ASAE Insurance Source Offers Associations Property and Casualty Insurance, Risk Management Support

Insurance Business Weekly

By a News Reporter-Staff News Editor at Insurance Business Weekly -- ASAE has launched the ASAE Insurance Source. Created through ASAE Business Services, Inc. (ABSI) - ASAE's wholly-owned subsidiary, the ASAE Insurance Source is a new platform designed to help associations effectively manage their operational and governance risks.

All of the products offered through the ASAE Insurance Source have been tailored to include coverage provisions, features, and benefits that reflect and serve associations' unique property and casualty insurance and risk management needs.

"We can't promise a hazard free operating environment, but we can help associations tap into the tools, insights, and supports they need to successfully manage the risks they face, and the ASAE Insurance Source represents a new approach," said ASAE President and CEO John H. Graham, IV, FASAE, CAE. "ASAE, through ABSI, has been engaged in this important work for many years. With this new platform, we will be able to sharpen our focus on associations' evolving risk needs and continue to add resources in the future."

The ASAE Insurance Source will feature competitively priced insurance solutions, including the newly enhanced ASAE-Endorsed Nonprofit Directors' and Officers' (D&O) Insurance program, the ASAE-Endorsed Association Office Package Insurance program, the ASAE-Endorsed Event Cancellation Insurance program, as well as other insurance offerings exclusively provided by Aon Affinity Nonprofits. ASAE-Endorsed Professional Errors & Omissions liability coverage exclusively provided by AXIS PRO®[1], a member company of the AXIS group of insurance companies[2], will also be available via the ASAE Insurance Source.

"The ASAE Insurance Source is another way that ASAE is delivering on its commitment to engage with and support associations as well as those who work in them," Graham added.