Why a purchasing group?
Founder John Carr hears it a lot: “Why a purchasing group? Why not simply sell liability insurance to the inflatable industry like everyone else?” We understand the question. Re-inventing inflatable insurance requires ingenuity that is hard to come by. But, when it comes down to it, it is just the right thing to do. Here’s why:
Reason #1: Safety in Numbers
As a purchasing group, approximately 15,000 individual inflatable rental companies, fun centers, manufacturers and distributors can act as a single entity with the scale and freedom to determine their future.
Reason #2: Stopping the Runaway Train
When traditional insurance companies find a class of business no longer fits their acceptance criteria they exit the market at breakneck speed. That is why the availability and cost of general liability insurance have reached such extremes. But, purchasing groups have greater flexibility when it comes to insurance carriers and regulations. Because high quality carriers can provide a tailored solution without being stifled by restrictions, we can reverse the “runaway” trend and provide quality and stability for our members.
Reason #3: Knowledge is Power
As a purchasing group, our members will gather and disseminate crucial information that has never been available in aggregate before. This storehouse of knowledge will not simply act as a resource for professional analysts, but will also be factored into proactive loss prevention and risk management policies that will strengthen individual members and the industry as a whole.
As Inflatable Industry Purchasing Group members you gain a strong advocate leveraging the demand of the entire industry while negotiating for you individually. Or, to put it simply our members are…Never Alone. We hope you will join us! For more information contact your Inflatable Industry Purchasing Group representative today!
