Allianz Life

Insurance giants wake up to conversational AI, makes a decisive move

Retrieved on: 
Sunday, May 24, 2020

PALO ALTO, Calif., May 24, 2020 /PRNewswire-PRWeb/ --CogniCor ( https://www.cognicor.com ), a category leading provider of digital assistant platform for wealth, has been handpicked to participate in the 2020 OnRamp Insurance Accelerator ( https://www.onrampinsuranceaccelerator.com/ ), in collaboration with Allianz Life and Securian Financial, two Fortune 500 insurance giants.

Key Points: 
  • PALO ALTO, Calif., May 24, 2020 /PRNewswire-PRWeb/ --CogniCor ( https://www.cognicor.com ), a category leading provider of digital assistant platform for wealth, has been handpicked to participate in the 2020 OnRamp Insurance Accelerator ( https://www.onrampinsuranceaccelerator.com/ ), in collaboration with Allianz Life and Securian Financial, two Fortune 500 insurance giants.
  • This nationally ranked, GOLD-tier accelerator program in the USA brings together the insurance industry's top corporations, investors, and 5 carefully curated startups that work together to deploy groundbreaking solutions that help redefine the insurance experience landscape.
  • For CogniCor, whose Scalable Knowledge-graph based Conversational AI platform (CIRA) is used by top wealth management and retail banking clients, this presents a huge opportunity to work closely with the influencers and thought leaders in the insurance industry and extend the domain coverage of CIRA platform within the broader financial services sector.
  • Launched in the US in 2018 CogniCor serves category leaders in the wealth space, such as LPL Financial, BNY Mellon Pershing the CIRA platform.

Allianz Life Named a 2020 FORTUNE 100 Best Company to Work For

Retrieved on: 
Tuesday, February 18, 2020

Allianz Life Insurance Company of North America ( Allianz Life ) announced today that it is included among the 2020 FORTUNE 100 Best Companies to Work For.

Key Points: 
  • Allianz Life Insurance Company of North America ( Allianz Life ) announced today that it is included among the 2020 FORTUNE 100 Best Companies to Work For.
  • This year marks the 23rd anniversary of the FORTUNE 100 Best Companies to Work For list.
  • Allianz Life Insurance Company of North America , one of the FORTUNE 100 Best Companies to Work For in 2020, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products.
  • Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccers Minnesota United.

Allianz Life Receives Favorable Private Letter Ruling (PLR) from IRS Regarding Tax Treatment of Advisory Fees Taken from Nonqualified, Fee-Based Annuities

Retrieved on: 
Monday, August 26, 2019

Allianz Life Insurance Company of North America ( Allianz Life ) announced today that it has received a favorable private letter ruling (PLR) from the Internal Revenue Service (IRS) regarding the tax treatment of advisory fees taken from nonqualified, fee-based annuities.

Key Points: 
  • Allianz Life Insurance Company of North America ( Allianz Life ) announced today that it has received a favorable private letter ruling (PLR) from the Internal Revenue Service (IRS) regarding the tax treatment of advisory fees taken from nonqualified, fee-based annuities.
  • The ruling will allow for the payment of advisory fees from fixed-indexed or variable nonqualified annuities without creating a taxable distribution event.
  • Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccers Minnesota United.
  • Allianz Life Insurance Company of North America offers insurance and annuities in all states except New York, where it is not authorized to do so.

Allianz Life Strengthens FIUL Lineup With Launch of Life Pro+ Advantage

Retrieved on: 
Tuesday, August 20, 2019

Allianz Life Insurance Company of North America ( Allianz Life ) today announced the launch of the Allianz Life Pro+ Advantage Fixed Index Universal Life (FIUL) Insurance Policy, which will serve as the companys flagship FIUL product.

Key Points: 
  • Allianz Life Insurance Company of North America ( Allianz Life ) today announced the launch of the Allianz Life Pro+ Advantage Fixed Index Universal Life (FIUL) Insurance Policy, which will serve as the companys flagship FIUL product.
  • Life Pro+ Advantage was built to be in compliance with the 2020 commissioners standard ordinary (CSO) mortality table.
  • Were confident the newest version of our Allianz Life Pro+ FIUL product line will help Americans as they plan to accomplish multiple goals.
  • Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccers Minnesota United.

Women, Gen-Xers Most in Need of Education about Full Benefits of Permanent Life Insurance

Retrieved on: 
Tuesday, July 16, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190716005648/en/
    Allianz Life's 2019 Life Insurance Needs Study Identifies Opportunity for Financial Professionals to Assist Underserved Groups (Graphic: Allianz Life Insurance Company of North America)
    According to the 2019 Life Insurance Needs Study* from Allianz Life Insurance Company of North America ( Allianz Life ), women lack familiarity with a number of important benefits offered by permanent life insurance that could help build more flexibility in their financial portfolio.
  • Furthermore, only about one- quarter (27%) of women know that benefits paid from life insurance are not taxable versus 38% of men1.
  • This knowledge gap about the benefits of permanent life insurance is echoed by Gen X respondents.
  • Only 31% of Gen Xers understand that benefits paid from life insurance are not taxable versus 38% of boomers.

New Fixed Index Annuity Solution from Allianz Life Helps Clients Address Challenges with RMDs, Leave Financial Legacy

Retrieved on: 
Tuesday, April 2, 2019

To help clients navigate the sometimes-confusing required minimum distribution (RMD) process while also enhancing their financial legacy, Allianz Life Insurance Company of North America ( Allianz Life ) today announced the launch of its Legacy by Design fixed index annuity (FIA) solution .

Key Points: 
  • To help clients navigate the sometimes-confusing required minimum distribution (RMD) process while also enhancing their financial legacy, Allianz Life Insurance Company of North America ( Allianz Life ) today announced the launch of its Legacy by Design fixed index annuity (FIA) solution .
  • The first FIA in the solution is Allianz Legacy Planner Annuity, which is funded with qualified money from either an individual IRA or SEP IRA.
  • Any remaining amount left over can be taken in cash, or moved to the second FIA of the product: Allianz Legacy Plus Annuity.
  • Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccers Minnesota United.

Training Magazine Names Allianz Life to Top 125 List

Retrieved on: 
Tuesday, February 26, 2019

For the sixth year in a row, Allianz Life Insurance Company of North America ( Allianz Life ) was named to Training magazines Top 125 list, coming in at number 15, up 16 spots from 2018.

Key Points: 
  • For the sixth year in a row, Allianz Life Insurance Company of North America ( Allianz Life ) was named to Training magazines Top 125 list, coming in at number 15, up 16 spots from 2018.
  • Each year, the Top 125 list recognizes organizations that offer outstanding employer-sponsored training and human capital development programs.
  • Continuous learning and professional development are key components of our culture here at Allianz Life, said Jenny Guldseth, chief human resources officer, Allianz Life.
  • The Training magazine Top 125 list is a worldwide ranking of organizations that have excellent employee training and development programs.

Allianz Life Named a 2019 FORTUNE 100 Best Company to Work For

Retrieved on: 
Thursday, February 14, 2019

For the eighth year in a row, Allianz Life Insurance Company of North America ( Allianz Life ) has been named to the FORTUNE 100 Best Companies to Work for List .

Key Points: 
  • For the eighth year in a row, Allianz Life Insurance Company of North America ( Allianz Life ) has been named to the FORTUNE 100 Best Companies to Work for List .
  • We are honored to make the FORTUNE 100 Best Companies to Work for list yet again, said Walter White, president and CEO, Allianz Life.
  • Allianz Life Insurance Company of North America , one of the FORTUNE 100 Best Companies to Work For in 2019, has been keeping its promises since 1896.
  • To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com .

Allianz Global Assistance Wins Best Insurance Provider at Travel Weekly's 2018 Readers Choice Awards

Retrieved on: 
Thursday, December 20, 2018

RICHMOND, Va., Dec. 20, 2018 /PRNewswire/ -- Allianz Global Assistance , a leading travel insurance and assistance company, wonBest Insurance ProviderduringTravel Weekly's16th annualReaders Choice Awards.Travel Weekly, considered to be the publication of record for the travel trade industry, honors the best in travel at its annual Readers Choice Awards.

Key Points: 
  • RICHMOND, Va., Dec. 20, 2018 /PRNewswire/ -- Allianz Global Assistance , a leading travel insurance and assistance company, wonBest Insurance ProviderduringTravel Weekly's16th annualReaders Choice Awards.Travel Weekly, considered to be the publication of record for the travel trade industry, honors the best in travel at its annual Readers Choice Awards.
  • The Best Insurance Provider category was added to the Readers Choice Awards three years ago, and Allianz Global Assistance has won the title every year.
  • Allianz Global Assistance offers travel insurance* through most major U.S. airlines, leading travel agents, online travel agencies, other travel suppliers and directly to consumers.
  • Allianz Global Assistance USA serves more than 35 million customers and is best known for its Allianz Travel Insurance plans.