“Our local strategy focuses on embedding sustainability in all our core business activities and operations in line with Allianz group strategy and UN SDGs, both conforming to Egypt’s 2030 vision,” Hegazy further explained.

This has been proven by Allianz, a preferred partner of the United Nations and a founding member of the UN-convened Net Zero Asset Owner Alliance (2019), and the UN-convened Net Zero Insurance Alliance (2021).

“We have also adopted a brand-forward approach, which focuses on elevating Allianz’s emerging markets impact story and extending our reach to help even more people prepare for climate change, whether consumers, businesses or employees,” Hegazy said.

Worth mentioning, Allianz Group’s track record in climate achievements and its presence in emerging countries offers a chance to elevate its business potential, locally and internationally, sustainability leadership, climate expertise and practical successful outcomes. This, in turn, reflects the company’s major impact on the African economy in which it is committed to playing an active role. 

About Allianz Egypt:

Allianz is a multinational German insurance operating since 1890. With more than 86 million customers in over 70 countries, it has established itself as one of the world’s strongest financial communities. Allianz Egypt, comprising of “Allianz Life Assurance Company – Egypt” and “Allianz Insurance Company – Egypt”, have a long and successful track record in the Egyptian Insurance market, providing comprehensive and integrated insurance services to business partners and individuals who require the best of local know-how based on extensive international expertise and experience.

###