NGCOA links up with weather insurance firm

The National Golf Course Owners Association (NGCOA) teamed up with Adverse Weather Insurance Group (AWIG) to provide a solution to the negative impact that severe weather has on a golf course's bottom line. AWIG has joined the NGCOA purchasing program as a preferred supplier and will provide NGCOA members with reduced premiums on its adverse weather insurance and income stabalization programs.

"We are very pleased to partner with Adverse Weather Insurance Group to offer our members access to a program created specifically for the golf course industry to meet the needs of golf course owners and operators," says Mike Hughes, NGCOA executive director. "AWIG offers our members access to affordable adverse weather insurance, which is tailor-made to meet their specific operating requirements and to protect their profits."

The AWIG program provides a supplemental rain and/or snow insurance policy for golf course owners. In rainy or snowy conditions, insured courses receive reimbursement revenue based on parameters and coverage amounts defined by the course. Annually, severe weather costs businesses $7 billion in revenue and a recent Golf 20/20 Industry Report found that weather is the No. 1 reason why courses experience an increase or decrease in rounds.

"We look forward to working closely with the NGCOA and providing an affordable and effective solution to their membership and the golf industry," says John Peterson, managing partner for AWIG. "Our company's goal is simple: work as a parter with the golf course owners/operators to develop a comprehensive plan that is specific to their golf course, eliminate weather as a budgeting and operational concern, restore profitability to the operator and provide an affordable solution."