Press release -
Allianz to move flagship Manchester office into sustainable Landmark building
Allianz Insurance is happy to announce that it will move its flagship Manchester office into Landmark, a sustainable building at the heart of the business district, after signing a 10-year lease for the first floor at the St Peter’s Square address.
Designed by architects Squire & Partners, the 13-level Landmark building has been rated excellent for its sustainability, according to the Building Research Establishment Environmental Assessment Method (BREEAM).
Allianz has signed a 10-year lease with real estate management firm Barings for 10,880 square feet on the first floor of Landmark.
The office space is being fitted out to reflect Allianz’s new flexible working strategy and will include features such as training zones, collaboration areas, as well as a broker zone for intermediaries to utilise when visiting.
Sarah Mallaby, director of broker markets at Allianz, said:
“We are looking forward to welcoming brokers to the prestigious Landmark Building. Investing in a flagship office like this demonstrates our commitment to the North.
“Our strategy has always been one of strong broker relationships, which we’ve managed to maintain during the various lockdowns, and we’re happy to soon resume meetings in real life.”
Over 100 Commercial and Engineering Insurance colleagues, who previously worked in Piccadilly Gardens, will settle in St Peter’s Square later this year, once the fit-out works have been completed.
Rated excellent according to BREEAM, the Landmark building is equipped with solar panels and electric car charging points, as well as sensors for lighting and taps. It includes storage for recyclable materials and a hub to park and maintain bicycles.
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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* 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.
