Allianz donates up to 1 million euros to local relief and resilience

Claims adjusters, agents and brokers are providing on-site support to customers, making both technical and human resources available to enable immediate assistance and support for those affected.

In addition, Allianz Group is donating up to 1 million euros of which will be allocated in two ways: 500,000 euros is to be donated to relief efforts to the Spanish Red Cross. And up to 500,000 euros is to a) match employee and intermediaries’ donations to Red Cross Society’s Disaster Response Fund and b) to donate to local organizations that are focused on disaster prevention and resilience-building programs post-disaster, reiterating our long-term commitment to this market.

The devastating effects that this extreme weather event has had in different locations in Valencia, Albacete, Murcia, Almería and Málaga has led to a reinforcement and expansion of the staff and services of Allianz Spain’s special protocol for meteorological events.

We have intensified our digital assessment systems to assess damage via mobile phone and alerted our network of experts to intervene as quickly as possible to support those affected. Dedicated teams have been working over the weekend attending to our clients and intermediaries. Also, we have made available our offices to agents displaced by the disaster. 

Veit Stutz, CEO of Allianz Spain, says:

“In this very difficult situation, I would like to express my sincere condolences to all those who have lost a loved one in this terrible catastrophe. And to all those affected, and are still being affected, I send you my deepest sympathy at this difficult time.

The Allianz Spain team has been committed from the outset to providing all possible support to clients and intermediaries. That is why we have reinforced our special protocol to deal with the devastating consequences. It is in these situations where our role as insurers takes on greater relevance.”

Laura Gallach Montero
Allianz Spain
The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. 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 764 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of September 30, 2024.
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:
Choose an element

Choose an element

Choose an element

Choose an element

Choose an element

492 results

Dec 03, 2024 | Interview, Sustainability

Allianz recognized for excellence in sustainability reporting

The Building Public Trust Award, chaired by Prof. Dr. Alexander Bassen from the Sustainable Finance Research Group, evaluates the quality and consistency of Sustainability Reports of large German listed companies.

Dec 02, 2024 | Sustainability, Media release, Climate Change

Allianz Climate Risk Award: Scientific research is vital in addressing climate change

The 2024 Allianz Climate Risk Award ceremony, held on November 26, 2024, highlighted the remarkable achievements of three top finalists selected from over 70 applications from leading universities and research institutes worldwide.

Dec 02, 2024 | Mergers & Acquisitions, Media release, Property & Casualty

Allianz Australia: strategic partnership with Royal Automobile Association of South Australia

Allianz purchases general insurance business of RAA, expanding its consumer insurance presence in South Australia. / 20-year exclusive distribution agreement for the General Insurance product lines of RAA. / Transaction worth gross AUD$642 million (including excess capital and subject to completion adjustments) and expected to complete in mid-2025.

Nov 27, 2024 | Societal impact, Artificial Intelligence, Article

Allianz joins AI Pact for human-centered AI

Wherever artificial intelligence (AI) has come into use at Allianz, we prioritize trust and customer security. We want to ensure the greatest benefit for our customers and bring our employees along on this journey. Therefore, it has been a natural choice for Allianz SE to support the core commitments of the AI Pact, a an initiative to implement the principles of the EU AI Act as soon as possible.

492 results