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| [November 26, 2012] |
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ACTIVE Network Launches Race Registration Insurance With Allianz Global Assistance
SAN DIEGO & RICHMOND, Va. --(Business Wire)--
Roughly 15% of race registrants never even make it to the starting line1.
ACTIVE
Network, the leader in cloud-based Activity and Participant
Management™ (APM (News - Alert)), and Allianz
Global Assistance USA, a leader in consumer specialty insurance, are
partnering to provide event organizers and participants peace of mind by
protecting registration fees for both parties when participants can't
show up on race day with 'Registration Protector'.
"Registering for an event in advance may seem more appealing to a
participant if they know that a sprained ankle won't jeopardize their
registration fee," said Eric McCue, general manager of sports at ACTIVE
Network. "For event organizers, Registration Protector solves an
important customer service issue by making refunds available to
participants without the need for organizers to manage or pay those
refunds. Allianz Global Assistance was an obvious partner for us to help
roll out this robust insurance plan to our customers because of their
technical sophistication and impeccable reputation."
Registration Protector is a new benefit to all ACTIVE.com
customers who sign up for events online. During registration,
participants will be provided with the option to purchase Registration
Protector. With Registration Protector, a participant who misses an
event for a covered reason such as an injury, illness, job loss,
transportation delays, military/family/legal obligations, and more can
get their registration fees reimbursed.*
"It appears to be a win-win situation for both event organizers and
participants," said Sally Smith of Big
Sur Marathon Events. "The covered reasons are very robust, much more
so than other plans we've looked at. We also like the fact that the
participant deals directly with Allianz Global Assistance. An event
director won't have to spend time explaining, arguing or upsetting
participants who ask for a refund, nor will they have to deal with the
refund process."
Registration Protector will refund 100% of insured registration costs,
subject to certain conditions and limitations, including fees and other
related cots up to the maximum coverage amount of $10,000 and includes
Allianz Global Assistance's 24/7 service and assistance. Allianz Global
Assistance manages all customer service and claims activity, without
risk or management resources from event organizers.
"We're pleased to be partnering with ACTIVE Network to offer event
participants and organizers the tremendous benefits that Registration
Protector has to offer," said Mike Nelson, CEO of Allianz Global
Assistance USA. "Every year, we provide great coverage and outstanding
24/7/365 service and assistance to 13 million customers. We're happy to
be able to offer this coverage, service and peace of mind to ACTIVE
Network customers and partners."
*Conditions, limitations and exclusions apply. For a complete
description of the coverage, carefully review the terms and conditions
of the certificate of insurance. Insurance coverage is underwritten by
BCS Insurance Company (OH, Administrative Office: Oakwood Terrace, Ill),
or Jefferson Insurance Company (NY, Administrative Office: Richmond,
VA), depending on the insured's state. Allianz Global Assistance and
Allianz Travel Insurance are brands of AGA Service Company. AGA Service
Company is the licensed producer and administrator of this plan and an
affiliate of Jefferson Insurance Company. The insured shall not receive
any special benefit or advantage because of the affiliation between AGA
Service Company and Jefferson Insurance Company.
About ACTIVE Network
ACTIVE Network (NYSE: ACTV) is on a mission to make the world a more
active place. With deep expertise in activity and participant
management™, our ACTIVE Works® cloud technology helps organizers
transform and grow their businesses. We do this through technology
solutions that power the world's activities and through online
destinations such as ACTIVE.com® that connect people with the things
they love to do. Serving over 50,000 global business customers and
driving over 80 million transactions annually, we help organizers get
participants, manage their events and build communities. ACTIVE Network
is headquartered in San Diego, California and has over 30 offices
worldwide. Learn more at ACTIVEnetwork.com or ACTIVE.com and engage with
us on Twitter (News - Alert) @ACTIVEnetwork, @ACTIVE and on Facebook.
About Allianz Global Assistance USA
Allianz Global Assistance USA is a leading consumer specialty insurance
and assistance company with operation centers in 29 countries. In the
United States, Allianz Global Assistance USA (AGA Service Company)
insures 13 million customers and is best known for its Allianz Travel
Insurance plans.
In addition to travel insurance, Allianz Global Assistance USA offers
registration and event ticket protection and unique assistance services
such as international medical assistance and concierge services. The
company also serves as an outsource provider for in-bound call center
services and claims administration for health insurers, property and
casualty insurers, and credit card companies. For more information about
Allianz Global Assistance USA, please visit allianzassistance.com. To
learn more about Allianz Travel Insurance plans, please visit allianztravelinsurance.com
or Like us on Facebook (News - Alert) at Facebook.com/AllianzTravelInsuranceUS.
About Forward-Looking Statements
The Active Network, Inc. cautions you that the statements included in
this press release that are not a description of historical facts are
forward-looking statements within the meaning of the federal securities
laws. Any such statements are subject to substantial risks and
uncertainties, and actual results may differ materially from those
expressed in these forward-looking statements. More detailed information
about The Active Network, Inc. and the risks and uncertainties that may
affect the realization of these forward-looking statements is set forth
in its filings with the Securities and Exchange Commission (SEC (News - Alert)). These
filings may be read free of charge on the SEC's website at www.sec.gov.
You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date hereof. All forward-looking
statements are qualified in their entirety by this cautionary statement
and The Active Network, Inc. undertakes no obligation to revise or
update this press release to reflect events or circumstances after the
date hereof.
© 2012 The Active Network, Inc. All rights reserved. Active.com,
Active Works, RegOnline and Conference are registered trademarks of The
Active Network, Inc. ACTIVE Network is a trademark of The Active
Network, Inc. All other trademarks are the property of their respective
owners.
1 According to research conducted by Allianz Global
Assistance.

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