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Another £50,000 given in second round of donations for the Allianz Sports Fund initiative

Press release -

Another £50,000 given in second round of donations for the Allianz Sports Fund initiative

37 sports clubs nominated by brokers receive funding as Allianz makes second round of donations amounting to £50,000.

Allianz Insurance is happy to announce that the second round of donations of its Sports Fund has been confirmed and the beneficiaries have been notified.

A total of 37 donations, ranging from £500 to £3000, have been made to sports clubs around the country, totalling £50,000. This follows a previous £50,000 donated earlier this year.

Three of those deserving sports clubs are Westbury RFC, Scarboccia and Stockport School of Gymnastics.

Westbury RFC’s director, Emma Samways said the donation “means a lot to the club” and that the money will be used to buy rugby tops to launch a new team.

She said: “We are introducing a new walking rugby team for those who can no longer play full contact sport. We believe that having these tops at the launch of the team will show to the community how committed we are as a club to providing an accessible rugby team”.

Scarboccia player-coach Linda Clarke-Irons has said the donation will be used for venue costs to allow it to “to provide Boccia and inclusive sports”.

She said: “We are the only club on the Yorkshire coast that provide disability sport and we know that playing sport improves a person’s well-being.

“The funds would be used on facility/sports hall hire for us to continue providing Boccia and disability sport to everyone we can, regardless of age and level of ability.”

Finally, community fundraiser at the Stockport School of Gymnastics, Louise Gerrard-Jones has said the donation “will make such a difference” to its club and members. They plan on using the money to purchase more equipment in its efforts to recover from the effects of the pandemic.

As part of the initiative, every club that has received a donation will also receive a package of sports equipment.

Carolyn Rich, head of brand and social responsibility, Allianz Insurance said:

“Brokers have great local connections and we are very happy to support their local communities through sport. We hope people enjoy their time at these local sports clubs, which so often provide not just activities but a space for the whole community.

“We look forward to the next round of applications to hear from our broker partners about the great work these grass roots clubs are doing.

“As the Worldwide Insurance Partner for the Olympic and Paralympic Movements, we understand the power of sport. We hope people are encouraged to get out and make the most of these sports clubs.”

The Allianz Sport Fund will return and re-open for applications in 2022.

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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.

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Amy Yorston

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