Allianz has had a presence in Hong Kong that dates back to 1983. During that time, Allianz have built a business which is dedicated to serving the needs of our customers through an extensive and increasing range of industrial insurance products and services, which are supported by a dedicated team of insurance professionals.
The renowned financial strength of Allianz parent organization (AA rated by S&P) provides a significant degree of financial security that underlines our ability and our promise to pay if and when a claim occurs, and also provides a global network to handle the needs of our global business partners.
On 1 August 2009, AGCS Asia Pacific opened its third unit in Hong Kong and is the first direct underwriting team for AGCS Asia under the regulatory framework of Allianz Hong Kong. The office in Hong Kong plays a key part in establishing an AGCS presence in Asia, and will be a stepping stone to the future potential of this market in the longer run. On 1 August 2010, AGCS also took over management control of Allianz Hong Kong.