Allianz PNB Life, the world's number one insurer, has announced it is rapidly growing its agency channel in Mindanao during a press conference held on February 16 at the Xavier Sports and Country Club in Cagayan de Oro City.
Dr. Olaf Kliesow, Allianz PNB Life president and chief executive officer, has specified Cagayan de Oro as a crucial growth area in fulfilling the task of establishing the company’s Philippine strategy to expand its core business in Mindanao. “Being the regional center and logistics and business hub of Northern Mindanao, the city is one of the most progressive and competitive cities in the Philippines. Allianz is making the strategic decision to grow its agency channel in Mindanao starting in Cagayan de Oro,” he said.
Dr. Kliesow, who was recently elected president of the Philippine Life Insurance Association (PLIA) and the first foreigner to assume the position, further revealed the company is offering a “Life Changer Program” for those who would like to build a business as a trusted financial partner under Allianz PNB Life. “Allianz and the Kagayanonsvalue entrepreneurship.
We offer the ‘Life Changer’ career opportunity program toKagayanons and to make them agents of change. As a company, we advocate financial literacy and we would like more Filipinos to have a financially secured future. This is why Allianz is here for you,” he explained.
Allianz PNB Life partnered with the Philippine National Bank through a 15-year bancassurance deal in 2016. It has recently activated its agency channels in Davao, Cebu, Iloilo and Bacolod, among other areas in the country.
“We are excited to be part of the booming Tiger economy of the Philippines. We are here to give sound advice to bridge the protection gap in every Filipino family. The Philippines has a strong sense of family and we would like to be every Filipino family’s partner in exploring life opportunities,” he concluded.
Prior to his appointment to the Philippines, Dr. Kliesow was Allianz SE, Head of Global Life and Health Business Development from 2013 to 2016. He also served as Chairman and CEO from 2010 to 2013 of Allianz Life Japan.
He studied Law at the University of Bonn, Germany from 1986 to 1990. He completed his Doctorate at the University of Münster, Germany and graduated summa cum laude in 2000. He earned his diploma in Economics at St. Gallen Management Institute, Switzerland in 2009.