According to Xhibit’s CFO, as reported by USA Today, the reasons for the company’s financial woes are the increased use of electronic devices on planes and the availability of internet access. On account of these things, so says the CFO, fewer people are browsing the SkyMall in-flight catalog.
I’m sure all of that is true. But there is another reason why SkyMall failed. And it’s the most important one – the catalogue just didn’t offer enough insurance-related coverage items. Surely no coverage professional would have been able to resist purchasing any of these must-have items.
• Digital clock that adds “at the address of the insured” when 12:01 A.M. is displayed
• Life size inflatable doll of Progressive’s Flo
• Leather bound and gold leafed copy of General Liability Insurance Coverage – Key Issues in Every State
• Bird cage constructed from the six duplicate copies of the reservation of rights letter contained in every claim file
• Draperies displaying the text of ISO’s Commercial General Liability Form
• Quill pen containing a feather from the actual Aflac duck (only two available)
• Hank Greenberg Chia Pet
• Insurance Ouija Board for adjusters to make coverage determinations after death
• Bumper sticker that says: My other auto is mobile equipment
• Randy Spencer pillow cases
That’s my time. I’m Randy Spencer. Contact Randy Spencer at
Randy.Spencer@coverageopinions.info
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