Cembra agrees partnership with Zurich Switzerland & More News Here

Cembra Money Bank AG / Key phrase(s): Miscellaneous
Cembra agrees partnership with Zurich Switzerland
01.06.2022 / 07:00

Zurich – Cembra, a number one Swiss supplier of financing options, and Zurich Insurance Company Ltd have entered right into a cooperation settlement that can profit clients on either side.

Anyone who has ever purchased or leased a automotive is aware of the way it feels to eagerly await a brand new automotive. But earlier than taking possession of a brand new automotive, the fitting car insurance coverage must be chosen. 

Cembra and Zurich Switzerland have simplified the method, providing a brand new service bundle for automotive and van leasing and financing clients. When making use of for a lease or a financing contract at one in every of Cembra’s 4,000 companion garages, clients can now choose their car insurance coverage with Zurich right away. The supplier enters all of the contract particulars after which sends them to Zurich Switzerland.

In a survey carried out by Cembra in 2021, the financial institution’s companion garages indicated that there was rising demand for mixed car financing and insurance coverage options amongst clients. Cembra is responding to that demand, and Zurich Switzerland can use this partnership to additional consolidate its place as a number one car insurance coverage supplier.

Esther Pfaff, Head of Product & Innovation at Cembra, says: “A transparent deal with the client is a key part of our strategic roadmap, so we’re delighted to have the ability to additional enhance the client journey for our leasing and financing clients by means of this new collaborative enterprise.”

Robert Gremli, Head of Brokers & Partnerships and member of the Management Board at Zurich Switzerland, says: “I am pleased that we are able to develop new offerings and services together with Cembra, providing added value for our customers.”

About Cembra 
Cembra is a leading Swiss provider of financing solutions and services. Our product range includes consumer credit products such as personal loans and auto leases and loans, credit cards, the insurance sold in this context, invoice financing, and deposits and savings products.

We have over 1 million customers in Switzerland and employ around 1,000 people from 43 different countries. We have our headquarters in Zurich and operate across Switzerland through our network of branches and our online distribution channels, as well as our credit card partners, independent intermediaries and car dealers.

We have been listed as an independent Swiss bank on the SIX Swiss Exchange since October 2013. Cembra is rated A– by Standard & Poor’s and is included in the SXI Switzerland Sustainability 25 Index and in the 2022 Bloomberg Gender Equality Index.

End of Media Release

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