Toyota's insurer to enter Poland this year

Car manufacturer Toyota and insurer Aioi Nissay Dowa Insurance Europe have established the Toyota Insurance Management (TIM) joint venture which is to enter the Polish market yet this year, Puls Biznesu daily reported. The company has already registered its branch in Poland, according to Artur Niewrzędowski from Talking Heads, the firm which represents Toyota Bank. TIM will be an independent insurance broker with an interdependent management and business. The new company is to play a role of the agent of Toyota dealer chain, the daily informed.