Allianz Global Corporate & Specialty (AGCS) Overview
Company Name: Allianz Global Corporate & Specialty (AGCS)
Headquarters: Dieselstrabe 8, Unterföhring, Bavaria, 85774, Germany
Website: agcs.allianz.com
Company Overview
Allianz Global Corporate & Specialty (AGCS) is a leading global provider of risk management solutions and insurance services, catering to corporate clients and various industry sectors, including aerospace and aviation. A part of Allianz SE, one of the world’s largest diversified financial services providers, AGCS operates in more than 30 countries and has a network of over 150 countries through its local Allianz companies. Established in 2003, AGCS specializes in delivering tailored insurance products and services designed for large-scale clients across multiple sectors.
A Short History
AGCS was created as a response to the changed landscape of corporate insurance after significant events like the September 11 terror attacks. The company was founded to meet the unique and complex insurance needs of larger corporations, particularly those that engage in high-risk industries such as aviation and aerospace. Over the years, AGCS has evolved and adapted to market demands, including the development of innovative solutions.
In 2012, AGCS strengthened its position in the aviation insurance market by acquiring the aviation portfolio of its parent company, Allianz, along with several existing aviation businesses. This strategic move significantly enhanced its capabilities in this niche sector, establishing AGCS as a key player in aviation insurance!
Main Products or Services
AGCS offers a wide array of insurance and risk management services tailored particularly for corporate clients. Their service sectors include:
- Aviation Insurance: Comprehensive coverage for airlines, airports, lessors, and aerospace manufacturers, offering hull insurance, liability coverage, and product liability insurance.
- Property Insurance: Customized solutions designed to protect against property losses due to fire, natural disasters, and other risks.
- Liability Insurance: A variety of liability coverages including general liability, product liability, and professional indemnity.
- Marine Insurance: Coverage for ships, cargo, and marine liabilities, supporting clients in global shipping.
- Energy Insurance: Risk management services for companies in the oil, gas, and renewable energy sectors.
- Cyber Insurance: Tailored insurance solutions for businesses looking to protect themselves against data breaches and other cyber threats.
- Construction and Engineering Insurance: Covering risks associated with construction projects.
- Financial Lines Insurance: Specialized coverage for financial institutions.
Other Services or Products
In addition to its core offerings, AGCS is recognized for its expertise in the aviation and aerospace sector. The firm effectively deals with the extensive regulatory and operational challenges faced within this industry. AGCS’s aviation underwriting team comprises experienced professionals with deep industry insights, allowing for more personalized risk assessments and tailored coverage options. This specialized approach helps clients mitigate risks and maximize safety!
Recent developments indicate AGCS’s commitment to innovation. For instance, their sustainability initiatives reflect the importance of environmental responsibility in insurance… Sustainability in Insurance is a growing conversation in the industry!
Ultimately, Allianz Global Corporate & Specialty operates at the intersection of insurance innovation and comprehensive risk management, positioning itself strategically to address complex risks in multiple sectors, especially in aviation and aerospace. With a leadership team dedicated to client-centric approaches, AGCS is enhancing its service offerings while adapting to meet the challenges and opportunities of the future.
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Bart Polot
4 months agoNice, clean and modern campus, very well organized for visitors, garage available.
Paul Wilkinson
6 years agoImpressive corporate environment with modern architectural quirks.
Carla Sampaio Firmino Amann
4 years agoDon't buy a trip on Allianz! I came to live a dream trip that became a nightmare in Thailand. I bought a trip with the Visa flag TUI card that guaranteed me insurance, even so I hired the travel insurance indicated by the company but it is a scam this insurance. My son ate something spoiled at the recommended hotel and got a bacteria and we had no support at all for the Hotel that blames it to other sectors and Tui said she would have to contact Allianz, but all phones don't work and now Tui said they are not responsible because it was a supplementary insurance. My son is hospitalized and I don't know how long we will be here, besides they took our things from the hotel and we don't know where we can go after the hospital. We're paying everything privately and we're running out of money. The doctor suggested we call the Swedish embassy so we can go back to our house. I am desperate because we are desperate with a small child and no one helps us. TUI, Marriott, Allianz and Zurich do not pay, do not hire them, especially you who have children.
Evgeny Krutov
a year agoIt’s a fraud insurance company. They’ll tell you they approved your claim but you’ll never see your money. I didn’t.
Lorenzo Gios
2 years agoVery nice company to work for: international, innovative, great work atmosphere!