Allianz Life Named One of the World’s Most Ethical Companies in 2021

Company Recognized for its Integrity and Ethical Business Practices for Second Year in a Row

MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life^®) announced today it has been recognized as one of the 2021 World’s Most Ethical Companies.

The annual World’s Most Ethical Companies recognition from Ethisphere honors companies from around the world that demonstrate a commitment to business integrity, making a difference in the communities they touch, and elevating employees and other stakeholders, especially during a year as challenging as 2020.

“Our values-based culture empowers employees to do the right thing to support our customers, our business partners, and our community,” said Walter White, president and CEO, Allianz Life. “Our focus is helping our customers secure their future, and this recognition is validation of our strong ethical foundation that enables us to fulfill this mission.”

“While addressing the tough challenges of 2020, we saw companies lead – above all other institutions – on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” said Timothy Erblich, CEO, Ethisphere. “The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to Allianz Life for earning the World’s Most Ethical Companies designation.”

The World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. This year, the question set expanded to gauge how companies are adapting and responding to the global health pandemic, as well as inclusion and social justice practices.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For^® and one of the Ethisphere 2020 World’s Most Ethical Companies^®, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2019, Allianz Life provided additional value to its policyholders via distributions of more than $10.4 billion. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with over 147,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.