What is Divers Alert Network? | News Feature | Indy Week
Pin It

What is Divers Alert Network? 

Unless there's a red-and-white "diver-down" flag somewhere on your bumper, chances are you've sped down U.S. 15-501 through Durham plenty of times, wondering what D.A.N. stands for, on that big red sign in front of the square building with the mirror windows. Or maybe you've driven right past without noticing it at all, just another office building blending into the Bull City suburbs. But when it comes to worldwide name recognition for Triangle staples, this company has more cachet in some circles than SAS, Red Hat, and three ACC sports teams all rolled into one. For those who've never indulged in the rapture of the deep, reached out to pet an eagle ray or watched the sunset from 60 feet under the horizon, this is a guide to Divers Alert Network, the Triangle's own international scuba research and education institution, the planet's only "Red Cross of Diving."

What is DAN?
DAN is a non-profit, tax-exempt membership organization that grew out of Duke University in 1980. Recreational scuba divers pay annual dues ($29 per person/$44 per family) for access to a 24-hour/7-day hotline for diving accidents and emergency evacuation. They also consult DAN for non-emergency information about diving-related health issues and receive DAN's magazine, Alert Diver. Members have the option to buy insurance that will pay for expensive, specialized medical treatment for diving injuries, such as decompression sickness ("the bends"). Insurance premiums run $25, $35 or $70 per year, depending on the level of coverage. DAN also offers related products, such as life insurance and policies that cover underwater cameras and gear. In the last year, DAN fielded 2,990 dive-emergency calls, 10,347 non-emergency inquiries and 3,403 e-mails.

What does DAN do?
In addition to the membership services detailed above, DAN acts as a general think-tank for diving-related medical research and education. It funds and conducts various studies aimed at improving recreational scuba diving, often in partnership with Duke's Center for Hyperbaric Medicine and Environmental Physiology, with which it is closely affiliated. One current project, for example, is collecting, compiling and studying data downloaded from the dive computers of healthy divers vacationing all over the world. So far, Project Dive Exploration, as it's called, has compiled profiles of 32,000 dives.

How is it funded?
According to DAN's 2001 annual report, 53 percent of its revenues came from membership dues, 14 percent from product sales (like oxygen kits that dive boat operators carry on-board) and 10 percent from subsidiaries (more on that later). Charitable contributions from the public; education and training fees; and royalties each provide 6 percent, with the remaining 5 percent coming from sponsors, advertising and investments. DAN's 2000-01 tax return shows total revenues of $8.6 million.

What are DAN's subsidiaries?
DAN owns and operates two for-profit subsidiaries: DAN Services, based at DAN headquarters in Durham, and Accident and General Insurance Company, based in the Cayman Islands. DAN Services, created in 1998, handles the retail end of the business, such as selling insurance policies, oxygen kits and other products and services. In 2000-01, DAN Services reported $750,000 in revenue.

AGI, formed in 1993, insures the risk for DAN's member policies. After holding reserves to pay claims and operating expenses, AGI pays quarterly dividends back to its non-profit parent, to help fund the research and education mission work. In 2000-01, AGI reported $5.2 million in revenue, bringing the combined total of DAN, DAN Services and AGI revenue to $14.3 million.

For more information see www.diversalertnetwork.org

Comments

Subscribe to this thread:

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News Feature



Twitter Activity

Most Recent Comments

Nice post, Thank you for sharing valuable information. I enjoyed reading this post. The whole blog is very nice found …

by Manish Batra on A tragedy changes how high school wrestling is officiated in North Carolina (News Feature)

7308Dahiladr porn with god black fast huge huge huge evil ugly amored and sword craft onlin porn with taking porn …

by Michael Thompson on Gospel singer and pastor Shirley Caesar reflects on her life (News Feature)

http://kajalverma.com/
http://sahanasofi.com …

by Sahana Sofi on In Wayne County, N.C., Trump’s America Is Angry (News Feature)

What ever Trump has plans for is not looking good for those of us who work for a living...Trump already …

by Tony Dockery on Where Do We Go from Here? (News Feature)

Based on some of the comments here, I'm to understand that Mr. Mozingo is a worthless piece of trash because …

by mike_in_nc on In Wayne County, N.C., Trump’s America Is Angry (News Feature)

Comments

Nice post, Thank you for sharing valuable information. I enjoyed reading this post. The whole blog is very nice found …

by Manish Batra on A tragedy changes how high school wrestling is officiated in North Carolina (News Feature)

7308Dahiladr porn with god black fast huge huge huge evil ugly amored and sword craft onlin porn with taking porn …

by Michael Thompson on Gospel singer and pastor Shirley Caesar reflects on her life (News Feature)

Most Read

© 2016 Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation