SUCCESS STORIES

SOLUTIONS THAT MANAGE RISK AND IMPROVE THE BOTTOM LINE

McGovern Associates in action

McGovern Associates designs travel insurance programs that offers increased security for travelers, provides better cost control and improved operational efficiency for our travel suppliers. Below are examples of how we provide optimized travel protection while protecting our clients’ financial interests.

Negotiation

McGovern Associates successfully negotiated with the plan administrator of an elite luxury cruise line, to retain a larger portion of the collected insurance premium. This resulted in 20% additional travel insurance revenue.

Revenue

McGovern Associates, hired as a consultant and later account manager, successfully increased travel protection participation by 10% while decreasing claims by 15% resulting in a significant increase in revenue for the tour operator.

Product Design

Creating a new design concept called ‘Cancel for Any Reason’, McGovern Associates boosted traveler confidence as their travel investment was protected. As such, revenue targets were met when traveler reluctance to book was greatly reduced.