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Forty two donations made as part of the first round of the Allianz Sports Fund initiative

Press release -

Forty two donations made as part of the first round of the Allianz Sports Fund initiative

Allianz makes first round of donations to sports clubs around the country, nominated by brokers, amounting to £50,000.

Allianz Insurance is happy to announce that the first round of donations, as part of the Allianz Sports Fund, has been confirmed and the beneficiaries have been notified.

A total of 42 donations, ranging from £500 to £3000, have been made to sports clubs around the country, totalling £50,000.

Launched earlier this year, the Allianz Sports Fund offers financial support for community sports in the UK. The new initiative allows brokers to support their local grassroots sports club by nominating them to receive a grant from Allianz. Awards are to help these clubs continue to provide opportunities within their local community and ease the financial impact as a result of coronavirus.

One sports club to have received a donation is Silhillians Rugby Football Club. Their chairman, Lee Jones commented: “Thank you for granting our club these funds, with them we will continue to provide support and development through rugby to our local women and underprivileged children”.

As part of the initiative, every club that has received a donation will also receive a package with branded water bottles, towels and other sports equipment.

Carolyn Rich, head of brand and social responsibility, Allianz Insurance said: “We are happy to be able to reach out and support local communities and sports centres across the country.

“Allianz has supported sport through our various sponsorships for many years and we’re delighted to be able to support grassroots sports too. As the Worldwide Insurance Partner for the Olympic and Paralympic Movements, we understand the power of sport. We hope people are encouraged to get out and make the most of these sports clubs.

“We are also proud to support our brokers to connect with their local communities. We feel this is a great opportunity to bring the two together, and we cannot wait to get together and choose the next lucky group of clubs to benefit from this.”

The next round of donations will be decided in November, and brokers can submit nominations from 2nd August 2021.

ENDS

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Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain.

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The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 1.7 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

*Including non-consolidated entities with Allianz customers

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