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FOR IMMEDIATE RELEASE: April 27, 2000
CONTACT: Stephen L. Bobbitt

NEW NAME FOR ANA'S GROUP INSURANCE; COVERAGE REMAINS THE SAME

The American Numismatic Association's (ANA) group insurance administrator is changing its name on July 1, 2000, from Albert H. Wohlers & Co. to Seabury & Smith. However, the coverage will remain the same.

"This is only a name change," says ANA Membership Director Rudy Bahr. "Our members will continue to receive the same great coverage Wohlers has been providing the ANA for more than 25 years. Seabury & Smith is a division of the Marsh & McLennan Companies, which has access to more markets and products, and can bring more clout in negotiating benefits and rates with insurance carriers."

The Wohlers company, which was established in 1961 and has 400 employees, was sold in 1997 to Marsh & McLennan - the world's largest insurance broker with more than 50,000 employees worldwide. The firm's personnel, management, location and telephone number all remain the same as they were under the Wohlers' name.

Insurance coverage available to ANA members includes term life, accidental death and dismemberment, major medical, hospital, cancer, long term care, dental, club liability and collection.

In 1998 ANA members were first offered an improved coin collection insurance plan to protect their numismatic holdings against theft, fire, flood or other natural disasters. The Reliance Insurance Company underwrites the plan with a new, simplified rate structure and application procedure, while offering the same dependable coverage. Unlike most homeowner's insurance policies that limit compensation for numismatic property to $250, the ANA "All-Risk" Plan offers full coverage.

For more information about ANA member insurance coverage, contact Seabury & Smith, 1440 N. Northwest Hwy., Park Ridge, IL 60068-1400; telephone toll-free 800/323-2106; or via an E-mail link from the ANA's Web site at www.money.org.

 
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