Recent independent research commissioned by Allianz Insurance found that half of SMEs would welcome further information from an expert source about the many risks facing their business.
The Allianz Risk Management website meets that demand by providing guidance on a wide range of risk topics, from traditional fire or flood risks to new challenges, such as data management, cyber threats or managing mental health in the workplace. Users can browse hazards by type; find trade specific guidance and keep up to date with legislation relevant for their business.
A practical business impact assessment tool is also included. This helps users identify potential threats to their organisation’s continuity and understand how to mitigate them.
Businesses can also make use of:
Whilst the site is available to everyone Allianz customers receive additional benefits including access to free telephone consultations and Allianz preferred supplier discounts.
In the latest annual Allianz Risk Barometer Survey, changes in legislation and regulation ranked joint top with cyber incidents (48%) as a core concern, demonstrating that businesses are keenly aware that it’s crucial to keep up-to-date with the ever changing legal landscape.
Andy Miller, technical loss control engineer manager, commented: “The site has a wealth of information on a huge range of topics and any business owner, regardless of whether they have an Allianz policy, can search the site for information. From our research we know that businesses understand that risk management is crucial and I believe the Allianz Risk Management site will become a valuable tool for them."
1. The online survey of 500 senior decision makers in SME‘s was commissioned by Allianz and conducted by market research company OnePoll, in accordance with the Market Research Society code of conduct. Data was collected between 16/01/2018 and 02/02/2018. The survey was overseen and edited by the OnePoll research team.
2. Allianz Risk Barometer is an annual report created by Allianz Global Corporate and Speciality. The UK figures represent the number of risks selected as a percentage of all survey responses (216); respondents (187) were able to select up to three risks each.
The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.
The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers. Furthermore our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.
These assessments are, as always, subject to the disclaimer provided below.
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This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
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