and programs to a variety of niche
markets. In each of these markets, the company strives to provide
quality products and excellent customer service. For more
information, please visit http://www.markelcorp.com/. About Aon Aon
Corporation (NYSE:AOC) is the leading global provider of risk
management services, insurance and reinsurance brokerage, human
capital and management consulting. Aon readily delivers distinctive
client value via innovative and effective risk management and
workforce productivity solutions. Our industry-leading global
resources, technical expertise and industry knowledge are delivered
locally through more than 500 offices in more than 120 countries.
Aon was named the world's best broker by Euromoney magazine's 2008
Insurance Survey. In 2008, Aon ranked highest on the Business
Insurance ranking of the world's largest insurance brokers based on
commercial retail, wholesale, reinsurance and personal lines
brokerage revenues. Aon also was ranked by A.M. Best as the number
one insurance broker based on brokerage revenues in 2007 and 2008,
and was voted best insurance intermediary, best reinsurance
intermediary, and best employee benefits consulting firm in 2007
and 2008 by the readers of Business Insurance. For more information
on Aon, log onto http://www.aon.com/. Sign up to receive Aon news
alerts by email or RSS feed at:
http://aon.mediaroom.com/index.php?s=58. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) Media
Contact Sharon Cohen 215.773.4164
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT:
Sharon Cohen of Aon Corporation, +1-215-773-4164, Web site:
http://www.aon.com/ http://www.markelcorp.com/
http://www.privateeventinsurance.com/ http://www.wedsafe.com/
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