Euler Hermes announces an extension to the protective shield scheme

The global pandemic continues to create a volatile environment for the German economy, especially its many SMEs. So, last week’s announced extension of the protective shield is a welcome boost for businesses and welcome news for the German economy.

Euler Hermes: Successful extension of supply chain protection

The German government, Euler Hermes and other German credit insurers have jointly decided to extend their protective shield for the German economy by six months until June 30, 2021. The agreement is still subject to approval by the EU Commission.

Are pandemics insurable?

The magnitude and impact of the COVID-19 pandemic on businesses, regardless of size or location, cannot be underestimated. Mass closures due to lockdown restrictions have sent shockwaves through the economy and led to the number of business interruption-related damages to soar. As a result, insurers have come under fire. They argue that pandemics are not insurable and insurance cover cannot be provided. Allianz, however, is working on solutions for the future...

Earthquake and Fire Research Center in Turkey expands family of Allianz research centers

The family of Allianz Centers for Technology is growing. With the Allianz Teknik Earthquake and Fire Testing and Training Center in Turkey, three Allianz Group research centers are now available to support customers and society in loss prevention, improve products and processes, and increase the operational safety of systems and consumer goods.

Insurance Outlook 2020: A Lost Year

Coronavirus will keep the insurance industry in weak health this year. But the pandemic could accelerate emerging trends in the industry. Digitalization, ESG and Asia are some keywords to watch, says the latest Allianz Global Insurance Report...

Allianz Global Corporate & Specialty SE embarks on global transformation program

Under its new leadership, Allianz Global Corporate & Specialty (AGCS), the industrial insurer of Allianz Group, announces a comprehensive transformation program, “New AGCS”, to regain profitability and market leadership in the corporate and specialty insurance segment.

Allianz and Lime jointly address safety needs in micromobility industry

Lime, the global leader in shared smart mobility solutions, and Allianz, via its Allianz Partners entity dedicated to assistance and insurance solutions, have entered into a global strategic partnership focused on improving the safety of micromobility. Together, Lime and Allianz have launched a comprehensive insurance program that automatically provides Lime riders with two types of insurance: Personal Accident Insurance, and Liability Insurance, at no extra cost.

Coronavirus pandemic: Euler Hermes Germany participates in protective shield for German companies and suppliers

The continuing spread of the coronavirus pandemic is putting more and more German companies under considerable pressure. In order to protect these companies and their supply chains, the German Federal Government and private credit insurers in the German Insurance Association (GDV) agreed on a far-reaching protective shield for German companies.

Allianz partners with Microsoft to digitally transform the insurance industry

Allianz SE and Microsoft Corp have announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft’s Azure cloud and will open-source parts of the solution’s core to improve and expand capabilities.