Statewide Insurance - Allianz Financial Lines Brochure

1. Allianz Global Corporate & Specialty
Global
Financial Lines
Tailored corporate insurance solutions
for clients around the world.

2. Global Financial LinesGlobal Financial Lines
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Safeguarding managers and your
company’s bottom line
Today’s managers and professionals work in an increasingly complex
and highly scrutinized business environment, where an act of human
error can cause irreparable damages affecting financials, reputation,
third parties and personal liability. In this turbulent setting, exposed also
to litigious and criminal activity, Allianz Global Corporate & Specialty
provides your company with support in times of need, and decision-
makers with the peace of mind to run their business.
Managers and companies these days are exposed to
a variety of risks, which only increase in number and
complexity during a business’s life-cycle. Since the
financial crisis the scope of management liability has
changed drastically on all levels concerning cross-
border collaboration, stringent and constantly changing
compliance regulations, and a volatile financial
environment. The rising challenge today is keeping up
with changing regulations (on a local and global scale)
and considering even the unseen risks, which can be
responsible for drastic losses. Business leaders must
address concerns now that will grow in importance over
time, such as reputation, public offerings statements,
financial decision-making and pension trusts.
When faced with these challenges, an experienced and
reliable partner is key to supporting your business with a
wealth of risk-management solutions, before and during
the event of an incident. Allianz Global Corporate &
Specialty builds this partnership with its clients, offering
them market-leading capacity, outstanding financial
strength and Financial Lines expertise across the globe.
Consistency in changing environments
Allianz has been offering its clients corporate insurance
solutions since its foundation in 1890. Today, this
tradition and its Financial Lines services are continued
through the distinguished work of Allianz Global
Corporate & Specialty. We value continuity and strive
to develop long-term partnerships with our clients and
brokers, which begins with our expertise in underwriting
and follows through to our excellent claims-handling
services.
Market-leading capacity and
financial strength
Allianz Global Corporate & Specialty has established its
reputation as a professional leader of Financial Lines risks
and services. In addition to its specialized D&O offering,
its entire suite of Financial Lines products offers the
significant capacity needed to write even the largest and
most complex risks in the market.
In this volatile financial environment, Allianz Global
Corporate & Specialty offers stability, in the form of its
consistently high financial strength ratings. Despite
challenging market conditions, these ratings have been
repeatedly reconfirmed as proof of our stable financial
position. Backed up by the security of Allianz Group, we
are a strong, resilient partner our clients can rely on to
cover the most intricate exposures
Within our Financial Lines
team, we continuously
innovate and enhance our
products to address new
market opportunities and
ever-changing market
conditions and regulations.
We dedicate our Product
Development division to
listening to our clients and
developing our solutions
based on their needs.
Tailor-made solutions for clients
around the world
Every company deals with a unique set of business
needs, and so do our policies. We work closely with our
clients and brokers to develop personalized solutions to
address their Financial Lines needs at every stage of the
business cycle.
Our Financial Lines solutions are divided amongst four
distinct industry groups, while providing technical
know-how to all industrial sectors. This approach ensures
that you have the right experts and products, tuned in
to your specific market. We gear our products toward
providing the appropriate corporate insurance solutions
for businesses exposures relating to:
• Management Liability – Commercial
• Management Liability and Professional Indemnity –
Financial Institutions
• Professional Indemnity (PI) - Commercial
• Fidelity
Through our profound underwriting knowledge and
close dialogue with clients, our strength lies in providing
specialized solutions for non-standard risks in these areas
In addition to our
financial lines offerings,
Allianz Global Corporate
Specialty provides
an entire range of
corporate and specialty
insurance solutions,
from aviation to
property.

3. Global Financial LinesGlobal Financial Lines
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Management Liability - Commercial
In today’s highly litigious business world, management professionals
are exposed to greater risks than ever, which hang from the decisions
they may make in their daily roles.
Our commercial suite of management liability products
is designed to protect your management team and
board of directors from potential cases of litigation in
all commercial lines. We work closely with our clients,
from publicly traded companies of all sizes to private
organizations, to make sure your professionals – and
financials – are protected.
The following products are offered to protect your
managers, employees, and your company:
• Directors and Officers Liability (DO)
• Pension Trust Liability (PTL)
• Employment Practices Liability (EPLI)
• Prospectus Liability (POSI) – Includes Initial Public
Offering (IPO)

4. Global Financial LinesGlobal Financial Lines
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AGCS also provides a strong product offering of
protection for management liability within financial
institutions. As public scrutiny of the banking and finance
industries heightens, more so than ever can the slightest
of errors or omissions cost your institution drastically.
Our Management Liability Financial Institutions’ product
line, insures your firm and managers against added costs
due to these repercussions.
The following products are offered to protect your
employees, and your financial institution:
• Financial Institutions Directors and Officers Liability
(FI DO)
• Pension Trust Liability (PTL)
• Financial Institutions Professional Indemnity (FIPI)
• Prospectus Liability (POSI) – Includes Initial Public
Offering (IPO)
• Investment Managers (IMI)
• Financial Institutions Crime
• Criminal Legal Expense Cost Insurance – Subject to
local regulations
Management Liability and Professional
Indemnity - Financial Institutions
FI DO
Coverage features are
tailored to the local legal
regulatory environment
according to the insured’s
needs. Allianz covers
directors worldwide and
policies are available in
several languages.
Professional Indemnity - Commercial
Professionals in every industry need the freedom to
act and advise in the best interests of their clients and
business without the fear of unintended consequences.
Our Professional Indemnity (PI) insurance from Allianz
Global Corporate Specialty provides that freedom
by protecting managers and professionals from losses
arising out of a breach of their professional duties.
Our Commercial PI provides a robust and flexible
solution for professionals in all lines of work:
• Construction
(architects, design construct, engineers)
• Traditional
(accountants, solicitors, insurance brokers, surveyors)
• Emerging
(management consultants, media, technology, misc.)

5. Global Financial LinesGlobal Financial Lines
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Fidelity
As the landscape of global business evolves and grows
more complex, so do the insurance needs of companies
and their workforce. People are at the heart of every
organization and are integral to its success, unfortunately
people are not infallible and may make mistakes which
can have dire consequences. In addition to unintentional
errors there can be fraudulent activity by both employees
and outsiders that can impact a company financially
and damage it‘s reputation. What can companies do to
protect themselves, their employees and their reputation
against such errors or fraudulent and malicious activity?
AGCS has an answer with its full range of fidelity covers:
• Cyber Protect: a comprehensive digital business and
data protection insurance
• Commercial Crime: an indemnity for theft of money,
securities or property by employees
• Reputation Protect: a cover for the management
of media crises, thereby mitigating or avoiding
reputational damage
• Kidnap Ransom and Extortion: an insurance for the
costs of securing the release of employees or their
dependants
The strength of a global network
One of our core strengths within our financial
lines capabilities is our ability to devise customized
international insurance programs. Our local expertise is
closely integrated within an established global network,
allowing us to provide unique offerings for your business
needs worldwide.
A worldwide network utilizing the combined resources
of the Allianz Group and partners consisting of:
• Allianz owned offices in 70 countries
• AGCS teams in 28 key countries
• Total network covering over 160 countries between
AGCS, Allianz and partner offices
• Global processes and quality standards defined with
tools in place to ensure service delivery
• Customized client service charter, Key Performance
Indicators (KPIs) and agreed timelines aligned to client
requirements
• Our network provides insurance for more than 50% of
the Global Fortune 500 companies
Allianz offices
AGCS offices
Network partner offices

6. Global Financial LinesGlobal Financial Lines
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Global reach through International
Programs and our network
Our international insurance solutions offer clients doing
business in multiple countries the best of both worlds –
the consistency and efficiency of a centrally coordinated
master policy combined with the ability to issue local
policies to ensure compliance with regional legal,
regulatory and language requirements.
Allianz Global Corporate Specialty has an established
reputation as a leading provider of global insurance
solutions. In 2012, we issued more than 2,000 programs
with over 12,500 local policies across various industries
and lines of business.* Amidst the complexity of
management and professional liability, we have the
flexibility to design individual solutions depending on
each client’s needs.
Our international programs provide you with integrated
risk management with central steering, guaranteeing
local delivery. These global solutions offer a number of
key advantages, including:
• Economies of scale, operational efficiencies and
centralized access to the global Allianz network
• Central coordination of information about global
exposures
• Harmonized global cover across all locations
• Addressing of local exposures and compliance with
local regulatory and fiscal rules via local policies
• Centrally managed risk consulting and claims
monitoring/coordination with local risk control and
claims handling when needed
Allianz Global Corporate Specialty utilizes a structured
global approach to effectively manage the process –
from planning and program design to deployment,
monitoring and adjustment.
The knowledge of experienced professionals is vital when
it comes to figuring out your company’s or institution’s
international coverage for its Financial Lines products. At
AGCS we specialize in compliance with local supervisory
and tax laws while developing your tailored local solution
and adhering to our global standards.
Excellent claims service –
recognized worldwide
At Allianz Global Corporate Specialty, a claim is the
defining moment for our service – and our opportunity
to repay your trust. Our quality of service is based on
long-term partnerships, which is why we focus on our
client’s experience during this critical time.
Financial Lines Claims Experience
We strive to make the claims-handling process as
transparent and solution-oriented as possible. That is
why we discuss liability and coverage regularly ahead of
time, to ensure that the right plan is always in place.
Our financial lines claims team operates with
experienced professionals, communicates clearly and
honestly with clients and offers a worldwide network
of offices, loss adjusters, technical experts and legal
providers. Regardless of value or severity, our standard
is to deliver a fast response to any claim or notification,
understanding that our clients have commercial
interests, which need to be protected in many
circumstances.
Global Claims Management
Our worldwide network enables us to deliver local
services with global coordination. To ensure consistent
quality and transparency for the client, no matter the
location, AGCS has established proven systems and
procedures, which have been put into practice time
and time again. Customized, pre-agreed processes
deliver flexibility within a robust framework – before and
after a claim. So our clients can be confident that we
will support them with swift action and prompt claims
settlements when it matters.
AGCS offers an extensive product
range combined with the flexibility to
tailor our programs to your business
needs. Due, in fact, to our strong
International Insurance Program
capabilities, AGCS belongs to one of the
few “true” Lead Markets in DO.
When it comes to individualized cover,
AGCS underwriters are encouraged to
think outside of the box. A particular
specialist company came to us when
they weren’t able to get coverage
elsewhere. We were able to change the
standard wording, which didn’t affect
the insured, but helped to make the
risk insurable.
* Date: November 2013

7. GMM0003-11/2013
Copyright © 2013 Allianz Global Corporate Specialty SE. All rights reserved. The material
contained in this publication is designed to provide general information only. Whilst every
effort has been made to ensure that the information provided is accurate, this information
is provided without any representation or warranty of any kind about its accuracy and
Allianz Global Corporate Specialty SE cannot be held responsible for any mistakes or
omissions. All descriptions of coverage are subject to the terms, conditions and exclusions
of the individual policy.
Allianz Global Corporate Specialty SE
Fritz-Schaeffer-Strasse 9,
81737 Munich, Germany
Commercial Register: Munich, HRB 208312
81737 Munich, Germany
www.agcs.allianz.com