Allianz Global Corporate & Specialty has today launched a risk consulting, captive fronting and crisis management solutions offering for its corporate clients.

AGCS Services will initially be available in Central & Eastern Europe and the Mediterranean regions on a ‘pay as you go’ basis. Depending on their individual needs, clients can access a comprehensive and growing portfolio of risk services – either unbundled or bundled into an insurance programme.

Speaking at the FERMA Forum in Berlin today, AGCS board member, Hartmut Mai said the insurer can support and protect businesses across all stages of risk.

“Corporate risk managers need much more than traditional risk transfer in today’s complex and fast-changing environment. By introducing a suite of value-added services we enhance our offering and allow our clients a broader choice as they can now opt for specific service solutions. We can support and protect businesses across all stages of risks helping them predicting, monitoring and mitigating risk to covering financial losses and enabling an effective crisis response when disaster strikes,” he said,

The new offering will be provided via both in-house expertise as well as third-party support.

Plans to develop services around Industrial IoT technologies and supply chain risk management are also in the pipeline.

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