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Allianz establishes its technology arm to be based in West Africa

German insurer and asset managers Allianz has rolled out Allianz Technology Africa (AZTA) as it continues to expand its footprint in the continent.

Allianz Africa says the subsidiary which is based in Abidjan, Côte d’Ivoire will provide information a technology services exclusively to Allianz Africa Operational Entities.

AZTA is expected to strengthen the role of Allianz Africa IT teams and enable them to better support the region’s transformation while providing more value to local businesses.

“Our IT colleagues will have the opportunity to work in a big community of experts, providing the entire Allianz Group with excellent services in terms of technology and innovation”, said Cécile Lebrun, Africa Program Lead at Allianz Technology.

Allianz Technology is the global IT provider for Allianz with more than 10,000 employees located in 36 countries.

The entity oversees the full spectrum of information systems and digitalization including large IT infrastructure projects, data centers, networks, security, application platforms

“The Allianz Technology family is thrilled about this new project and we look forward to new collaborations and achievements by providing Allianz entities in Africa with global IT solutions, in line with Allianz global digitalization strategy,” said Alexander Heinrich, Allianz Technology Head of Global System Integration in charge of Africa.

AZTA is expected to become Allianz Africa innovation tool per excellence and to offer simple insurance solutions adapted to its different markets.

“While the insurance penetration rate on the continent is one of the lowest in the world, Africans are open to new technologies. With AZTA, we have a unique opportunity to provide them with appealing solutions,” she continued: “We will also be able to better support the resilience of local economies by making protection solutions more accessible to Africans,” added Delphine Traoré, Regional CEO of Allianz Africa.

Allianz is now a leading insurer and investor in key markets in the CIMA zone and enjoys strong positioning in Morocco, Côte d’Ivoire and Ghana.

Allianz recently made acquisitions in Nigeria, Morocco and East Africa, as it targets to become a leader in key markets in Africa.

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