Press release -
Allianz Insurance renews prestigious CII accreditation
Allianz Insurance is proud to announce that it has been awarded Chartered Insurer Status for 2021.
The prestigious accreditation, awarded by the Chartered Insurance Institute (CII), is given to organisations in recognition for their commitment to excellence and professionalism.
The award is a hallmark of trust, and further underlines Allianz’s commitment to creating an inclusive culture and adopting ethical business practices.
The commercial side of the business was first awarded Chartered Status in 2010 and in 2016, Allianz Insurance became the largest single entity to hold the award.
Neil Clutterbuck, chief underwriting officer, Allianz Insurance commented:: “It is fantastic news that Allianz has been awarded Chartered Status again.
“At Allianz, we always strive for technical excellence and really do believe in continuous improvement. Achieving accreditation again is testament to the market-leading work being done across the business and the professionalism of our talented people.”
Sian Fisher, CEO of the Chartered Insurance Institute, said: “We are delighted to award Allianz Chartered status in recognition of its public declaration of professional standards and ongoing commitment to people development, which are key to building trust with clients and consumers.
“Chartered insurers such as Allianz commit to the Chartered Ethos of nurturing knowledge, client centricity and servicing society, in order to inspire confidence in the profession and deliver good customer outcomes.”
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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.
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. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. 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.
