Allianz Insurance has been awarded Chartered Insurer Status for 2021, marking the fifth year in a row it has received the accreditation.
The accolade is awarded by the Chartered Insurance Institute (CII), and is given to organisations in recognition of their “commitment to excellence and professionalism”.
The award is reportedly a “hallmark of trust”, which Allianz said further underlines its commitment to creating an inclusive culture and adopting ethical business practices.
The commercial side of the business was first awarded Chartered Status in 2010 and in 2016, Allianz Insurance became the largest single entity to hold the award.
Neil Clutterbuck, chief underwriting officer, Allianz Insurance, said: “It is fantastic news that Allianz has been awarded Chartered Status again.
“At Allianz, we always strive for technical excellence and really do believe in continuous improvement. Achieving accreditation again is testament to the market-leading work being done across the business and the professionalism of our talented people.”
Sian Fisher, CEO of the Chartered Insurance Institute, said: “We are delighted to award Allianz Chartered status in recognition of its public declaration of professional standards and ongoing commitment to people development, which are key to building trust with clients and consumers.
“Chartered insurers such as Allianz commit to the Chartered Ethos of nurturing knowledge, client centricity and servicing society, in order to inspire confidence in the profession and deliver good customer outcomes.”