Zurich Financial Services
27 September 2007
Zurich launches pan-European partnership with TomTom
Zurich Financial Services
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Zurich, September 27, 2007 - Zurich Financial Services Group (Zurich) is today
announcing a pan-European partnership with the world's largest navigation
solutions provider, TomTom. As Zurich's insurance products and TomTom's
navigation devices are both based on the idea of security and service, the
arrangement will ideally benefit both customer bases.
In the first such arrangement of its kind, Zurich customers in five European
countries (Austria, Germany, Italy, Spain and the UK), will be able to receive
an incentive to purchase TomTom satellite navigation devices. Similarly, TomTom
customers will gain discounts from Zurich on their car insurance. Each country
is developing its own local arrangements which will reflect their own unique
market and trading conditions.
Zurich is a leading insurance company providing insurance expertise and support
to customers across Europe. It is the market leader in direct motor insurance in
Germany and is the 3rd largest private and commercial motor insurer in the UK.
Research conducted by the leading independent Dutch research agency TNO showed
that drivers feel more relaxed, less stressed and safer when driving with a
navigation device. The research provided further insights and illustrates that
satellite navigation owners benefit from increased awareness, a reduced
workload, and less time and distance travelled when getting to their
destination. Full findings can be found at (www.tomtom.com/safety).
Theo Bouts, Chief Executive Officer of Zurich's Direct Business and Direct
Partnership unit Europe, said, 'Working with TomTom is a great fit for us at
Zurich, given our shared wish to have safe drivers on Europe's roads. Our
expertise in delivering pan-European direct insurance will allow us to bring
this important message to our customers.'
'We have always designed our products with safety as a key priority. Our tests
have consistently proven that our products act as a genuine driving aid,' said
Alexander Ribbink, chief operating officer at TomTom.
Zurich Financial Services Group (Zurich) is an insurance-based financial
services provider with a global network of subsidiaries and offices in North
America and Europe as well as in Asia Pacific, Latin America and other markets.
Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs
approximately 58,000 people serving customers in more than 170 countries.
This information is provided by RNS
The company news service from the London Stock Exchange