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Association Risk Solutions
Inherently, associations have opportunity to leverage the buying power of their group to improve the insurance products available to individual members. These improvements can arrive in the form of enhanced coverage, lower premiums and bundled services such as loss control and actuarial review.
- Mainstay maintains an ongoing marketing effort targeting associations. As opportunity develops, Mainstay will seek long-term solutions. It's important to create solutions that remain viable in both soft and hard markets. Mainstay will assess the needs of a particular group, determine the best course of action given what they are hoping to achieve and build a product that best meets those needs. In doing so, association members are granted access to a competitive insurance product, and the association gains not only goodwill, but resulting royalty income.
- For associations' stretched resources, Mainstay can serve in partnership with the association in areas that go beyond the actual insurance program. For instance, we are well-equipped to exhibit at association meetings and conventions, provide education materials and articles on loss control relative to the particular member exposures and conduct educational seminars on insurance related concepts.
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