History of Alphera Financial Services New Zealand.

1993

• July - BMW Financial Services New Zealand established as a joint venture operation with Allied Finance Limited

1995

• March - Official launch of Rover Financial Services

1998

• July - BMW Financial Services New Zealand becomes a wholly owned subsidiary after BMW New Zealand purchases shares of Allied Finance
• July - Introduction of BMW and Rover motor vehicle insurance products
• October - Office relocated to BMW New Zealand premises in Mt Wellington, Auckland

1999

• Portfolio reaches $100 million

2001

• Alphera Financial Services New Zealand established as a division of BMW Financial Services New Zealand

2003

• May - Call Centre Services agreement entered into with Teletech Limited
• July - 10th anniversary of BMW Financial Services New Zealand
• December - $100 million retail new business volume achieved

2004

• November - Launch of BMW Credit Card in association with American Express

2005

• August - Move to new premises in 9 Pacific Rise
• October - Launch of new insurance programme Marsh Allianz partner
• December - Portfolio reaches $200 million

2006

• September - Launch of Alphera Financial Services marketing campaign and Alphera Financial Services New Zealand website

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