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LONDON, ENGLAND, June 6, 2022 /24-7Press release/ — Trade Allianz, the world leader in trade credit insurance, was honored this month as Asia Pacific’s Best Trade Credit Insurance Company 2022 by Global Banking & Finance Review. It was the sixth consecutive year that the company received the prestigious award from the Global Banking & Finance Review.
Formerly known as Euler Hermes, Allianz Trade continues to offer industry-leading products to clients in the Asia-Pacific region. Global Banking & Finance Review highlighted a number of key areas in which Allianz Trade thrived over the course of 2021-22, leading to the title of Best Asia Pacific Trade Credit Insurance Company 2022 for the sixth consecutive year.
Allianz Trade has a wide range of integrated products and services that enable companies to reduce their credit and payment risks. These products protect clients’ business assets and improve working capital. Global Banking & Finance Review also described Allianz Trade’s unrivaled global business intelligence and high levels of communication and business support during critical times. The company’s work during the COVID-19 pandemic has been exemplary.
Furthermore, Allianz Trade continues to invest in technology to meet the needs of its clients. These investments have led to numerous upgrades that allow business to flow more smoothly. Finally, Global Banking & Finance Review was impressed by Allianz Trade’s global network that monitors 83 million businesses in 160 countries to address any customer needs that may arise.
“Allianz Trade continues to excel in the Asia-Pacific region by exceeding the needs of its clients,” said Wanda Rich, editor of Global Banking & Finance Review. “The bespoke solutions provided by Allianz Trade are ideal for any client. The current times we live in are not easy to navigate for any company. Allianz Trade’s ability to reduce risk and communicate directly with clients gives it a high rating.”
Paul Flanagan, Regional Managing Director for Allianz Trade in Asia Pacific, says: “The title of best trade credit insurer is not an easy one, let alone for six years in a row. We will continue to provide best-in-class customer service to our customers, backed by data-driven intelligence to help them make everyday decisions. Against the backdrop of a challenging international environment where global insolvencies are expected to increase, Allianz Trade has the right people and experience to help companies navigate the challenging paths ahead.”
The Asia Pacific Best Trade Credit Insurance Company award is given to companies that are successful in specific areas of expertise in the banking and finance sectors. Allianz Trade has now won six consecutive awards for Best Asia Pacific Trade Credit Insurance Company. The company was previously known as Euler Hermes, but recently changed its name to further align with the Allianz Group. The company has been a full member of the Allianz Group since 2018. Allianz Trade’s dedication to excellence continues to see the company grow to new heights.
About the Global Banking and Finance Awards
The Global Banking & Finance Awards recognize companies dedicated to excellence in specific areas of expertise in the financial industry. The awards recognize inspirational achievements, challenges, progress and change in global finance. Global Banking & Finance Review is a leading online and print magazine, which has evolved over the years. Global Banking & Finance Review has unbiased and respected editorial contributions from every major industry including banking, technology, forex trading, asset management, corporate governance, Islamic finance, project finance, mergers and acquisitions, tax and accounting, and inward investment. ; all under one global umbrella. For more information, visit www.globalbankingandfinance.com
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