ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial Group has entered into an agreement with AGIA Affinity to provide insurance benefit programs for more than 100 associations representing over 30 million members.
Under the agreement, Securian will underwrite a suite of insurance products for AGIA’s association clients to offer to their members. The products will include term life, accidental death, cancer, hospital indemnity and travel accident insurance. AGIA will market and administer the insurance benefits for the associations and their members.
AGIA has been a leading partner to large associations for more than 60 years, providing market-leading insurance and member benefits marketing and administration programs. Securian, a diversified financial services company, has been providing group insurance solutions to large employers and affinity organizations for 100 years.
“We are thrilled to work with AGIA to bring insurance benefits to members of many of the most iconic associations in the country,” said Bill Gould, a Securian vice president who leads the company’s financial institutions and association strategy. “Our combined expertise and focus on consumer needs allow us to collaborate on new and innovative ways to best serve associations.”
“This is an exciting alliance combining AGIA’s innovative marketing and administrative services with Securian’s financial, underwriting and compliance strength,” said Chris Burke, AGIA’s president and CEO. “Together, we will bring a strategic platform for growth to AGIA’s association clients and others looking to expand or revitalize their affinity benefit programs.”
ABOUT SECURIAN FINANCIAL GROUP
Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest financial services providers, Securian is the holding company parent of a group of companies that offer a broad range of financial services.
ABOUT AGIA AFFINITY
AGIA Affinity, the brand name for Association Group Insurance Administrators, has grown steadily from a small insurance agency in the 1950s to what it is today: a technologically advanced, multi-faceted, full-service broker, marketer and administrator managing insurance and non-insurance benefit programs for more than 100 affinity groups representing over 30 million members.