Allianz Worldwide Partners rides digital wave to expand insurance footprint

Allianz Worldwide Partners Group, an insurance subsidiary of Allianz Group, is taking advantage of China's economic and digital transformation to quicken its expansion in the Chinese mainland, the company's top management said.

The French company, which specializes in assistance and insurance solutions in road rescue, care and automotive, is betting on the great opportunities brought by China's fast digitization, according to Christophe Aniel, CEO of AWP Greater China.

Sylvie Ouziel, the company's Group CEO for Assistance, who is also responsible for the Asia-Pacific region, said, "It is very easy to build a profitable business in China but hard to continue. You have to keep on renovating to keep up with latest advances in the industry."