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Unicredit, Generali and Allianz partners in Eastern Europe

Agreement for insurance products for people and SMEs

05 June, 14:25

(ANSA) - MILAN - UniCredit announced in a statement they signed two exclusive strategic partnership agreements with Allianz and Generali for the dissemination and diffusion of insurance products for individuals and small and medium-sized enterprises in Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia and Slovenia. These long-term partnerships, according to the press release, will be gradually implemented in the second half of 2018 and will be mainly focused on life and non-life products with Allianz, and on credit protection insurance products with Generali. These agreements, which combine the wide distribution network of Unicredit with the insurance experience of the other two partners, will strengthen UniCredit's activities in bank-insurance and generate ''synergies thanks to a strengthened and unique commercial strategy, offering an expanded product range for UniCredit customers in a region which has strong growth potential''. (ANSA).

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