Archive for the 'Fortis' Category

Fortis Corporate Insurance gets an A rating from S&P

Monday, December 4th, 2006

Standard & Poor’s (S&P) has awarded Fortis Corporate Insurance N.V. an A (Strong) rating. It considers the outlook stable.

Brussels /Utrecht, 8 September 2006  Fortis Corporate Insurance is part of Fortis Insurance International and focuses on nonlife business, providing medium and large-sized companies with fire, transport, liability and fleet insurance.

Standard & Poor’s states that the rating is based partly on FCI’s sound competitive position, good operating results and very strong capitalisation. The fact that Fortis Corporate Insurance is part of Fortis is a further factor.

Patrick Coene, CEO of Fortis Corporate Insurance says: ‘We have invested a good deal in recent years in enhancing the quality of our service and the return on our portfolio. This A (A flat) rating proves that our efforts have been successful. It is an extra affirmation of our reliability in dealings with clients.’

Fortis Corporate Insurance N.V. (FCI) provides non-life insurance to medium and large-sized (inter)nationally operating companies based in the Benelux countries. FCI’s business lines are Marine, Property, Liability and Fleet. FCI is a subsidiary of Fortis Insurance International.  Fortis Corporate Insurance is part of Fortis, an international financial service provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 39.5 billion (31/08/2006), Fortis ranks among the twenty largest financial institutions in Europe. Our sound solvency position, our presence in 50 countries and our dedicated, professional workforce of 58,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available on www.fortis.com

Press Offices:
Brussels:
+32 2 565 3584 Utrecht: +31 30 226 3219
Investor Relations:
Brussels: +32 2 510 5378 Utrecht: +31 30 226 3220

Fortis launches new brand campaign and makes new brand promise; ‘Getting you there’

Monday, December 4th, 2006

Brussels/Utrecht, 2 February 2006 Fortis launched its new international brand campaign and brand promise, ‘Getting you there’ during a special event in Brussels and Paris today. The campaign builds on the earlier promise to act as one company under one flag.

The campaign kicked off this morning when a special Fortis Thalys, branded with the images of the new campaign, entered Brussels Midi Station. CEO Jean-Paul Votron then added a final sticker bearing the word ‘growth2’ and the train took off for Paris, where Mr Votron opened the new Fortis House. The Fortis House is a new concept bringing together all services for the Enterprise and Entrepreneur under one roof, and will be rolled out across Europe.

The international brand campaign is directed primarily at medium-sized companies and international opinion leaders. The international campaign schedule includes TV, press and billboards at major international airports.

During his speech at the Fortis House, CEO Jean-Paul Votron explained: “We want our customers to know that we will go the extra mile for them. Our international activities are expanding significantly and we will continue to invest in growing our activities in Europe, and selectively in Asia and North America. At least 30% of our profits will come from outside the Benelux region by 2009.”

The new Fortis promise, ‘Getting you there’, expresses the passion, drive and expertise that Fortis wants to be identified with. Fortis helps customers to realise their dreams, plans and ideas and provides them with the right banking and insurance solutions. “A key strategic focus is on Enterprise and the Entrepreneur” Jean-Paul Votron  continued. “In particular, our European network of currently 110 business centres in 14 countries is growing by an average of seven a year, and will cover 25 European countries by 2009. Within a market of around 500,000 internationally operating medium-sized enterprises,we are targeting a 10% share. We have linked the commercial banking activities we carry out for these companies with our private banking activities. This enables us to service the same entrepreneur who comes to us with personal as well as business finance.”

Jean-Paul Votron repeated the promise he made at the beginning of 2005. “Fortis will act as one company under one flag.” This implies that all Fortis businesses will adopt the Fortis brand in the course of 2006. “And we are well on track; in November 2005 our Turkish and Luxembourg banks fully rebranded to Fortis. Now the Fortis name is also gaining visibility at our business centre network and private banking activities. Our promise emphasises that we are one company providing the same high-quality service all over the world.”

Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners.

With a market capitalisation of EUR 37.34 billion (31/01/2006), Fortis ranks among the twenty largest financial institutions in Europe. Our sound solvency position, our presence in 44 countries and our dedicated, professional workforce of 56,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available on www.fortis.com

Press Offices:
Brussels:
+32 2 565 35 84 Utrecht: +31 30 226 32 19
Investor Relations:
Brussels:
+32 2 510 53 91 Utrecht: +31 30 226 32 20