Allianz Life Insurance Co. of North America

Overview

Allianz Life Insurance Co. of North America, based in Minneapolis, provides fixed and variable annuities, life insurance, and long-term care insurance offered through a network of independent distribution professionals. The company is a unit of Munich-based Allianz SE, Europe's largest insurer.

The parent has been seeking to meld its various fiefdoms into a global company. A super-charged sales culture at Allianz Life led to charges that senior citizens were sold deferred annuities that weren't suitable for them. The company has unrolled a host of reforms and recently appointed its first chief suitability officer. The move followed a $10 million settlement with the California state insurance commissioner. Allianz is now setting the standard in the industry for matching products to customers as rival insurers look to follow suit.

Recruiting

• Allianz on Campus
  
• FAQs
  
• Allianz SE Careers
  
• Did You Know That the Allianz Group…
  
• Allianz SE: Our Business Lines
  

Facts & Resources

Resources

• Executive Management
  
• Allianz SE
  
• Alliance of America Inc.
  

Subsidiaries & Divisions

• Allianz Marketing Inc.
  
• Delaware Valley Financial Services LLC
  
• Personalized Brokerage Services
  
• Preferred Life Insurance Co. of New York
  
• Questar Capital Corp.
  
• Signature Financial Services LLC
  
• USAllianz Securities
  

Competitors

• Hartford Financial Services Group Inc.
  
• MetLife Inc.
  
• Manulife Financial Corp.
  
• Principal Financial Group Inc.
  
• Prudential Financial Inc.