Allianz Insurance

Allianz Insurance is an exceptionally business oriented insurer, with very little in the way of personal lines of insurance. It also focuses on specific business sectors, which include telecoms, the leisure industry, the media, the food and beverage sector, property ownership, financial institutions, logistics, engineering and electrical, chemical and pharmaceutical, and the motor manufacturing industry.

In terms of products, there is again a specific product set that Allianz focuses on. Many of these are dictated by the industries in which it operates, as mentioned above. So as you would expect, they offer property insurance packages, as well as products around engineering insurance, aviation insurance, and marine insurance. Added to these are liability insurance products.

Aside from straightforward insurance, there are various value-added and auxiliary products on offer. There is risk consultancy, which is part of the strategic services offering from the company. Allied to this is risk financing and alternative risk transfer. Finally, insurance products are available specifically for directors and officers of companies, taking into consideration the specific challenges they face and the resultant additional assurance needs.

The Allianz Group is also well known for the high profile events that is sponsors worldwide. Primary amongst these is the Formula 1 sponsorship with the AT&T Williams team. Then there is the sponsorship of the America`s Cup, the flagship yacht challenge between countries.