Allianz Rolls Out Conference Protector Insurance
Insurance provider Allianz Global Assistance USA has partnered with conference-industry transaction specialist Embark to launch Allianz Conference Protector, a new insurance package for conference attendees. Conference Protector will refund an attendee's registration fee if he or she is unable to attend for a reason covered in the specific policy. The policies vary by event, but refunds generally aren't available after a specified cutoff date -- and cancellation fees still could apply even if a refund request is accepted, according to Allianz.
"We're pleased to work with Allianz Global Assistance on introducing this new and exciting ancillary revenue opportunity to the conference industry," said Embark president David B. Wheeler. "Conference-registration cancellation insurance is a product that we expect will be well received by both conference organizers and attendees."
Allianz is best known for its travel-insurance plans.