DGAP-News: Williams Grand Prix Holdings PLC : Williams and Genworth Announce New Partnership Agreement

DGAP-News: Williams Grand Prix Holdings PLC : Williams and Genworth Announce 
New Partnership Agreement

DGAP-News: Williams Grand Prix Holdings PLC / Key word(s):
Williams Grand Prix Holdings PLC : Williams and Genworth Announce New
Partnership Agreement

12.02.2014 / 11:11



Williams and Genworth Announce New Partnership Agreement

Williams (Ticker: WGF1) 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.'


Williams Media Contact                                                     
Genworth Media Contact
Sophie Ogg                                                                 
Michael Burns
Senior Communications Manager                                              
PR Director
M +44 (0) 7977 275 762                                                     
M +44 (0) 7703 796016

About Williams

Williams is a leading Formula One team and advanced engineering company.
Formed in 1977 by Sir Frank Williams and Patrick Head, Williams has secured
16 FIA Formula One World Championship titles since its foundation. Nine of
these titles have been won in the Constructors' Championship, with the
remaining seven titles being Drivers' Championships won with Alan Jones,
Keke Rosberg,Nelson Piquet, Nigel Mansell, Alain Prost, Damon Hill and
Jacques Villeneuve.

The company's core competencies are the design and manufacture of Formula
One race cars, and the deployment of this expertise in running the team's
entries into the Grands Prix each season.

Williams Advanced Engineering is the division of Williams that harnesses
Formula One derived technology, development pace and knowledge to deliver
highly innovative products and services to the motorsport, automotive,
transport, and energy sectors. Working in close collaboration, Williams
Advanced Engineering helps its customers meet the sustainability challenges
of the 21st century and improve their performance, market position and
brand image.

About Genworth Lifestyle Protection

Genworth's lifestyle protection products have been designed to help people
over the entire course of their lifetime, regardless of what happens. Our
products include:

Lifestyle protection insurance, with financial aid in case of the
diagnosis of a serious illness, accident or death;
Basic expense insurance, which helps with daily costs, such as essential
bills and financial commitments;
Loan insurance, which covers mortgage, credit card and financial
agreement payment in case of involuntary unemployment, illness or
Business and asset insurance, which offers solutions for small and
medium-sized enterprises, and assistance with additional expenses that
arise due to vehicle or equipment damage, theft or liquidation.

About Genworth Financial 

Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance
holding company dedicated to helping people secure their financial lives,
families and futures. Genworth has leadership positions in offerings that
assist consumers in protecting themselves, investing for the future and
planning for retirement -- including life insurance, long term care
insurance, and financial protection coverages -- and mortgage insurance
that helps consumers achieve home ownership while assisting lenders in
managing their risk and capital.

Genworth operates through three divisions: U.S. Life Insurance, which
includes life insurance, long term care insurance and fixed annuities;
Global Mortgage Insurance, containing U.S. Mortgage Insurance and
International Mortgage Insurance segments; and the Corporate and Other
division, which includes the International Protection and Runoff segments.
Products and services are offered through financial intermediaries,
advisors, independent distributors and sales specialists. Genworth,
headquartered in Richmond, Virginia, traces its roots back to 1871 and
became a public company in 2004. For more information, visit genworth.com.
From time to time, Genworth releases important information via postings on
its corporate website. Accordingly, investors and other interested parties
are encouraged to enroll to receive automatic email alerts and Really
Simple Syndication (RSS) feeds regarding new postings. Enrollment
information is found under the 'Investors' section of genworth.com.

End of Corporate News


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