Alexandria, VA – April 5, 2011 – The Club Managers Association of America is pleased to announce that it has exclusive rights to distribute Venture Insurance Program’s ClubCover umbrella insurance product to CMAA member clubs.
“Finding out what your insurance covers after you make a claim is not sound management,” shares CMAA CEO Jim Singerling, CCM, CCE. “CMAA is pleased to bring this exclusive offering to our members and their club facilities.”
ClubCover is a mono-line umbrella liability coverage for golf and country clubs offering a $25 million limit, cost-effective premiums and a fast, easy online system. It is offered on an admitted basis through a risk-purchasing group, utilizing a master policy with each member receiving a certificate of insurance with separate limits of liability for each member. ClubCover will be distributed by CMAA to its members and administered by Venture Insurance Programs through an A.M. Best “A++ (XV)” rated insurance company.
“There is an important need for additional insurance coverage throughout the club industry, so we are very pleased to join with an industry leader like CMAA to make this Umbrella Liability policy available exclusively for their members,” said Philip J. Harvey, President of Venture Insurance Programs. “CMAA members have access to umbrella coverage with high limits, very affordable premiums and an easy online ‘Quick Indication’ system.”
ClubCover’s three-step “Quick Indication” process is available to all CMAA members at www.cmaa.org/clubcover, giving clubs and their agents and brokers an immediate, non-bindable premium response for $25 million limits.
About CMAA
The Club Managers Association of America is the professional Association for managers of membership clubs. CMAA has close to 7,000 members across all classifications. Manager members run more than 3,000 country, golf, city, athletic, faculty, yacht, town and military clubs. The objectives of the Association are to promote and advance friendly relations among persons connected with the management of clubs and other associations of similar character; to encourage the education and advancement of members; and to assist club officers and members, through their managers, to secure the utmost in efficient and successful operations.
About Venture Insurance Programs
Venture Insurance Programs is a leading program administrator that designs, underwrites and distributes industry-specific insurance packages including its flagship Preferred Club Program. Based in West Chester, Pa., Venture has underwriting alliances with the world’s leading carrier groups. Founded in 1993, Venture provides specialty insurance packages for select vertical industries-including golf and country clubs, golf destination resorts, hunting and fishing lodges, casinos, hotels, restaurants, marina operators and technology and bio tech firms.
Contact:
Melissa Low
(703) 739-9500
melissa.low@cmaa.org
www.cmaa.org