Press & Media


KBC Bank Ireland to offer new home insurance products to Irish homeowners

09 July 2012

KBC Bank Ireland to offer new home insurance products to Irish homeowners

KBC Bank Ireland selects Zurich to develop competitively priced products

Monday, 9th July: KBC Bank Ireland is pleased to announce that it has selected Zurich, one of the world’s leading insurance groups, to develop competitively priced home insurance products.

Celebrating 40 years in Ireland next year, KBCI is one of Ireland’s leading mortgage providers and the introduction of the new KBCI home building and contents insurance will complement the existing mortgage product range.

“We selected Zurich because they demonstrated an understanding of our customers’ needs and also the innovation to develop products that offer real choice and value. Zurich is a global insurer with superior financial strength and a AA-/stable rating from Standard and Poor’s. By expanding the range of insurance products available to Irish homeowners, we are increasing competition in the marketplace which can only benefit consumers” says Dara Deering, Executive Director and Head of Retail Banking at KBC Bank Ireland

“We have been investing heavily in expanding our suite of retail financial services and these are being well received by consumers.  We are continuing to develop new deposit products, where we now have a suite of products offering market leading interest rates and we will also be exploring other financial services offerings as we grow our presence in Ireland”.

Maurice Cullen, Chief Marketing Officer Zurich Insurance Ireland said; “KBCI has a strong reputation for providing innovative financial services and we are delighted to have been selected by KBC Bank Ireland. At Zurich we understand the needs of customers and we want to make sure homeowners are protected against financial loss if their personal possessions are stolen or their home is damaged. We take a look at the whole picture, working sympathetically and swiftly to put everything in order again. I am confident KBCI customers will benefit from our extensive knowledge of the Irish market, backed by our global expertise in home insurance”.

Further information is available from www.kbc.ie, KBC offices in Dublin, Cork, Limerick and Galway or by phoning 1800 51 52 53.

Ends.

Contact:  Laurie Mannix / Mike Miley, MKC Communications 01 7038600

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