Williams & Genworth announce Partnership Agreement
By Williams F1 Team
February 12 2014
Williams
& Genworth announce Partnership Agreement
Williams is
pleased to announce a new multi-year partnership agreement with global
lifestyle protection insurer, Genworth (NYSE: GNW).
Genworth is a Fortune 500 company with a heritage dating back to 1871.
Genworth’s Lifestyle Protection division is a leading provider of Lifestyle
Protection Insurance, distributed via financial institutions and other
distributors in over 20 countries worldwide, including a growing presence in
Latin America and China.
The new partnership will see the Genworth logo appear on the rear wing
endplate of the Williams Mercedes FW36, the overalls worn by each driver,
and the kit worn by team personnel from the 2014 season onwards.
Speaking about the new partnership Sir Frank Williams, Founder and Team
Principal of Williams, said; “I’m delighted to welcome a brand of Genworth’s
pedigree to the team for the 2014 season and beyond. We share a number of
similar values such as ensuring excellence and integrity in everything we do
and a truly global footprint. We’re looking forward to working in close
collaboration to help them maximise the benefits that come from a close
association with Williams and Formula One.”
"We are excited to become a partner to Williams," said Peter Barrett, Global
Managing Director of Genworth's lifestyle protection division. “The Williams
business, and the strong ideals and foundations that it is built on, are
very closely aligned to Genworth’s core values. Our partnership with
Williams provides Genworth with a powerful worldwide platform which mirrors
our global footprint, connects with new global audiences and will ensure
client engagement opportunities through the extensive coverage and profile
that Formula One receives globally.”
the nice thing with genworth is that they generally activate their sponsorships well. Their sponsorship of the European Tour led to them winning a ESA award for activation for their "Putts for Charity" concept
That said - the Williams sponsorship is costing quite a lot more than that - so might not be at those levels.....
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