Allianz Lebensversicherungs-AG · Stuttgart Germany ·(German: ALL)
Company Description
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This alliance is for life. Insurer Allianz Lebensversicherungs is the 95%-owned principal operating company for the German life insurance services of Munich-based Allianz SE . The company and its primary subsidiaries, Deutsche Lebensversicherungs and Allianz Pensionskasse, are collectively known as Allianz Leben. Deutsche Lebensversicherungs provides standardized, low-cost term insurance in Germany, and Allianz Pensionskasse offers pension products. The Allianz Leben products are distributed primarily through a network of self-employed company agents. To read the full description, subscribe now.
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Key Allianz Lebensversicherungs-AG Financials
| Company Type | Public - German: ALL Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 950 |
Allianz Lebensversicherungs-AG Executives
6 executives listed for Allianz Lebensversicherungs-AG's Stuttgart, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Gerhard Rupprecht | Network |
| Director, Finance & Accounting | Maximillian Zimmerer | Network |
| Director, Actuarial Theory, Informational Systems & Organizational Affairs | Eckhard Hütter | Network |
Competition
Competitive Landscape for Allianz Lebensversicherungs-AG
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Allianz Lebensversicherungs-AG Competitors
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