STAMFORD, Conn., Oct. 22, 2013 /PRNewswire/ -- Affinion Group ("Affinion" or "the Company"), the global leader in enabling companies to connect and engage with their customers, thereby creating rewarding relationships and enhancing brand loyalty, today announced that its insurance division, Affinion Benefits Group, has signed a long term agreement making Transamerica Life Insurance Company (Transamerica) a significant new carrier partner in the marketing of the Company's insurance services.
"Partnering with Transamerica gives us the flexibility to include a highly rated carrier with a diverse product offering and an exceptional reputation into our portfolio of carrier relationships," said Robert Dudacek, President with Affinion Benefits Group. "We believe this agreement combines core competencies from two leaders in the industry to deliver innovative insurance solutions to both financial institutions and millions of consumers across the country."
"This is a partnership many months in the making," Todd Schubert, Senior Vice President for the Financial Solutions Group unit of Transamerica, said. "Our two organizations have years of experience marketing insurance, and we believe our combined expertise will be good for customers and financial institution partners."
Both organizations hold customer value and overall customer experience in the highest regard.
About Affinion Group
As a global leader with 40 years of experience, Affinion Group enhances the value of its partners' customer relationships by developing and marketing loyalty solutions. Leveraging its expertise in customer engagement, product development and targeted marketing, Affinion provides programs in subscription-based lifestyle services, personal protection, insurance and other areas to help generate increased customer loyalty and significant incremental revenue for more than 5,740 marketing partners worldwide, including many of the largest and most respected companies in financial services, retail, travel, and Internet commerce. Based in Stamford, Conn., the Company has approximately 4,300 employees and has marketing capabilities in 19 countries globally. Affinion holds the prestigious ISO 27001 certification for the highest information security practices, is PCI compliant and Cybertrust certified. For more information, visit www.affinion.com.
The Transamerica companies offer a wide array of innovative financial services and products with a common purpose: to help individuals, families, and businesses build, protect and preserve their hard-earned assets. With more than a century of experience, Transamerica has built a reputation on solid management, sound decisions and consumer confidence. Transamerica insurance carriers underwriting the Affinion business include: Transamerica Life Insurance Company, Monumental Life Insurance Company and Transamerica Financial Life Insurance Company in New York. For more information, visit www.transamerica.com.
- Affinion Group