"After careful consideration, América Móvil selected Asurion to launch a comprehensive mobile protection product through Telcel starting in Mexico City. We felt the convenience, comprehensive coverage and cost savings Asurion can provide offers an excellent solution for our clients," said Carlos Garcia Moreno, Chief Financial Officer, América Móvil. "We are proud to partner with América Móvil and expand our product offerings to Latin America, bringing comprehensive mobile protection to Telcel clients with Proteccion Móvil Telcel," said Kevin Taweel, Asurion Chairman and CEO. Asurion has partnered with Allianz Risk Transfer, a subsidiary of Allianz Global Corporate & Specialty SE to underwrite this multi-year insurance placement. The local Allianz company will be Allianz México, S.A. Compañía de Seguros, underwritten by Allianz Mexico.