RICHMOND, Va., February 1, 2012 — Henrico-based Mondial Assistance USA, a leading consumer specialty insurance and assistance provider, has rebranded to Allianz Global Assistance as part of a global brand transition expected to be complete in late 2012. Allianz, parent-company of Allianz Global Assistance, is the 20th largest company in the world (Forbes Global 2000, 2011) and 67th most valuable global brand (Interbrand, 2011).
2000, Allianz Global Assistance’s Richmond-based operations have more than quadrupled in size from 213 to 900 associates, making it one of the area’s largest private employers. The company is still growing and expects to add another 100 associates this year. In 2011, the company announced that it will lease Deep Run One, a five-story office building in the Deep Run Office Park, consolidating its three area offices.
“For almost 30 years, we’ve been innovators in the consumer specialty insurance space, pioneering travel and ticket insurance products and partnering with airlines and other online providers,” said Jonathan M. Ansell, Chairman of Allianz Global Assistance USA. “The change to Allianz Global Assistance brings one of the world’s largest and most-respected insurance brands to the Richmond market.”
The company’s popular Access America® travel insurance products will be renamed Allianz Travel Insurance. In the United States, Allianz Global Assistance insures 13 million people, mostly with its travel insurance and event ticket protection plans. Globally, the company consists of 28 business units representing 1.9 billion euros (approximately $2.4B) in revenue – and is one of the fastest growing in the Allianz group.
Allianz Global Assistance, a unit of Allianz for the last decade, is moving to capitalize on the growing recognition of the parent company’s brand among Americans and coincides with a national brand awareness campaign. This campaign highlights core areas of the Allianz business in the U.S., including the company’s focus on investment, insurance and retirement products and services. The campaign launched in 2010 with ads running in the Wall Street Journal and on CNBC, NPR and other national media outlets.
In 2011, the company was recognized twice for its outstanding working environment with an Employer All-Star award, presented by the Richmond Society for Human Resource Management (RSHRM) and the Greater Richmond Chamber of Commerce (GRCC), and the Platinum Fit-Friendly award, presented by the American Heart Association (AHA).
“We’re proud of the recognition we’ve received for our employee-friendly programs,” said Ansell. “We look forward to building upon our success and maintaining our position as an employer of choice in the Richmond region.”
As the company has continued to grow, so has its community involvement. In 2011, the company’s ScholarTrips program helped send five area students on study abroad trips by awarding $2,500 scholarships. According to ScholarTrips recipient Katelyn Marshall, “the Mondial Assistance ScholarTrip gave me the chance to experience the completely unique culture of Costa Rica, and to immerse myself in the Spanish language.” In addition, associates supported a variety of causes through volunteer opportunities throughout the year and during the company’s Month of Service.
Allianz Global Assistance USA
Allianz Global Assistance is a leading consumer specialty insurance and assistance company with operation centers in 28 countries. In the United States, Allianz Global Assistance (AGA Service Company) insures 13 million customers and is best known for its Allianz Travel Insurance plans.
In addition to travel insurance, Allianz Global Assistance offers event ticket protection and unique assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for health insurers, property and casualty insurers, and credit card companies.
For more information about Allianz Global Assistance, please visit allianzassistance.com. To learn more about Allianz Travel Insurance plans, please visit allianztravelinsurance.com or Like us on Facebook at Facebook.com/AllianzTravelInsuranceUS.
Allianz Global Assistance
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International leader in Assistance, Travel Insurance and health, life & home care services, today Allianz Global Assistance counts more than 10,783 employees who speak 40 different languages and work throughout the world with a network of 400,000 service providers and 180 correspondents. 250 million people, or 4% of the world’s total population, benefit from its services, which the Group provides on all five continents.
For more information about Allianz Global Assistance, please visit www.allianz-assistance.com
Allianz is the 20th largest company in the world (Forbes Global 2000, 2011) and 67th most valuable global brand (Interbrand, 2011). Allianz has 151,000 employees worldwide and 76 million customers in more than 70 countries. In 2010, Allianz had over 106.5 billion euros in revenue and over one trillion euros under management. In the US, Allianz brands include:
• Allianz Life
• Allianz Global Investors
• Fireman’s Fund
• Euler Hermes
• And now, Allianz Global Assistance
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