Toyota launches cooperation with Gjensidige
Aioi Nissay Dowa Insurance Company of Europe Limited and Gjensidige Forsikring ASA launch new cooperation.
In Toyota, Aioi Nissay Dowa Insurance Company of Europe Limited (ANDIE) is acknowledged as its captive insurer. ANDIE will terminate its current agency agreement with Tennant Assurance AS, and will at the same time enter into an agreement with Gjensidige Forsikring ASA.
Michael Kainzbauer CEO, Toyota Insurance Management, COO Aioi Nissay Dowa Insurance Company of Europe Limited states; “I am very pleased and proud to see Toyota Forsikring in Norway engage in a strategic cooperation with Norway’s largest and best renowned Insurer, Gjensidige. The aim has been to enhance our attractive offers for both new and old customers, to increase customer satisfaction, and to continuously support Toyota values.”
Insurance will be provided by Gjensidige Forsikring ASA and ANDIE jointly. Each company carries 50% of the risk. Customers will have direct support and service via Gjensidige, and the agreement follows Norwegian rules.
The transaction means business and obligations attached to the existing Toyota Forsikring portfolio will be transferred to Gjensidige Forsikring ASA.
“We are very pleased with the agreement, and strongly believe that Toyota and Gjensidige in unison will provide great offers to the Norwegian car buyers” says Gjensidige CEO, Helge Leiro Baastad.
President for Toyota Norway, Xavier Heylen expresses; “We are very happy to see this cooperation materialise. Toyota’s aim is to offer its customers the highest quality on products and services. Continuous improvement is important to further develop ourselves. We are pleased to be able to offer our customers the best product on the market.”