Allianz Trade renews and enhances its insurance support to Save the Children to protect life-saving funds for children.

2 November 2022

Allianz Trade, the world’s leading trade credit insurer, reinforces its commitment to Save the Children for a third consecutive year. 

Allianz Trade has increased the size of its insurance support to Save the Children, including for several new countries in urgent need of the humanitarian organization’s funds and projects—extending a partnership that’s been in place since 2020.

Issued by the Allianz Trade Specialty Credit team, alongside other insurance partners, Save the Children benefits from a syndicated, multi-country political risk policy at a nominal premium. This support helps protect international funds in countries where the threat of confiscation is elevated and ensures the organisation’s life-saving work can continue.

As one of the world’s leading humanitarian organizations, Save the Children works to ensure children across the world, especially those most impacted by inequality and discrimination, have access to healthcare, food and shelter, as well as learning opportunities and child protection services.

 “Save the Children’s invaluable global efforts warrant strong support from the industry, allowing the organization to make a positive impact in regions where political risk around the security of funds is high. By increasing the countries in our scope, we aim to provide enhanced confidence to the charity in order to continue doing the work that they do without interference,” said William Whittington, Regional Head of Specialty Credit, UK, at Allianz Trade.

“The combined impacts of COVID-19, conflict and the climate crisis are having a devastating impact on vulnerable children’s lives, pushing millions to the brink of starvation, forcing them out of school or leaving them at risk of violence. This partnership ensures that funds meant to help children grow up healthy, access education and learning, and keep them safe in their communities, are protected,” said Neil Hunt, Global Insurance Director at Save the Children International.


Allianz Trade contact

Adrian Russell

+44 (0) 20 7860 2728

We predict trade and credit risk today, so companies can have confidence in tomorrow

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in corporate solvency representing 92% of global GDP. We give companies the confidence to trade, and be paid. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in 52 countries with 6,050 employees. In 2017, our consolidated turnover was € 2.6 billion and insured global business transactions represented € 894 billion in exposure. Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes.

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