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Romania : Pointer S.R.L Romania Selected by BCR Asigurari, a Vienna Insurance Group Company, to Exclusively Provide Road Assistance Service Packages for its Customers in Romania & CEE.

Pointer Telocation Ltd. (Nasdaq Capital Market: PNTR, Tel-Aviv Stock Exchange: PNTR) - a leading provider of Automatic Vehicle Location (AVL) technology, stolen vehicle retrieval services, fleet management, car & driver safety, public safety, vehicle security, asset management and road side assistance, announces today that SC BCR Asigurari Vienna Insurance Group S.A. has selected S.C. Pointer S.R.L, Shagrir's subsidiary in Romania, as an exclusive provider for Road Assistance Services. As part of the Vehicle Insurance Policy offered by BCR Asigurari, customers will be able to choose from three service packages by Pointer S.R.L Romania; silver, gold and platinum packages.

Services offered include road assistance, vehicle towing and car replacement, carried out by company owned towing trucks and service cars, as well as a net of local sub-contractors across Europe.

BCR has been operating in the Romanian insurance market since 2001 and was acquired by the Vienna Insurance Group in 2008. The company distributes its products through around 170 offices as well as a nationwide network of BCR branches providing access to a large number of customers. BCR Non-life is constantly expanding its product range and improving its quality of service so as to further establish itself in the market and better serve its customers' needs. The company is one of the Top 5 insurers in the non-life segment in Romania, and focuses its sales efforts on motor vehicle insurance.

Shagrir provides RSA, SVR and Fleet Management services to over 750,000 customers in Israel. Shagrir's subsidiary in Romania, S.C. Pointer S.R.L, offers a wide array of Road Side Assistance services in Romania for insurance companies, car leasing companies and large car fleets.

"Partnering with BCR, a Vienna Group Company, enables us to introduce our know- how and accumulated experience in Road Assistance services to this expanding market", said Micha Kraus, Shagrir's CEO "Both companies are committed to providing a reliable service to our joint customers, offering policyholders geographically widespread car insurance coverage and peace of mind when traveling in Romania and across Europe".

Copyright : Euclid Infotech Pvt. Ltd.

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Date:Jul 27, 2010
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