Allianz PNB Life was recently named the Philippines’ Most Outstanding Life Insurance Company of the Year by the International Business Magazine (IBM) for its performance in 2021.
The prestigious recognition is given to the best industrial talents, global leaders, and corporations across different fields of international business and finance. The award by IBM strives to showcase companies and individuals for their quality services, business ethics and more.
CEO and President Alexander Grenz dedicated the award to the men and women behind Allianz PNB Life for making the recognition possible through their unwavering commitment to providing the best services to customers.
“We at Allianz PNB Life are honored to have this award, and I credit my colleagues who, with their steadfast support and hard work, deserve this recognition. Every day, we vow to provide only the best to our clients because they will first and foremost always be our priority,” Grenz said.
“We only want our customers to experience the best of what life has to offer through our comprehensive insurance services and products. Thank you, International Business Magazine, for acknowledging our passion and devotion to securing the future of Filipinos,” Grenz added.
Allianz PNB Life is the fastest growing life insurance company in the last two years based on its premium income. Its Annualized Net Premium rose by 34.2% from Q4 2020 to Q3 2021 and by 27.7% from Q4 2019 to Q4 2020.
The company’s sustainable projects and achievements have also been recognized via programs such as Allianz Ride Safe, a CSR effort aimed at building a cycling culture among Filipinos. Its initiatives to help those struggling amid the COVID-19 pandemic has also given confidence to its employees, customers, and their families in building a brighter future during a time of crisis and uncertainty.