The Thomas Cook Netherlands pension contract is to be awarded to Delta Lloyd Verzekeringen from 1 January 2010. The contract comprises a five-year extension to the existing contract.
The total annual premium volume is €1 million with €22 million in invested assets. The contract covers the pension claims of approximately 400 active and 600 inactive participants.
Gert de Caluwe, CEO of Thomas Cook Netherlands, had this to say: “One of the main reasons why we opted for Delta Lloyd was their proactive thinking during the tendering and bidding process. In the new agreement the assets invested are left at Delta Lloyd with no premium payable and we are changing to a more simple system, namely an interest rate discount at Delta Lloyd.”
Delta Lloyd focuses on pension insurance and offers innovative solutions tailored to customer requirements.