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Allianz strengthens its broker proposition with two new initiatives

Press release -

Allianz strengthens its broker proposition with two new initiatives

Unveiling of the Allianz Sports Fund and Mental Health First Aider courses as part of wider campaign showcasing what the insurer and its brokers can achieve together.

Allianz has revealed two exciting initiatives to coincide with a broker facing campaign focussing on the benefits its brokers can enjoy through working in partnership with Allianz.

As the Worldwide Insurance Partner for the Olympic and Paralympic Movements, Allianz has pledged £100,000 to the Allianz Sports Fund in 2021 to offer financial support in the form of grants between £500-£3,000 for community sports in the UK. This new initiative will allow brokers to support their local grassroots sports club by putting them forward to receive a grant from Allianz. Awards are to help sports clubs continue to provide opportunities within their local community and ease the financial impact as a result of coronavirus. Applications will only be accepted from clubs that have been nominated by one of Allianz’s broker partners. The first nomination period will be open from 15 March to 28 May with a second nomination period to follow later in the year.

Furthermore, Allianz is extending its strong engagement in the area of Mental Health by providing free Mental Health First Aider courses to brokers through a partnership with MHFA England. The course equips individuals with knowledge surrounding mental health and develops their skills to support colleagues, employees or loved ones. This is designed to help Allianz’s brokers establish a network of Mental Health First Aiders in their business to support both professional and personal resilience.

Both initiatives are the latest additions in a series of new broker benefits that also include LinkedIn learning licenses for brokers and the launch of a new Broker Apprenticeship programme earlier in the year.

A new campaign under the headline “Strong Partners for what’s ahead” will showcase these and other offerings from Allianz and illustrate what can be achieved together through working in partnership.

Simon McGinn, general manager, Commercial and Personal said:

“We’re proud to be launching these fantastic new initiatives. Evidenced by our partnerships with the Rugby Football Union (RFU) championing women’s rugby, the Olympic and Paralympic Movements as well as leading mental health charity, Mind, we work with organisations that are making a difference. So, we want to work with our brokers on initiatives that develop resilience at an individual, company and societal level too.

“Alongside these, our new campaign wraps up everything we offer our brokers, but also highlights the important role that our brokers play in delivering for our customers and in shaping the future of our industry and society overall.”

ENDS

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About Allianz Insurance

Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.

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.

Contacts

Amy Yorston

Amy Yorston

Press contact External Communications Manager 07794266474

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

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