remark December 2018 | Page 7

TWO BRANDS SETTING THE PACE IN THE INSURANCE INDUSTRY VITALITY AIG Vitality, born in 2014 has been making waves in the sponsorship industry by aggressively adding to their already impressive, but relatively new portfolio. Conversely to Vitality, US insurance firm AIG have put all of their eggs in one basket with a partnership marketing campaign hinged on their relationship with The New Zealand Rugby Union (NZRU), the most successful International Rugby team ever (some would argue). Formerly PruHealth, Vitality hit the market in 2014 with the sole aim of making health & life insurance better. Sponsorship was at the heart of their marketing strategy and to date have a combination of diverse properties across multiple sports such as Football (Arsenal, Chelsea, Newcastle, Bournemouth, Leicester, Cardiff), Golf (Junior Golf Championship), Cricket (England, T20 Blast), Netball (World Cup 2019 , England Netball), Mass Participation (Parkrun), Rugby (Scotland). On the face of it you may argue that Vitality’s sponsorship strategy has been fairly scattergun. You would be wrong! Making Health & Life Insurance better for the masses is Vitality’s ultimate aim. They have recognised the varying needs of their target audience and partnered with properties that give them as many opportunities to appeal to and reward to their diverse audience. VitalityInvest was launched in 2018, moving them into the investment market, it will be interesting to see if their property selection takes them outside of pure- sport properties and into arts / culture & music. We commend Vitality for putting partnerships central to their overall marketing strategy and this multi- property approach. We look forward to hearing about their new acquisitions in 2019. Although the All Blacks (Men’s Team) have been very successful over the past 20 years, AIG has rights to all six national teams including the Black Ferns (Women’s Team), All Black Sevens, Black Fern Sevens, Maori All Backs and U20 age groups. Through the partnership dating back to 1919 they have been able to build stories over time and show different sides to their brand – such as their commitment to Women’s Sport. They have also seen the fruits of 3 World Cup Wins by the All Blacks. In 2015 they were also able to utilize the iconic ‘HAKA’ dance to produce a fan experience like no other also showcasing their innovative side with a 360 degree immersive experience. Although you may argue that by partnering with a singular National Governing body you may isolate the rest of their key markets, however in the All Blacks & Black Ferns they have two properties that ooze success and appeal to the global audience not just those in New Zealand. Both brands have their own approach to partnership selection but both have a very clear vision of how they need sponsorship to work for them.