The First International Agreement for Travel Insurance Is Signed

* Reuters is not responsible for the content in this press release.

Tue May 20, 2008 1:09pm EDT

  WASHINGTON, DC, May 20 (MARKET WIRE) -- 
 Club Mediterranee, the Europ Assistance Group and Marsh have signed a
ground-breaking agreement in the tourism market allowing the first international
travel insurance programme to be launched.

    A genuine innovation in the travel insurance market, among other things this
international programme will now make it possible to manage Club Med's travel
risks with a high degree of precision, reflecting its top of the range, user
friendly and multicultural positioning policy, while offering unique and
innovative cover solutions. As a result, Club Med will now be able to offer
its clients in 21 countries a range of cover solutions adapted to the
characteristics of the market concerned and to local attitudes to risks.

    With the signing of this agreement, Club Mediterranee and the Europ
Assistance
Group (who are already partners in France, Belgium, Italy and the United
Kingdom for insurance, and longstanding partners for GM(R) and GO(R)
assistance worldwide) are taking their business relationship a stage further,
and now offering a leading international product range.

    In France, the new packaged offer (which will continue to be referred to
asEcran Total), combines all the advantages of a top of the range fully
comprehensive travel policy, including cancellation on any grounds, with a
range of cover features vital to anyone taking part in sporting activities (such
as
stays cancelled due to a lack of snow or excessive snowfall, and warranties
for sports or leisure equipment).

    This innovative agreement will enable Club Mediterranee to gain a valuable
head
start in the management of travel-related risks and to manage its quality
positioning in the tourism market.  It also demonstrates the Europ Assistance
Group's capacity for innovation and dynamism when it comes to supporting all
of its clients internationally, and over the long term.  To bring this
project to fruition, the entire Marsh network has been involved, in order to be
able to provide Club Mediterranee with its best resources and expertise in the
field of risk management.

    About Europ Assistance

    Europ Assistance France was the first company founded in 1963 by the Europ
Assistance group, the inventor of the assistance concept throughout the
world. Europ Assistance France intervenes throughout the world, providing its 30
million private and corporate clients in the French market with effective
solutions to exceptional or day to day problems, 24 hours a day, 365 days a
year in the travel, automotive, health and personal services fields.  In 2007
Europ Assistance France achieved a turnover of EUR 198.8 million.

    Based directly in 33 countries via its companies (Algeria, Argentina,
Austria,
Belgium, Brazil, Canada, Chile, China, the Czech Republic, Denmark, Finland,
France, French Polynesia, Germany, Greece, Hungary, Ireland, Italy, Libya,
Luxembourg, Norway, Netherlands, Poland, Portugal, Russia, Singapore, South
Africa,
Spain,  Sweden, Switzerland , Tunisia, the United Kingdom and the United
States), the Europ Assistance group today covers 208 countries and carries out
more than 12 million  interventions per year throughout the world thanks to its
5500
staff, its correspondents, its network of 410,000 approved partners and
suppliers and its
36 call centres.  In 2007, the Europ Assistance group achieved a global
turnover of 1 050 million euros.

    For further information: www.europ-assistance.fr

    About Club Mediterranee

    As the inventor of the holiday club concept, Club Mediterranee is the
worldleader in all-inclusive holidays.  Present in 40 countries, it has 80
holiday villages in all parts of the world in addition to the Club Med 2
cruise ship.  Distributed by more than 1500 travel agencies via its direct and
indirect networks, Club Mediterranee also offers a range of high profile
complementary activities such as its Jet tours subsidiary, Club Med Gym and
Club Med World, etc.

    Since 2003, Club Mediterranee has been committed to a repositioning strategy
in order
to meet the needs of a customer base looking for outstanding holidays.  By
creating a friendly and multicultural top of the range holiday market segment
Club Mediterranee has once again demonstrated its role as a reference in the
prestige
holiday market while at the same time taking full advantage of its capacity to
bring people together and help them have fun thanks to the professionalism,
friendliness and availability of its GO.


Club Mediterranee: key data...
15 465 employees including 7674 seasonal staff
More than 1.3 million clients throughout the world in 2007
A turnover of 1727 million euros in 2007

    
About Marsh

    As the global leader in insurance brokerage and corporate risk management
advice,
Marsh employs 26,000 people and provides its clients with its analysis,
consultancy and transactional capacities in more than 100 countries. Marsh is
a member of the Marsh & McLennan Companies group (MMC), a professional and
financial services group employing almost 55,000 staff, and with a turnover
exceeding $11 billion.  MMC is also the parent company of Guy Carpenter, a
specialist in risk management and reinsurance, Kroll, a risk consulting
company, Mercer, a human resources consultancy, and Oliver Wyman, a strategy
consultancy.  MMC is quoted on the New York, Chicago and London stock
markets.  Further information about MMC is available from its website:
www.mmc.com.

    Further information about Marsh may be found at www.marsh.com or
www.marsh.fr.

    

Press contact
Philippe Moucherat
Group Communications Deputy Director
Europ Assistance group
Tel: +33 (1) 58 34 23 82
pmoucherat@europ-assistance.com

Francoise Passeron
External relations manager
Europ Assistance France
Tel: +33 (1) 41 85 89 56
presse@europ-assistance.fr

Press contact
Chrystel Baude
Press Officer
Club Mediterranee
Tel : +33.1.53.35.35.87
Chrystel.baude@clubmed.com

Press contact
Delphine Belaiche
Communication manager
Marsh France
Tel. +33 (1)41 34 19 97
delphine.belaiche@marsh.com

Copyright 2008, Market Wire, All rights reserved.

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