LogoSeguros LOGO, the group’s direct insurer, launched on the 14th January 2008, exceeded its objective of 20,000 clients within the first year of operations by reaching a figure close to 30,000. The telephone and internet based insurer reported premiums relating to the motor sector of EUR 4.1 million. Seguros LOGO is confident that this growth will continue and that their target of 100,000 clients by the end of 2010 can be achieved.