Allianz Global Corp & Specialty was formed with the merger of Allianz Global Risks and Allianz Marine & Aviation in 2005. It offers aviation coverage and property, engineering, liability and marine insurance options. The company operates Allianz Risk Consultants (ARC), which helps to assess risks and provides know-how transfer for corporate clients. Allianz Global Corp & Specialty also maintains Allianz Risk Transfer (ART), which customizes insurance and financial solutions by using modeling processes to manage various risks. It has operations in more than 70 countries and offers loss control engineering services and programs to protect clients assets. The company provides insurance solutions for cargo, hull, liabilities and inland marine and related properties. Allianz Global Corp & Specialty employs over 2,000 people worldwide and manages nearly 1,000 international insurance programs. It is a wholly owned entity of Allianz SE.
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