Allianz Global Benefits now a part of Allianz Partners
The move will enhance its value proposition for multinational corporations
Allianz Global Benefits, the employee benefits network of the Allianz Group, has joined Allianz Partners, a business to business to consumer (B2B2C) insurance and assistance company, as of 1 January 2023.
This strategic move will allow the Allianz Group to significantly enhance its value proposition for multinational corporations in the field of global employee benefits through a holistic corporate life, pension and health insurance offering and strengthened distribution capabilities.
Allianz Global Benefits is the global employee benefits network of Allianz Group and provides employee benefit solutions to multinational corporations and global brokers at a global level. And Allianz Partners is a leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance.
Ida Luka-Lognoné, CEO Health at Allianz Partners, said: “I am delighted to welcome Allianz Global Benefits to the Allianz Partners family. There are many synergies between Allianz Partners and AGB in terms of the broker channel, customers, proposition and market approach.
“Our joint and strengthened B2B2C approach will allow us to further leverage our expertise in both International Private Medical Insurance and local employee benefits program business. Multinational corporations can expect a flexible and innovative set of employee benefits solutions including a strong health and wellbeing service proposition.”
Dirk Hellmuth, CEO of Allianz Global Benefits added: "This is a considerable step in the evolution of our current AGB business model. It implies increased capabilities to centrally steer the entire global employee benefits value chain and to ensure strong delivery to our existing and new clients.”