We strive to find solutions for customers active in national and global economies, because trade credit ensures the legitimacy and successful execution of business transactions. “Growth is at the heart of our new strategy. To remain ahead of the game, we must seize the opportunity given by the shift of B2B trade online and become a key player in this new ecosystem. Prepare for the new world: our third priority focuses on the longer term, as we believe it is crucial to prepare ourselves for the future of trade.We are already experts in these lines of business, and we will invest to develop further and quickly expand our market shares. Scale growth engines: we will also develop faster our growth engines such as surety and specialty solutions (Transactional Cover Unit & Excess of loss).We also aim to accelerate market penetration in the U.S. We will continue to work on delivering top-level service in all market segments, building on unrivalled underwriting tools, skills and infrastructure, and on a multi-channel distribution including the Allianz agents network. Extend core businesses: we want to expand our competitive edge in our trade credit insurance business.This plan underlines our strong ambition for growth across all our lines of business and geographies, and is based on three pillars: Our new brand name will directly support the implementation of our 2025 strategic plan. Allianz Trade is a unique, data driven and tech-enabled business, of which we are extremely proud.”īecoming Allianz Trade: a great asset for our future There is a lot to be excited about, and we have only just begun to explore the possibilities,” says Clarisse Kopff, CEO of Allianz Trade.Ĭhris Townsend, member of the Board of Management of Allianz SE, adds: “We are excited to see Euler Hermes become Allianz Trade and are convinced that the change will bring about many benefits in terms of awareness, business development, growth and innovation. More visibility to attract new talents, and more career opportunities for our employees. More ability to keep up even better with technological transformations. More confidence in tomorrow with more opportunities to help businesses grow. More global expertise and knowledge inspiring more local solutions. What does it mean for our company, for our clients and for our employees? In one word: more. With the new brand name, we will benefit even more from the reputation and strength of the Allianz Group, which has an extensive global network of expertise.

Changing our brand name to Allianz Trade means reinforcing our position as a global player. We are the world leader in trade credit insurance, operate in 52 countries and count over 5,500 employees. Our in-depth knowledge of markets and economic cycles, combined with our predictive analytics applied to the largest set of company data, allow us to position our clients one step ahead. Our goal has always been to anticipate and mitigate risks through business intelligence to help firms trade with confidence. PARIS, Ma(GLOBE NEWSWIRE) - Today marks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural move as we have been fully part of the Allianz Group since 2018.Ĭonfidently stepping into tomorrow, staying true to who we areįor over 100 years, we have been providing companies of all sizes with powerful tools to expand their business and protect their assets with trade credit insurance and surety bonds. Becoming Allianz Trade will be a major asset to support our 2025 strategic plan.Euler Hermes enters a new chapter and is now Allianz Trade.

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