Affinity Insurance is a relatively new concept that can help you cover risks that are faced not only by your own organization, but by your affiliates as well, such as franchisees, stockists, channel partners, and members.
The purchase of such insurance not only helps provide risk cover across your ecosystem, but it also helps build goodwill, increase customer satisfaction, attract and retain members and partners, enhance loyalty, and deliver an enhanced user experience. This in turn helps you ensure business continuity and gain a competitive advantage over your peers. What’s more, the creation of a single risk cover umbrella for an expanded value reduces premium rates too. Affinity Insurance solutions, therefore, also result in improved efficiencies and cost savings.
Insuring stocks at the warehouses of your dealers and distributors, providing the members of your organization with health or life insurance, or even insuring company-owned equipment that your channel partners operate are good examples of how you could apply Affinity Insurance solutions to your business.
Affinity Insurance programs are highly customised, and you will need the help of an experienced insurance consultant to guide you through the process. Enter Odin’s Affinity Solutions.
Analysis of risks
Precise definitions of risks
Purchase of the right insurance
Paperwork and Claim Processing
Odin is the ideal partner to offer you new-age, need-based, and well-negotiated Affinity Insurance solutions that are customised to cover your unique needs. Our end-to-end solutions begin with the assessment of your and your affiliates’ risks, followed by recommendations of the right solutions from the market, getting the paperwork right and negotiating premium rates, and implementing the insurance cover in the field. Odin is also with you to process claims if any are made at any time to ensure that you get the most out of your insurance to cover losses.
Call us to analyse your business, your affiliates, and your risks, and then suggest cost-effective affinity insurance solutions across your ecosystem that may not have been on your radar so far.
