Allianz and IUSS Pavia launch partnership to target risk research and training

Press Release | June 23, 2016 | Milan/Munich
Allianz Global Corporate & Specialty SE (AGCS), the industrial and specialist risk insurer of Allianz Group, is partnering with IUSS Pavia, the School of Advanced Studies of Pavia, to join forces on risk research and training programs.

In a ceremony at IUSS ­Pavia on June 22, the two organizations signed an agreement to combine resources on research and training around man­made and natural hazards which threaten global businesses. Drawing on IUSS­ Pavia’s specialist faculty, which includes leading academics and scientists ranging from hydrology and earth sciences, through engineering and statistics to neurosciences, medicine and law, and combining this with AGCS’s field data and global risk assessment expertise, the two organizations will collaborate to explore new directions in risk, such as:

  • Developments in cyber, climate, political, legal and regulatory risks;
  • Extreme hazards analysis including the use of remote sensing and geographic information systems;
  • The role of big data management and disruptive technologies in risk management;
  • Risk analysis, modelling and new approaches to risk transfer and decision making processes.

In addition, IUSS­-Pavia will cooperate with AGCS’ Underwriting Academy to establish joint courses, seminars and training programs on topics of mutual interest.

Speaking at the inaugural workshop and signing ceremony, held on June 22 at Palazzo del Broletto in Pavia, Hartmut Mai, AGCS’ Chief Underwriting Officer, explained the benefits of this partnership: “The world of risk is changing by the day and so it is essential to use the best resources possible to drive innovation in risk management and stay ahead of the challenges. With AGCS working alongside IUSS ­Pavia, one of the leading academic institutions in Europe, I believe we bring together a unique combination of practical experience with academic and scientific excellence. We are delighted to have started this partnership and have high hopes for the future.”

Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. AGCS provides risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 12 dedicated lines of business.

Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals. Among them are the world’s largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film actors. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.

We constantly strive to deliver the best for our customers through our global team of around 4,400 employees from over 70 nationalities in 34 countries worldwide. As the one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial strength ratings and a global network in over 200 countries and territories. In 2018, AGCS generated a total of €8.2 billion gross premium worldwide.

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