Asset Affinity

Our Asset Affinity insurance solutions insure against loss or damage to a new asset or product following its sale, leasing or financing to the end customer by a Sponsor company. Sponsor companies can include retailers, manufacturers, leasing and financing companies, employee benefit platforms or utility companies. Because our focus is on creativity and flexibility we can genuinely tailor our approach to create bespoke solutions for a broad range of assets in partnership with the Sponsor company and a Third Party Administrator (TPA).

Asset Affinity insurance solutions offer great opportunities for you or your clients to attract and retain more customers, enhance customer loyalty, gain competitive advantage and generate a potential additional revenue.

We can insure a wide range of assets including but not limited to:

• Hearing aids
• Garden equipment
• Spectacles
• Office and IT equipment
• Camera
• Security systems
• Electronic devices
• Vending machines
• Agricultural equipment
• Medical equipment
• Contractors’ plant and equipment
• Bikes
• Light Industrial equipment
• Sporting equipment
• Fork lift trucks
• Trailers
• Mobility scooters
• Fine Art
• Heating equipment
• Jewellery
• White and brown goods
• Musical instruments

Great American offers end-to-end capabilities in product development and design, as well as bespoke solutions designed to meet the needs of a particular business.

We provide:

• Risk underwriting and pricing
• Full regulatory and compliance review of solution and marketing materials
• Technical reporting
• Fulfilment and claims handling

In this way, we can provide a seamless integration with our client’s brand.

Our team of highly experienced and specialised underwriters can create a tailored solution from the design phase to scheduled launch date and assist in subsequent operation.