RBC Insurance and Shoppers Drug Mart Expand Alliance

 Canadians can now purchase RBC Insurance Travel Insurance through Shoppers  Drug Mart website and earn Shoppers Optimum Points  TORONTO, Feb. 13, 2013 /CNW/ - RBC Insurance and Shoppers Drug Mart  Corporation today announced the launch of co-branded travel insurance product  offerings to be sold exclusively online through the Shoppers Drug Mart website  beginning February 16, 2013.  "We're excited that the RBC and Shoppers Drug Mart alliance has evolved to  include travel insurance," said Neil Skelding, president and CEO, RBC  Insurance. "This new opportunity fits well with our strategy of providing  Canadians with more channels to access our products and services. It will also  further highlight the importance of travel insurance for Canadians when  crossing the border, travelling internationally or outside of their home  province."  A recent RBC Insurance survey found that among the 39 per cent of Canadians  planning to travel outside of Canada within the next year, only 60 per cent  are planning to purchase travel insurance for their upcoming trip.  "Many Canadians already turn to Shoppers Drug Mart for their travel needs,  including passport photos, travel accessories and immunizations," said Domenic  Pilla, president and CEO, Shoppers Drug Mart. "With the introduction of this  co-branded travel insurance, with a trusted provider like RBC Insurance, we  are strengthening our total travel offering and improving access and choice  for our customers."  The travel insurance lineup is the latest addition to the suite of co-branded  products available since RBC and Shoppers Drug Mart announced an alliance in  early 2012. The RBC Shoppers Optimum banking account was launched at that time  and the co-branded MasterCard made its debut in the fall of 2012.  When Canadians visit the Shoppers Drug Mart website to purchase travel  insurance and enter their Shoppers Optimum card number, they will earn 10  Shoppers Optimum Points per $1 of insurance premium. Shoppers Optimum Points  will automatically be credited to their account. If the RBC Shoppers Optimum  MasterCard is used to purchase travel insurance online, another five points  per $1 will be earned, through the credit card.  Travel insurance products available through the Shoppers Drug Mart website  will include emergency travel medical, as well as trip cancellation and  interruption insurance.  About Shoppers Drug Mart Shoppers Drug Mart Corporation is one of the most recognized and trusted names  in Canadian retailing. The Company is the licensor of full-service retail drug  stores operating under the name Shoppers Drug Mart (Pharmaprix in Québec).  With more than 1,240 Shoppers Drug Mart and Pharmaprix stores operating in  prime locations in each province and two territories, the Company is one of  the most convenient retailers in Canada. The Company also licenses or owns 55  medical clinic pharmacies operating under the name Shoppers Simply Pharmacy  (Pharmaprix Simplement Santé in Québec) and six luxury beauty destinations  operating as Murale. As well, the Company owns and operates 62 Shoppers Home  Health Care stores, making it the largest Canadian retailer of home health  care products and services. In addition to its retail store network, the  Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of  specialty drug distribution, pharmacy and comprehensive patient support  services, and MediSystem Technologies Inc., a provider of pharmaceutical  products and services to long-term care facilities.  For more information, visit www.shoppersdrugmart.ca.  About RBC Insurance  RBC Insurance(®), through its operating entities, provides a wide range of  travel, life, health, home, auto, wealth and reinsurance products and  solutions, as well as creditor and business insurance services, to individual  and group clients. RBC Insurance has more than four million clients globally.  We are one of the largest Canadian bank-owned group of insurance companies and  among the fastest growing insurance organizations in the country. RBC  Insurance employs more than 3,200 employees around the globe, and is the brand  name for the insurance operating entities of Royal Bank of Canada.  RBC Insurance Margie McNeil, 416 388-3697 Kiara Famularo, 905 606-1481  Shoppers Drug Mart Tammy Smitham, 416 490-2892  Image with caption: "RBC Insurance/Shoppers Drug Mart - Understanding the  Value of Travel Insurance (CNW Group/RBC)". Image available at:   http://photos.newswire.ca/images/download/20130213_C5178_PHOTO_EN_23677.jpg  SOURCE: RBC  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/February2013/13/c5178.html  CO: Shoppers Drug Mart Corporation ST: Ontario NI: FIN ORDER  
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