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Allianz launches risk, crisis service for corporate clients


Allianz Global Corporate & Specialty SE, the corporate insurer of Allianz Group, is launching AGCS Services for corporate clients, the insurer said in a statement Monday.

AGCS Services includes risk consulting, captive fronting and crisis management solutions. Allianz Global Corporate & Specialty will pilot the new service first in two core markets, central and eastern Europe and the Mediterranean, the statement said.

The services unbundle risk consulting and insurance services that are often only available as part of insurance covers or programs, the statement said.

AGCS Services will allow clients to access a portfolio of risk services as either unbundled or bundled into an insurance program.

Risk consulting services will include predictive risk analytics and monitoring, risk visualization or risk mitigation and prevention, such as remote risk assessment leveraged by a digital platform, bespoke natural catastrophe analysis, cybersecurity and resilience reviews, the statement said.

Crisis management solutions include geographic risk alerts for events that can affect business operations – such as transportation or infrastructure incidents, natural catastrophes or terrorism attacks.








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