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Allianz

Allianz

Company: Allianz SE

Brand value: US$8,655 million

Change since 2019: 4%

Headquarter city: Munich

Industry: Insurance

Year formed: 1890

 

 

Allianz provides insurance and asset management products to over 92 million customers in more than 80 countries. A premium brand in its category, it is one of the largest property, life and health insurers in the world. Under CEO Oliver Bäte, who took over the top post in 2015, Allianz has focused on building a stronger digital presence and simplifying its offering, with fewer products and a range of services that can be navigated more intuitively. Its sub-brand, Allianz Direct, in 2019 launched motor vehicle insurance cover in four European countries: Germany, the Netherlands, Italy and Spain. The brand promotes ecological and social causes, and is the leading insurer in the Dow Jones Sustainability Index. Since 2017, Allianz has sponsored the electric Formula E series to promote sustainable motorsport. It also supports the Paralympics and will be the only German brand sponsoring the Olympic Games from 2021 to 2028.