Allianz Nigeria, local operating entity of global giant, Allianz, recently concluded a partnership to provide car insurance for the owners of luxury vehicle, BRABUS. This partnership made with Blackpace limited, the exclusive distribution partner of BRABUS in Nigeria is just one of the projects aimed at providing insurance solutions to premium class of vehicles says the executive director, Owolabi Salami.

“Aside this we are geared to also provide unique insurance solutions to every spectrum of the community. This is one among other initiatives we have put together to target a larger spectrum of the community beyond our customer base”, he concludes.

Explaining the rationale behind the partnership, Opeyemi Jokanola, team lead for Motor Unit notes that the aim is to make car insurance readily available to all motorists. He mentioned that “having a car insurance easily helps to offset the loss of huge sums that maybe incurred in event of an accident especially to premium vehicles’’.

By providing bespoke insurance for any class of vehicle, we contribute our own quota to a more stable and protected community adds Bolade Odanye, deputy manager for activation and sponsorship.

The Allianz Group is one of the world’s leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from Property, Life and Health insurance to Assistance services to Credit insurance and Global Business insurance. Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers – while their asset managers PIMCO and Allianz Global Investors – manage an additional 1.4 trillion euros of third-party assets. Thanks to a systematic integration of ecological and social criteria in their business processes and investment decisions, the Allianz Group holds the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 70 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.

 

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.

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