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Allianz Ukraine to focus on corporate and international business

6.10.2014

Allianz Ukraine has decided to focus its business in future on commercial and international business lines. These business lines include property, liability and cargo insurance in the segment of large corporate clients. In retail business, Allianz Ukraine will review its regional presence in the country and concentrate its commercial and international business in Kyiv.

Allianz has been present in Ukraine since 2005 in commercial and international business lines, building strong ties to customers and gaining an important position in the market. According to Insurance Top rating Allianz Ukraine remains one of the leading players in the corporate segment, holding positions in Top-10 for several years in the row.

As a part of Allianz Group the company offers high-quality reinsurance coverage of Allianz SE, high financial strength, stability, European business practices and professional underwriting that is especially important for corporate clients facing diversified large-scale risks.

“Our corporate strength in Ukraine lies in commercial and international business lines,” comments Garry Andreasyan, Chief Executive Officer of Allianz Ukraine. “Thus, we have decided to concentrate our business on these lines, where we can service our clients best by giving them access to the expertise of a large international insurance group”.