04:11 (GMT +7) - Friday 21/07/2017

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Bao Viet official insurer of Audi fleet for APEC 2017

Released at: 11:18, 12/04/2017 APEC Viet Nam 2017

Bao Viet official insurer of Audi fleet for APEC 2017

Photo: Bao Viet Insurance

Two sides sign agreement that further cements their already-strong cooperative partnership.

by Duy Anh

Continuing the series of cooperative activities during 2017 between Bao Viet Insurance and Automotive Asia (Audi Vietnam), the official Audi importer in the country, the two have signed a comprehensive agreement that makes Bao Viet Insurance the official insurance provider for the Audi fleet to be used during Asia-Pacific Economic Cooperation (APEC) 2017, the 25th such summit and to be held in central Da Nang city in November.

This latest cooperation is within the roadmap of both Bao Viet Insurance and Auto Asia to become comprehensive partners, bringing bilateral benefits and contributing to enhancing the competitive advantages of both.

The Audi fleet will be used during APEC 2017 to welcome State leaders from 21 member economies within the Asia-Pacific region, 2,000 ministers and high-ranking officials, 3,000 journalists and reporters, and 5,000 businesses.

Source: Bao Viet Insurance

The contract is an important event between the two sides. Auto Asia will have priority in using all Bao Viet products and services, including asset insurance, motor vehicle insurance, and construction insurance, among others.

Bao Viet Insurance commits to providing high quality products and services at preferential rates for Auto Asia and other members of Audi Group’s network. Bao Viet also prioritizes Auto Asia by introducing insurance products and services to the latter’s customers at preferential rates.

With a long-term goal of sustainable development, Bao Viet Insurance has continued to prove its brand and post solid business results. It retained its No.1 position within the non-life insurance segment last year, with total revenue of VND6.56 trillion ($289.6 million) and profit of VND301 billion ($13.3 million); the highest of all non-life insurers.

From 2016 to early 2017, it opened another eight subsidiaries, expanding its network to a total of nearly 80, along with more than 300 insurance offices and 30,000 agencies nationwide, shoring up its position as possessing the largest network in the country to serve and interact with customers.

Furthermore, its 24/7 customer service center and specialized insurance management software has helped it manage its customer database and ensure transparency in insurance activities.

Auto Asia was selected by the APEC 2017 National Committee as the official car sponsor for APEC 2017. The German group has produced limited edition models for the event, such as the Audi A4 2.0 TFSI, the A6 1.8 TFSI, the Q7 2.0 TFSI Quattro, and all-new A5 Sportback 2.0 and Q5 2.0 TFSI quattro. Special equipment to be used during APEC 2017 was carefully selected by the National Committee.

Audi Group is famous within high-end vehicle segment for brands such as Audi, Lamborghini, and Ducati. It has a presence in more than 100 countries and production bases at 16 locations in 12 countries. Last year it increased deliveries of its core brand, Audi, by 3.6 per cent, to a record 1,867,738 motor cars. Globally, it has 85,000 employees, 60,000 of whom are German.

Through this contract signing, the two sides restate their relentless efforts to bring new experiences to customers and ensure the greatest satisfaction with their products and services while adding more valuable benefits for customers of both.

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