Press Release

Final, 1 March 2016

GLASS'S EXTENDS ITS AGREEMENT WITH AGEAS

Today Glass's announced a two-year extension of the existing agreement with Ageas Insurance Ltd. to continue the use of its market leading eSalvage solution.

Glass eSalvage provides an online auction platform to manage total loss salvage disposal via its trusted dealer network. The agreement strengthens its already long-term relationship with the insurer through their motor vehicle salvage solution.

David Punter, Head of Bodyshop & Insurer at Glass's said "The extension of our partnership with Ageas is a result of everyone's hard work and it highlights our strong, long-term commitment to our customers.

"This deal reaffirms the great value that Ageas see in our salvage solution, which is known for promoting ethical disposal, creating complete transparency and for fully integrating with our customers' current claims systems. I want to say a big thank you to everyone involved."

Rob Smale, Claims Director at Ageas added "Here at Ageas, providing the highest standard of customer service when a customer makes a claim is our top priority and relationships with our suppliers, such as Glass's help us deliver on our promise.

"I am delighted that we will continue working with Glass's and I look forward to strengthening our partnership even further and delivering an outstanding service for the benefit of our customers."

ENDS

About Glass's

Glass’s is the largest vehicle data provider in Europe, offering products and solutions that are invaluable at every stage of a vehicle's lifecycle. These include key valuation, technical and fleet management data, estimating, bodyshop and dealer management systems and web-based services. Founded in 1933 by William Glass, the first Glass’s Guide to Car Values – widely referred to as the used car dealer’s bible – was published in July of that year. 

About Ageas

Ageas UKis a leading provider of award-winning insurance solutions in the United Kingdom. It distributes Personal and Commercial products underwritten by Ageas Insurance Limited through brokers, intermediaries, affinity partners, the internet and through its own wholly or part-owned companies trading as Ageas Retail, which also distributes products of other providers. Ageas Retail's brands include Castle Cover, Kwik Fit Insurance Services and RIAS. Ageas UK also holds a 50.1% share in Tesco Underwriting, providing home and motor insurance to Tesco Bank customers.

Insuring around seven million customers and working with a range of partners, Ageas UK is recognised for delivering consistent and high-quality customer experiences. It employs around 5,000 people with offices based across the UK.

Ageasis a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Italy, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 40,000 people and reported annual inflows close to EUR 30 billion in 2015 (all figures at 100%).

PRESS CONTACT

Martyna Stepien, 02380 313147, Martyna.stepien@ageas.co.uk

Ageas UK,Hampshire Corporate Park, Templars Way, Ageas House, Eastleigh, Hampshire, SO53 3YA

www.ageas.co.uk