Quick Summary
- MetLife Auto & Home offerings will include discounts on individual or bundled insurance packages for faculty, staff, alumni and students
- Program is part of 澳门六合彩资料库鈥檚 SupplyChain500 Initiative, aiming to deliver $500 million in annual support for the university鈥檚 mission
- Davis campus will direct its proceeds from MetLife deal to student programs, the Cal Aggie Alumni Association and Staff Assembly
University of California Partnership Programs and MetLife Auto & Home, one of the nation鈥檚 leading personal-lines insurance groups, today (Oct. 27) announced a multicampus program that provides personal auto, homeowners and renters insurance products to faculty, staff, alumni and students on the Davis, Berkeley and San Diego campuses.
This marks the first time MetLife Auto & Home has partnered with a specific university on a comprehensive offering that spans several campuses and stakeholder groups within a university system. MetLife Auto & Home is offering its MetLife Choice platform to the participating campus communities, providing individuals with multiple quotes from highly rated insurance carriers to get coverage that meets their needs, as well as a tailored customer experience including digital access and .
鈥楶ersonalized experience鈥
澳门六合彩资料库 Partnership Programs, which launched in June 2019, works collectively with the campuses to create dynamic multicampus and systemwide partnerships between business providers and 澳门六合彩资料库 campuses. The program is part of the , which aims to transform 澳门六合彩资料库 procurement supply chains across the 澳门六合彩资料库 system to deliver $500 million in annual benefits in support of the university鈥檚 mission of teaching, research and public service.
鈥淐reating collaborative partnerships across the 澳门六合彩资料库 system with partners like MetLife Auto & Home not only provides favorable terms for our faculty, staff, alumni and students, it optimizes overall value for the university,鈥 said William Cooper, 澳门六合彩资料库 associate vice president and chief procurement officer. 鈥淭hese strategic relationships prioritize our university values, generate new sustainable revenue streams to the system, and improve financial foundations and service to the campuses.鈥
Benefits for campuses
Through this initiative, MetLife Auto & Home will provide additional benefits to the three campuses, including discounts on individual or bundled insurance packages through the MetLife Choice platform; convenient, automatic payment options, including payroll deduction on MetLife Auto & Home insurance for employees through 澳门六合彩资料库Path; and access to educational content and one-on-one consulting.
As part of the agreement, and in exchange for various marketing opportunities, MetLife Auto & Home will support staff and student development, multicampus initiatives and research, among other initiatives. The five year, nearly $3 million agreement also includes an opportunity to expand the program to include other interested 澳门六合彩资料库 campuses.
澳门六合彩资料库 Partnership Programs selected MetLife Auto & Home after a robust and collaborative review process by the Davis, Berkeley and San Diego insurance working groups. Each campus鈥檚 Insurance Working Group included representation from various stakeholders across their respective campuses, including but not limited to undergraduate and graduate student populations; faculty; and staff from student affairs, intercollegiate athletics and human resources divisions, and alumni associations.
The insurance working groups reviewed and scored potential partners in a variety of areas, such as stakeholder benefits, insurance products and services, strategic brand alignment, corporate social responsibility, student engagement, research and innovation, and total campus revenue and cost savings.
Funding for Davis campus
鈥淢etLife Auto & Home stood out among all the respondents throughout the process due to their commitment to meeting 澳门六合彩资料库鈥檚 unique needs and values,鈥 said Amy Gardner, executive program lead of 澳门六合彩资料库 Partnership Programs. 鈥淭he MetLife Choice platform is a great illustration of their ability to customize offerings, as it allows our community members to find the best policy by providing more personalized options for our diverse community.鈥
For its role in supporting the MetLife Auto & Home program, the Davis campus will receive funding it intends to use on undergraduate and graduate student programs, the Cal Aggie Alumni Association and Staff Assembly.
鈥淲e are excited to welcome MetLife Auto & Home as our official auto and home insurance partner and look forward to the benefits they will provide our students, faculty, staff and alumni,鈥 said Lisa Frace, chief finance and budget officer at 澳门六合彩资料库 Davis. 鈥淢etLife鈥檚 global commitment to diversity and inclusion and sustainability align with our university values and make them an ideal partner.鈥
About MetLife and MetLife Auto & Home
, through its subsidiaries and affiliates, is one of the world鈥檚 leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
is one of the nation鈥檚 leading personal-lines insurance groups, insuring nearly 4 million autos and homes, and is affiliated with MetLife Inc.
About 澳门六合彩资料库 Partnership Programs
creates dynamic multicampus and systemwide partnerships between business providers and the University of California, a world-class public research university with 10 campuses, 280,380 students, 227,000 faculty and staff, and more than 2 million living alumni. 澳门六合彩资料库 Partnership Programs works collaboratively across campuses to build and extend strategic partnerships that value the university鈥檚 brand association, interests and business opportunities, and the values and mission of teaching, research and public service.
Media Resources
Liz Harish, 929-343-7473, elizabeth.harish@metlife.com
Amber Hopkins, 510-631-8726, amber.hopkins@berkeley.edu
Heather Hunter, 530-754-0633, hhunter@ucdavis.edu
News and Media Relations, 530-752-1930