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Cristina Nestares celebrates her first anniversary as General Director of Admiral Group’s division in Spain

Published on December 29, 2007
Filed under Scholars news | Leave a comment

Cristina Nestares (granted 2004) celebrates the first anniversary as General Director of Admiral Group’s division in Spain. Admiral Group entered into the Spanish automobile insurance market of direct sales (phone and internet) with the brand Balumba.es, direct sales. Balumba’s strategy is to offer good quality at very competitive prices and to ease the contracting process. It covers drivers of any demographics, starting at age 18.
Balumba has introduced an innovative concept. The client designs the policy “à la carte”, deciding which coverages to add to or drop from their insurance policy among those which are not mandatory.

About Admiral Group
Admiral Group is the third automobile insurance group in the highly competitive market of the United Kingdom. It has more than 1,240,000 customers and more than 2,000 employees in Cardiff and Swansea. They signed the first insurance policy in January 1993. Since then they have experienced a 35% annual growth. Admiral Group is listed in the London Stock Exchange and has a market value of 4,200€ million.


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