Important role in internationalization: Allianz Deutschland strengthens strains of swap

Important role in internationalization: Allianz Deutschland strengthens strains of swap

– New market unit for constant market presence and customer oversight


– Central functions in strains of swap are strengthened

Munich, Germany – WEBWIRE

Allianz Deutschland is repositioning itself to leverage the crucial role of the German swap strains divisional corporations in internationalization and to foster a joint market presence. Germany is one among the excellent markets for the Allianz Community. For a few years, Allianz has been the leader in its house market – with excessive ranges of consumer and worker pleasure, stable products, a stable trace and a uniform market presence across the three product-offering entities. 

Allianz Deutschland has grown repeatedly at present. “On the opposite hand, our customers remember new expectations from us: they prefer simplicity, flow and the ultimate customer abilities. Here’s why, we want to location new standards for excellence in customer abilities,” says Klaus-Peter Röhler, Chairman of the Board of Administration of Allianz Deutschland AG and Board Member of Allianz SE.

Because the market leader, Allianz Deutschland no longer finest desires to additional gain the swap model in its house market, but additionally to rob on a pioneering role in serving the wants and expectations of our customers in a sooner and more excellent manner. As smartly as, the map is to use the brand new, easy and intuitive products internationally, in tell that German customers remember the relieve of greater pleasure and considerably reduced pattern charges. The German product services play a truly remarkable role in this internationalization. Röhler says: “We are able to perform our targets by enforcing the brand new construction of Allianz Deutschland and bringing the customer-relevant functions closer to the purchasers.” Below the brand new construction, all workers would possibly also lend a hand a house at Allianz. The contents of their employment contracts and their most new office will live unchanged.

Allianz will additional make stronger the three strains of swap – Allianz Versicherungs-AG (property and casualty insurance coverage), Allianz Lebensversicherungs-AG (lifestyles insurance coverage) and Allianz Deepest Krankenversicherungs-AG (smartly being insurance coverage) – to boost its jam within the domestic market. On this admire, additional swap functions will likely be integrated beyond product pattern. This is able to perhaps well also amplify effectivity at the product provider, shorten time-to-market and pork up customer abilities.

This strengthening of the product provider will likely be the premise for the advance of ‘absolute most real looking prepare’ products and the reuse of products in other nations. In direction of this end, world cooperation between the particular person divisions will likely be intensified across national borders.

The central functions of Allianz Deutschland AG will likely be assigned both to the strains of swap or to Allianz Beratungs- und Vertriebs-AG, reckoning on whether or no longer their tasks essentially repeat to a product provider or to distribution, or they’re going to be assigned to Allianz SE or one among its subsidiaries if there are economies of scale.

To present the ultimate customer abilities within the house market, Allianz nonetheless wants unpleasant-divisional administration within the German market, to boot to to strengthening the product provider and cooperation across national borders. A new market unit will rob on this assignment within the lengthy bustle. Klaus-Peter Röhler says: “In opposition to the background of growing customer expectations, the following step will likely be to boost this constant market and customer administration to other Allianz entities within the German market. This fashion, we are able to supply one trace, one message, one customer abilities.”

The plans teach the most new jam of concerns and are enviornment to the end consequence of the discussions to be held with the relevant worker representative our bodies.

As section of the changes, Board Member Fabio De Ferrari, Chief Working Officer (COO) of Allianz Deutschland AG since October 2018, will dash away the Board of Administration of Allianz Deutschland AG at his remember quiz on March 31, 2021 to pursue new opportunities initiate air the Community. As COO of Allianz Deutschland, De Ferrari has been instrumental in riding the transformation of Operations. This involves the modernization of the IT panorama by the profitable initialization of the decommissioning program to boot to the usual adoption of agile instrument pattern. “Thru these achievements, he has laid a truly remarkable basis also for our world cooperation,” says Klaus-Peter Röhler. “Fabio De Ferrari has also successfully helped to form and make stronger the course of of restructuring and integrating Operations into the divisions at Allianz Deutschland. I’d love to thank him for his outstanding achievements and I wish him every success and the total absolute most real looking for his new endeavors.”

More press releases from Allianz Deutschland AG can even be discovered right here: https://www.allianzdeutschland.de/presse

About Allianz

The Allianz Community is one among the world’s leading insurers and asset managers with more than 100 milliondeepest and company customers in additional than 70 nations. Allianz customers remember the relieve of a huge differ of non-public and company insurance coverage products and companies, ranging from property, lifestyles and smartly being insurance coverage to aid products and companies to credit rating insurance coverage and world swap insurance coverage. Allianz is one among the world’s greatest traders, managing round 790 billion euros on behalf of its insurance coverage customers. Furthermore, our asset managers PIMCO and Allianz World Investors arrange 1.7 trillion euros of third-gain collectively sources. Thanks to our systematic integration of ecological and social criteria in our swap processes and funding decisions, we’re amongst the leaders within the insurance coverage swap within the Dow Jones Sustainability Index. In 2020, over 150,000 workers finished complete revenues of 140 billion euros and an operating profit of 10.8 billion euros for the workforce.

These assessments are, as always, enviornment to the disclaimer supplied below.

*Including non-consolidated entities with Allianz customers.

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