Allianz Life Named as One of the 2023 World’s Most Ethical Companies

Company recognized by Ethisphere for the fourth year in a row for its strong commitment to an ethical workplace culture

MINNEAPOLIS – March 13, 2023 – For the fourth year in a row, Allianz Life Insurance Company of North America (Allianz Life) has been recognized as one of the 2023 World’s Most Ethical Companies® by Ethisphere.

The list of 135 companies from 19 countries around the world honors organizations that demonstrate exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance and governance practices.

“Our culture at Allianz Life is rooted in leading with ethics and integrity, where our employees are empowered to make the right choices every day,” said Jasmine Jirele, president and CEO, Allianz Life. “These values are at the heart of how we do business, and we are proud to receive this recognition of our efforts yet again.”

Grounded in Ethisphere’s proprietary Ethics Quotient®, 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 that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

In this year’s nomination, Allianz Life highlighted itsLeader’s Conversation Guide – Integrity in Action” campaign, which helped people managers in the company understand the importance of having ongoing conversations related to ethics and integrity, as well as reporting when situations do not align with company mission, vision and values.

“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Allianz Life for earning a place in the World’s Most Ethical Companies community.”

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset focused on ethical culture and featuring the responses of 2+ million employees around the world; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://ethisphere.com.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the Ethisphere World’s Most Ethical Companies®, has been trusted since 1896 to help millions of Americans prepare for financial uncertainties and retirement with a variety of innovative risk management solutions. In 2023, Allianz Life provided additional value to its policyholders via distributions of more than $13.73 billion. The company is a leading provider of fixed index annuities, registered index-linked annuities, fixed index universal life insurance, and buffered ETFs via our subsidiary Allianz Investment Management, LLC. Allianz Life is part of Allianz SE, a global leader in the financial services industry with approximately 160,000 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.