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Allianz launches inclusive returners programme for engineering inspection workers

Press release -

Allianz launches inclusive returners programme for engineering inspection workers

Allianz Engineering Inspection Services partners with STEM Returners to launch new scheme

Allianz Engineering Inspection Services (AEIS) has today announced that it is launching a brand new, inclusive scheme to help engineer surveyors return to work after time out.

Partnering with STEM Returners, Allianz is launching the programme allowing candidates to be re-integrated into an inclusive environment upon their return to work.

STEM Returners will source candidates from their population of experienced professionals who are attempting to return to work, more than half (51%) of which are female and 38% from black and minority ethnic groups.

Natalie Desty, director of STEM Returners said: “We are delighted to be working with Allianz Insurance to return highly skilled people back into the industry they love. There is a known shortage of skills across STEM industries, and we know that people who have had a career break are faced with an uphill task in getting back into the profession.

Martin Ball, head of inspection at Allianz Engineering Inspections Services said: “This is a fantastic scheme that defines our inclusivity within not just the inspection business, but the wider company.

“We are very proud at Allianz for our inclusivity, especially for me in the inspection business, where we have been awarded the silver accreditation from the Ministry of Defence for our committed support to armed forces personnel.

“And now, to team up with STEM Returners to provide a platform for those who want to come back into this great industry, only amplifies our commitment.”

ENDS

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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 plc.

About Allianz Group

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million* private 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 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

*Including non-consolidated entities with Allianz customers

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.

Contacts

Paul Platt

Press contact Head of External Communications 07385 340347
Sian Baker

Sian Baker

Press contact External Communications Manager 07891 570995
Sara Robinson

Sara Robinson

Press contact External Communications Manager 07918 470463

David Gwyer

Press contact External Communications Manager 07384 533714