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MRAA reports growth in AquaPac and TradeWinds insurance programs

Norman-Spencer’s Marine Insurance Services division announced record third-quarter results for its MRAA member customer referral program.

Norman-Spencer’s Marine Insurance Services division announced record third-quarter results for its Marine Retailers Association of the Americas member customer referral program.

Through the third quarter of 2015, MRAA members who referred customers to Norman-Spencer’s AquaPac and TradeWinds programs earned just shy of $300,000 in referral revenue, a 19 percent increase from the same period in 2014.

“Our 25-year relationship with MRAA members has always been strong,” Paul Sexton, vice president of the Norman-Spencer boat and yacht division, said in a statement. “This year stands out as a great success for both Norman-Spencer and the dealerships and marinas that access our programs through the MRAA Rewards Program. We greatly appreciate the thousands of referrals we receive from member partners and we encourage all MRAA members to join in the revenue success.”

“Norman-Spencer was instrumental in the initial development of our MRAA Rewards program, and their AquaPac and TradeWinds programs have been the strongest revenue-generating benefits among all of our benefits,” said Matt Gruhn, president of the MRAA.

“Norman-Spencer Marine is the endorsed insurance provider of the MRAA and is one of our longest-running partners. I recommend that all MRAA members seek out a Norman-Spencer representative at the upcoming Marine Dealer Conference & Expo and take advantage of the programs they offer.”

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