WASHINGTON, DC--(Marketwire - May 20, 2008) - Club Méditerranée, the Europ Assistance
Group and Marsh have signed a ground-breaking agreement in the tourism
market allowing the first international travel insurance programme to be
launched.
A genuine innovation in the travel insurance market, among other things
this international programme will now make it possible to manage Club Med's
travel risks with a high degree of precision, reflecting its top of the
range, user friendly and multicultural positioning policy, while offering
unique and innovative cover solutions. As a result, Club Med will now be
able to offer its clients in 21 countries a range of cover solutions
adapted to the characteristics of the market concerned and to local
attitudes to risks.
With the signing of this agreement, Club Méditerranée and the Europ
Assistance Group (who are already partners in France, Belgium, Italy and
the United Kingdom for insurance, and longstanding partners for GM® and
GO® assistance worldwide) are taking their business relationship a stage
further, and now offering a leading international product range.
In France, the new packaged offer (which will continue to be referred to as
Ecran Total), combines all the advantages of a top of the range fully
comprehensive travel policy, including cancellation on any grounds, with a
range of cover features vital to anyone taking part in sporting activities
(such as stays cancelled due to a lack of snow or excessive snowfall, and
warranties for sports or leisure equipment).
This innovative agreement will enable Club Méditerranée to gain a valuable
head start in the management of travel-related risks and to manage its
quality positioning in the tourism market. It also demonstrates the Europ
Assistance Group's capacity for innovation and dynamism when it comes to
supporting all of its clients internationally, and over the long term. To
bring this project to fruition, the entire Marsh network has been involved,
in order to be able to provide Club Méditerranée with its best resources
and expertise in the field of risk management.
About Europ Assistance
Europ Assistance France was the first company founded in 1963 by the Europ
Assistance group, the inventor of the assistance concept throughout the
world. Europ Assistance France intervenes throughout the world, providing
its 30 million private and corporate clients in the French market with
effective solutions to exceptional or day to day problems, 24 hours a day,
365 days a year in the travel, automotive, health and personal services
fields. In 2007 Europ Assistance France achieved a turnover of EUR 198.8
million.
Based directly in 33 countries via its companies (Algeria, Argentina,
Austria, Belgium, Brazil, Canada, Chile, China, the Czech Republic,
Denmark, Finland, France, French Polynesia, Germany, Greece, Hungary,
Ireland, Italy, Libya, Luxembourg, Norway, Netherlands, Poland, Portugal,
Russia, Singapore, South Africa, Spain, Sweden, Switzerland , Tunisia, the
United Kingdom and the United States), the Europ Assistance group today
covers 208 countries and carries out more than 12 million interventions
per year throughout the world thanks to its 5500 staff, its correspondents,
its network of 410,000 approved partners and suppliers and its 36 call
centres. In 2007, the Europ Assistance group achieved a global turnover of
1 050 million euros.
For further information:
www.europ-assistance.fr
About Club Méditerranée
As the inventor of the holiday club concept, Club Méditerranée is the world
leader in all-inclusive holidays. Present in 40 countries, it has 80
holiday villages in all parts of the world in addition to the Club Med 2
cruise ship. Distributed by more than 1500 travel agencies via its direct
and indirect networks, Club Méditerranée also offers a range of high
profile complementary activities such as its Jet tours subsidiary, Club Med
Gym and Club Med World, etc.
Since 2003, Club Méditerranée has been committed to a repositioning
strategy in order to meet the needs of a customer base looking for
outstanding holidays. By creating a friendly and multicultural top of the
range holiday market segment Club Méditerranée has once again demonstrated
its role as a reference in the prestige holiday market while at the same
time taking full advantage of its capacity to bring people together and
help them have fun thanks to the professionalism, friendliness and
availability of its GO.
Club Méditerranée: key data...
15 465 employees including 7674 seasonal staff
More than 1.3 million clients throughout the world in 2007
A turnover of 1727 million euros in 2007
About Marsh
As the global leader in insurance brokerage and corporate risk management
advice, Marsh employs 26,000 people and provides its clients with its
analysis, consultancy and transactional capacities in more than 100
countries. Marsh is a member of the Marsh & McLennan Companies group (MMC),
a professional and financial services group employing almost 55,000 staff,
and with a turnover exceeding $11 billion. MMC is also the parent company
of Guy Carpenter, a specialist in risk management and reinsurance, Kroll, a
risk consulting company, Mercer, a human resources consultancy, and Oliver
Wyman, a strategy consultancy. MMC is quoted on the New York, Chicago and
London stock markets. Further information about MMC is available from its
website:
www.mmc.com.
Further information about Marsh may be found at
www.marsh.com or
www.marsh.fr.
Contact Information: Press contact
Philippe Moucherat
Group Communications Deputy Director
Europ Assistance group
Tel: +33 (1) 58 34 23 82
pmoucherat@europ-assistance.com
Françoise Passeron
External relations manager
Europ Assistance France
Tel: +33 (1) 41 85 89 56
presse@europ-assistance.fr
Press contact
Chrystel Baude
Press Officer
Club Méditerranée
Tel : +33.1.53.35.35.87
Chrystel.baude@clubmed.com
Press contact
Delphine Belaïche
Communication manager
Marsh France
Tel. +33 (1)41 34 19 97
delphine.belaiche@marsh.com