January 26, 2015 10:35 PM ET

Insurance

Company Overview of Allianz Life Insurance Company Of North America

Company Overview

Allianz Life Insurance Company Of North America, along with its subsidiaries, provides fixed and variable annuities, and life insurance products. The company provides its individual insurance products through independent agents, registered representatives, and other financial professionals in the United States. The company was formerly known as North American Life and Casualty and changed its name to Allianz Life Insurance Company Of North America in March 1993. The company was founded in 1896 and is headquartered in Minneapolis, Minnesota. Allianz Life Insurance Company Of North America operates as a subsidiary of Allianz of America, Inc.

5701 Golden Hills Drive

PO Box 1344

Minneapolis, MN 55416-1297

United States

Founded in 1896

Phone:

763-765-7783

Fax:

763-765-6415

Key Executives for Allianz Life Insurance Company Of North America

Chief Executive Officer
Age: 57
Chief Financial Officer
Age: 42
Chief Operating Officer
Age: 58
Interim Chairman of Fireman's Fund
Field Senior Vice President of Broker Dealer Distribution and President of Allianz Life Financials Services Llc
Age: 47
Compensation as of Fiscal Year 2014.

Allianz Life Insurance Company Of North America Key Developments

Florida Announces a $4.7 Million Multi-State, Multi-Agency Life Claim Settlement Agreement with Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York

The Florida Office of Insurance Regulation (Office), Florida Department of Financial Services (DFS), and the Florida Office of the Attorney General (AG) announced that a $4.7 million life claim settlement agreement has been reached with the Allianz Life Insurance Company of North America and Allianz Life Insurance Company of New York (Allianz). It is the 16th overall settlement reached by the three agencies with the cooperation of the industry in an ongoing investigation of illegal business practices under the laws of Florida. The settlement agreement with the companies and other similar insurers focuses on their one-sided use of the Social Security Administration's Death Master File (DMF) to stop paying a deceased person's annuity, but not use the same information to find and begin paying the deceased's family or other beneficiaries for life insurance policies. Allianz has agreed to implement business reforms correcting this practice and to make a payment, which will be disbursed among the participating states. Florida's allocation of the $4.7 million payment is expected to be more than $409,000, which covers the costs of the investigation and future compliance monitoring. The multi-state examination was conducted by North Dakota, which served as the managing lead state, Florida, California, Illinois, New Hampshire, and Pennsylvania. The Allianz companies deny any wrongdoing and represent they are comparing at least quarterly the complete DMF to their list of policyholders and are using a good faith effort to locate both policyholders and beneficiaries.

Allianz Life Insurance Company of North America Hires Chris Wilson as Operations Director for Project Support Services in the Enterprise Operations Division

Allianz Life Insurance Company of North America hired Chris Wilson as operations director for Project Support Services in the Enterprise Operations division. In this role, Wilson oversees large projects for the operations division. He allocates project management and business analyst resources as well as leads the strategic direction of the Project Support Services department. He is also responsible for delivering projects to stakeholders, resolving issues and meeting strategic targets. Wilson reports to the Assistant Vice President of Enterprise Operations Change Implementation, Andrew Mattson. Before joining Allianz Life, Wilson was a lead business analyst with Prime Therapeutics, LLC in Eagan, Minn., where he led a mail efficiency project, reducing errors by sixty percent.

Allianz Life Promotes Erin Krawiecki to Assistant Vice President Customer Contact Center and Fulfillment, Enterprise Operations

Allianz Life Insurance Company of North America (Allianz Life(R)) promoted Erin Krawiecki to assistant vice president Customer Contact Center and Fulfillment in the Enterprise Operations division. In this role, Krawiecki manages costs, quality and controls in the contact center to create positive results for the customer. She also leads the strategy for strengthening policy print capabilities and the digitalization of processes. Krawiecki reports to Senior Vice President of Enterprise Operations, Jasmine Jirele. Krawiecki joined Allianz Life in 2005. Most recently, she was an Operations senior director where she led the contact center to win top DALBAR Inc. service awards for fixed and variable annuities, helping more than a million customers and financial professionals. She also led business analysts to optimize the company's policy print process and developed annual department strategies while managing an almost $10 million budget. Krawiecki was also an Operations manager. Prior to working at Allianz Life, Krawiecki held director and manager roles with Delta Dental Plan of Minnesota, which is based in Minneapolis for more than eight years.

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