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SulAmerica, BV Financeira and BV Leasing Enter Into Distribution Partnership

PRNewswire-FirstCall Car Insurance
Published: Tuesday, May 27, 2008 

SAO PAULO, Brazil, May 27 /PRNewswire-FirstCall/ -- SulAmerica, the largest independent insurance group in Brazil, and the financial arm of the Votorantim group, represented by VCS Corretora de Seguros, an insurance broker, BV Financeira, a consumer finance organization, and BV Leasing, announced today that the organizations have entered into an exclusive agreement to offer SulAmerica's automobile insurance through the points-of-sale network of BV Financeira and BV Leasing.The companies expect that a large portion of BV's nearly 80,000 monthly financing transactions will include the purchase of SulAmerica's auto insurance policies, generating at least R$500 million in additional auto insurance premiums over the next five years.The partnership will begin in the next month with a pilot project and will expand into the entire network of BV Financeira and BV Leasing within 90 days.....

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Car Insurance News: SulAmerica, BV Financeira and BV Leasing Enter Into Distribution Partnership...Get an auto insurance quote!

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