Williams and Genworth announce new partnership
12 February, 2014
Press Release: 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.”