12 June 2015 Insurance

AGCS partners with red24

Allianz Global Corporate & Specialty (AGCS), the corporate insurer of Allianz Group, has partnered with red24, a global crisis management assistance company.

red24 will offer its crisis support services to AGCS clients in order to manage product recalls or contamination, resolve emergency incidents or conduct evacuations from countries in turmoil.

Michael Hohmann, global head of liability of AGCS, said: “Political risks and violence are increasing in many countries of the world. With our new partner red24 our crisis management policyholders will benefit from exclusive access to various emergency services which are essential in tense situations.

“Equally important are the prevention and risk mitigation services of red24 which will increase our clients’ resilience by simulating worst-case scenarios and testing emergency procedures."

Christof Bentele, head of global crisis management, added: “red24 has been selected as a result of a thorough tender process involving several crisis management support providers. “Our aim was to identify the best match for both AGCS and our clients. red24 stood out through its global network and deep practical experience of international crisis case handling.”

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