UniCredit Signs Strategic Partnerships With Allianz, Generali
June 05 2018 - 5:49AM
Dow Jones News
By Pietro Lombardi
UniCredit SpA (UCG.MI) has signed strategic partnerships with
Italy's Assicurazioni Generali SpA (G.MI) and Germany's Allianz SE
(ALV.XE) for the distribution of insurance products in Central
Eastern Europe, the bank said Tuesday.
The partnerships are for the distribution of insurance products
for individuals and small companies in Bosnia and Herzegovina,
Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia,
Slovakia and Slovenia.
The agreements will be implemented gradually in the second part
of the year, the Italian bank said.
"These partnerships will enhance our offering by delivering a
full range of insurance products as well as outstanding services to
our individual and small business clients, leveraging on our
leading position in the region as well as the recognized brands of
Allianz and Generali," said Carlo Vivaldi, head of CEE division at
UniCredit.
Write to Pietro Lombardi at pietro@lombardi@dowjones.com
(END) Dow Jones Newswires
June 05, 2018 05:34 ET (09:34 GMT)
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