Press release -
Allianz awarded gold status by the Armed Forces Employer Recognition Scheme
Allianz Holdings has been awarded gold status by the Armed Forces Covenant Employer Recognition Scheme. The scheme ensures that those who serve or who have served in the armed forces, and their families are treated fairly and encourages company employees to support the defence community. Employers can achieve varying levels of accreditation and Allianz was awarded bronze in 2020 and silver in 2021.
Allianz has demonstrated its commitment by:
- Employing over 80 veteran and reservists across the business
- Launching a new Reserve Forces Policy providing additional leave for reservist colleagues to attend training
- Proactively showing that armed forces personnel are not disadvantaged during the recruitment and selection process
- Ensuring the Allianz workforce is aware of the company's positive policies towards defence people issues
- Creating an employee-led network open to all veterans, reservists, Cadet Force Adult Volunteers and family members of service personnel
Allianz has also built a successful relationship with the Career Transition Partnership (CTP), a government funded initiative that supports service leavers to find new roles or training opportunities when leaving the military. The Allianz engineering team regularly attend CTP recruitment fairs, online chat sessions and have dedicated CTP recruitment adverts.
Julie Harrison, chief HR officer Allianz Holdings said: “It is fantastic to be awarded gold level and for all of the hard work of our people to be reflected in the award. We’re always striving to be the most inclusive employer we can be and this accreditation demonstrates that we’re more than on the right path.
“While the accreditation stops at gold that doesn’t mean our story has ended, we’re always looking ar the best ways to support our people and to be an attractive employer – insurance is a profession with many career options and we want to attract the best people to join us.”
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About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance
About Allianz
**As of March 31, 2023
***As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
No duty to update
The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
