New Partnership: BNP Paribas Cardif and Bank11

• BNP Paribas Cardif and Bank11 jointly develop mobility insurance solutions
• One rate across all engine-power classes and regardless of type of vehicle

As of now, BNP Paribas Cardif in Germany cooperates with Bank11, a bank specialised in German motor vehicle trading. Together the partners develop attractive insurance solutions in the field of mobility, which are offered to customers via the bank11 dealer network. In addition to classical extended warranty products, the protection of mobility has been rethought and tailored to the requirements of mobile customers. This includes insurance for repair costs available for motor vehicles, motorcycles, caravans and motorhomes. Car dealers will benefit from a protection on receipt of the warranty within 12 months for used vehicles.

“We are delighted to have won a partner with Bank11, which brings with it the right ingredients for a modern product range in the field of mobility protection, with a keen innovation and a strong dynamic. This is how we react to the fast-changing market,” says Daniel In der Wische, Chief Sales Officer at BNP Paribas Cardif in Germany.

Daniel In der Wische, Chief Sales Officer AT BNP Paribas Cardif GERMANY.

BNP Paribas Cardif is an experienced and internationally active specialist in the field of extended warranty. Bank11, on the market since 2011 and established player in the automotive industry, stands for fast, simple and fully digital application processes as well as innovative products. The aim of the cooperation is to provide modern protection products that meet the requirements and expectations of a mobile customer. Through this new partnership BNP Paribas Cardif will continue to make insurance more accessible with products that are easier to purchase, coupled with an optimized digital experience. The products are distributed through the bank11 dealer network, which is now connected to more than 17,000 partners in Germany.

“We are proud to have found a very strong partner with BNP Paribas Cardif, which can ideally complement our financial services in the field of mobility protection with a lot of experience and know-how,” says Jörn Everhard, Managing Director at Bank11. “The theme of repair costs is a central issue for many of our retailers and customers. With this new protection, we are creating an attractive offer for all parties.”

Jörn Everhard, MANAGING DIRECTOR AT Bank11

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