Meridian Finds Success Selling Through Sam's Club.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Insurance Group Inc. is expanding its sales of auto and home insurance through kiosks in Wal-Mart-owned Sam's Club Sam's Club is a membership-only warehouse club owned and operated by Wal-Mart Stores, Inc. History The first Sam's Club opened in April 1983 in Midwest City, Oklahoma in the United States.[1] Sam's Club is named after Sam Walton. stores after the new distribution outlet generated $12 million in new premium for 1999. Meridian has added Sam's Clubs in Kansas and Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee to its roster, with plans to expand the program to nine additional states this year. Last year, Meridian sold through the clubs in Michigan, Illinois, Missouri, Ohio and Pennsylvania. Meridian operates under a marketing and sales partnership with Groupadvantage, a distribution system operated by Consumer Insurance Services of America. The program makes personal lines and small-business products available through franchised independent agents that operate kiosks in Sam's Clubs in selected states. Consumer Insurance operates Groupadvantage kiosks in 172 Sam's Clubs in 14 states, and the company plans to expand into every club in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. by early 2001. Meridian expects $22 million in direct written premiums from Sam's Club business alone in 2000. Groupadvantage uses a menu of regional and national carriers for both the property/casualty and life, accident and health products and services. Recent additions to the companies offering products through Groupadvantage include: * Zurich U.S. in November announced that it would begin offering coverage for small businesses, including commercial auto, workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. and umbrella policies Umbrella policy Insurance for exports of an exporter whose issuer handles all administrative requirements. ; and * Conseco in October began offering long-term-care planning services and insurance products. |
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