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Allianz becomes the No 1 Insurer brand and the value rises 12 percent

Press release   •   Oct 24, 2019 11:39 BST

  • Allianz jumps six places to 43rd to become the number one insurer in the Best Global Brand Rankings
  • Allianz brand value rises 12 percent in 2019 versus 2018
  • Allianz brand value now at $12.1 billion reports Interbrand

Allianz is the No 1 insurer in the Interbrand ranking of the 100 most valuable brands in the world. The Allianz brand came 43rd in this year’s ‘Best Global Brands Ranking’ moving up six places and increasing brand value by 12 percent to $12.1billion.

Allianz started its rise with a brand value of $4.9billion in 2010.

Interbrand is one of the world’s leading brand consultancies and has been in business for over 40 years. There are three key pieces of analysis that form the basis of Interbrand’s valuation methodology:

  • The financial performance of the branded products or services
  • The role the brand plays in purchase decisions
  • The brand’s competitive strength and its ability to create loyalty and, therefore, sustainable demand and profit into the future

Within the UK, our partnerships with the Saracens rugby team and ParalympicsGB help make our brand visible to millions of people. Our Allianz Experts brand campaign also strengthens our brand across the broker audience communicating our wide range of expertise across a number of areas providing confidence in an uncertain world.

Gaby Tischler, director of market management and brand at Allianz Insurance said:

“We’re delighted to become the number one insurance brand in the world. Customers and business partners are at the heart of everything we do and this commitment generates considerable loyalty towards the Allianz brand.

“We could not achieve this level of brand performance without providing an excellent service to our customers when it matters so the Interbrand rating is a significant achievement for the business.”


Ends.

The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.

The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. 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 673 billion euros on behalf of its insurance customers. Furthermore our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.

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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