UK-based Sainsbury’s Bank is planning to partner with general insurer Allianz Insurance, part of Allianz SE Group, to provide its pet insurance for customers.
Under the partnership, which will launch in the autumn of 2013, Allianz will supply sales and service as well as underwriting services.
Sainsbury's Bank CEO Peter Griffiths said the new partnership will remain committed to provide Sainsbury's customers with value and quality pet insurance.
Allianz CEO Jon Dye said, "We are delighted to be working with such a well- known, customer-focused brand and look forward to meeting the needs of Sainsbury's pet insurance customers.
"This is a fantastic result for our business and a great endorsement of the quality of our corporate partner proposition."