Press release -
Allianz begins eight-year worldwide Olympic & Paralympic partnership
- Allianz is now the Worldwide Insurance Partner of the Olympic and Paralympic Movements 2021-2028
- Allianz expands local initiatives to engage and bring together athletes, teams, volunteers and fans in more than 200 countries
- Allianz UK is also celebrating new partnership with TeamGB.
Allianz has officially begun its eight-year worldwide partnership with the Olympic & Paralympic Movements, building on a collaboration with the Paralympic Movement since 2006.
To celebrate the launch, Allianz will run a series of initiatives in the UK to connect its partners and employees with athletes and fans across the world, to engage people with the spirit and values of the Movements. This will start with the chance to take part in the Olympic Torch Relay at Beijing 2022.
Allianz’s commitment to promote inclusion, diversity and excellence, both in the workplace and in the world of competitive sports, has been demonstrated by the existing partnership with ParalympicsGB. The new partnership will see Allianz UK extend its the support for British athletes by partnering with TeamGB from 1 January 2020.
Jon Dye, chief executive, Allianz Holdings, commented: “This is a truly exciting time for Allianz as we launch our new Olympic & Paralympic Partnership, building on our strong global presence and proven track record which follows more than a decade of success with the Paralympic Movement.
“I’m delighted the new partnership will provide us with a unique and powerful platform to connect with audiences around the world. Our shared values make this an excellent fit for our business, as the Olympic and Paralympic visions are very much aligned with our own aim of securing the future for our customers and society. We believe that nothing else empowers, unites and brings out the best in people like the Olympic & Paralympic Movements and we are thrilled to be a part of it.”
Oliver Bäte, chief executive officer of Allianz SE, said: “Allianz is proud to be the Worldwide Insurance Partner of the Olympic & Paralympic Movements. As a supporter of the sports ecosystem and through shared core values of excellence, friendship, inclusion and respect, Allianz and our 148,000 employees and 100,000 agents are excited to care and deliver for athletes, their families and their ambitions.”
IOC president Thomas Bach, commented: “Having announced this new agreement in 2018, our teams have been already been working together in key pilot markets to support athletes and the Olympic Movement. As we start this new Olympic year, we are excited to begin in earnest our global collaboration with Allianz.”
“Allianz brings global visibility to the athletes and values of the Paralympic Movement and we look forward to our next phase working together,” added IPC president Andrew Parsons.
ENDS
Notes to Editors
1) The partnership includes the following organisations in the UK: Allianz Holdings, Allianz Global Corporate & Specialty, Allianz Partners, Allianz Global Investors and Euler Hermes.
Topics
Regions
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.
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 740 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage almost 1.6 trillion euros of third-party assets. In 2019, over 147,000 employees achieved total revenues of 142 billion euros and an operating profit of 11.9 billion euros for the group.
These assessments are, as always, subject to the disclaimer provided below.
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.
