STAMFORD, Conn., March 30, 2016 /PRNewswire/ -- Affinion Insurance Solutions is pleased to announce that the American Bankers Association – through its subsidiary, the Corporation for American Banking, has renewed its endorsement of insurance products they market and administer. Affinion Insurance Solutions is a leading third-party marketer and administrator of life, sickness, and accident insurance programs for financial institutions. Affinion's AD&D Customer Appreciation program has been endorsed by the ABA since 1989.
Following a review of consumer insurance products and bank member interest, the ABA endorsement was awarded for Accidental Death & Dismemberment, Hospital Accident Protection and Recuperative Care. Additionally, the ABA endorsement also extends to Affinion's new product, Simplified Issue Term Life Insurance.
Affinion Insurance Solutions partners with top-rated insurance carriers to produce effective direct mail marketing campaigns, manage campaign implementation and provide award-winning customer service while delivering superior results for their financial institution partners. Affinion collaborates with banks on developing an insurance product marketing calendar and fully funds the direct mail marketing events to bank customers.
"These products have been well received in the market and continue to generate interest as banks offer insurance to their customers," said Bryan Luke, chairman of ABA's Endorsed Solutions Banker Advisory Council. "As Affinion Insurance Solutions continues to innovate in offering affordable coverage options through the banking channel, ABA is pleased to continue endorsing these solutions that help our member banks better serve their customers." Luke is also president and CEO of Hawaii National Bank in Honolulu.
"Affinion Insurance Solutions is committed to delivering life, sickness and accident insurance programs that provide peace-of-mind for the customers of our bank marketing partners," said Robert Dudacek, president, insurance services at Affinion Group. "We are excited to have our full product suite endorsed by ABA, including our new Simplified Issue Term Life Insurance solution. These valuable products not only deepen customer relationships, they provide non-interest income and increased profitability for the bank."
Founded in 1971, Affinion Insurance Solutions currently has a relationship with more than 3,000 financial institutions nationwide. Affinion has a strong commitment to the banking community as a marketing leader, leveraging proprietary analytics and award-winning direct mail creatives.
For more information on the ABA/Affinion Insurance Solutions alliance, call 1-800-BANKERS or visit aba.com/Affinion.
About American Bankers Association
The American Bankers Association is the voice of the nation's $16 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $12 trillion in deposits and extend more than $8 trillion in loans. Learn more at www.aba.com.
About Corporation for American Banking
ABA endorsed solutions help banks make money, save money, diversify income and improve efficiency. Backed by our comprehensive due-diligence process, these select solutions are analyzed by industry experts, field-tested by bankers and meet stringent quality and customer-service standards. From compliance and insurance to payments and mortgage lending, you'll find products and services to enhance your bank's bottom line. Learn more at www.aba.com/endorsed.
About Affinion Insurance Solutions
As a market leader with 45 years of experience, Affinion Insurance Solutions ("Affinion Benefits Group") enhances the value of our partners' customer relationships with insurance programs that increase customer loyalty. Affinion Insurance Solutions is one of the largest insurance third party administrators in the country, and is dedicated to planning, creating, producing, and analyzing thousands of insurance marketing campaigns annually. Our time-tested insurance products from top-rated carriers include: Accidental Death and Dismemberment Insurance, Term Life, Hospital Accident Protection, Recuperative Care Plan, and Graded Benefit Whole Life Insurance. Affinion Insurance Solutions holds the prestigious ISO 27001 certification for the highest information security practices and is PCI compliant. Affinion Insurance Solutions is an Affinion Group company. For more information, visit http://www.affinioninsurancesolutions.com.
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SOURCE Affinion Group