DUBLIN - Monday, September 22nd 2014 [ME NewsWire]
New product range includes life, disability, accidental death and dismemberment
(BUSINESS
WIRE)-- Allianz Worldwide Care has today announced the launch of a new
product range that will offer life and disability cover alongside
international health, giving corporate clients access to an enhanced
portfolio of products.
The addition of new products means that
the company’s clients and brokers can now source multiple insurance
options from one insurer, making the purchase of comprehensive health
and life insurance solutions simple and straightforward.
Ron
Buchan, Chief Executive of Allianz Worldwide Care said: “We can now
offer corporate clients and their brokers the convenience of sourcing a
range of insurance products from a single insurer. These products are
all key elements of an employee benefits package, helping our clients to
attract and retain staff. For corporate HR, there are cost benefits as
well as efficiencies in terms of the number of relationships they need
to manage throughout the year when it comes to incepting and renewing
policies and paying premiums.”
“Plus, we can offer clients a
global solution, with one system for reporting and policy
administration, regardless of the product combination they have chosen.”
Susan
Landers, Head of Marketing and Client Management added: “We can offer
life and disability cover tailored to each client’s needs, whether they
are small, medium or large groups. As well as the convenience of having a
number of products with one insurer, this will also be commercially
attractive, as clients who choose more than one type of product will
benefit from a premium discount.”
The introduction of these new
products follows the July 2014 merger of Allianz Worldwide Care Ltd with
the international divisions of Allianz France, which was a naturally
evolving step due to the similarities of these businesses. The merger
has resulted in the creation of a new entity, Allianz Worldwide Care SA,
which has a single license to underwrite both health and life insurance
and is regulated by the French Regulator. The Dublin office is a branch
of the new company, acting as the primary support hub for global
operations.
ENDS
About Allianz Worldwide Care
Allianz
Worldwide Care is the international health and life insurance division
of Allianz Worldwide Partners and part of the Allianz Group, which
serves more than 75 million customers in over 70 countries worldwide.
Allianz
Worldwide Care provides insurance solutions for health, life and
disability on a global scale. Our focus is on earning and maintaining
client loyalty by providing a market leading product range, level of
service and support. With a client base that includes many of the
Fortune Global 500 companies, Allianz Worldwide Care continues to build a
reputation for service excellence in international healthcare.
www.allianzworldwidecare.com
Contacts
Grayling (on behalf of Allianz Worldwide Care)
Press
Carolyn Monchouguy
Tel: +44 (0) 2075 927 924
carolyn.monchouguy@grayling.com
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