AGCS Auto Insurance Review

AGCS Auto insurance company, short for Allianz Global Corporate & Specialty Auto Insurance, was established in 1962. Headquartered in key locations across the world including in New York, Zurich, Bermuda, Dubai and Netherlands, AGCE operates in 150 countries; 80 of which are network partners.

AGCS is a subsidiary of Fireman’s Fund Insurance and is focused on providing specialty policies including aviation, casualty and shipping and as well as several other marine services. The company at present serves as the auto insurance wing of Allianz, originally its own company, even though it still remains Fireman’s Fund Insurance’s subsidiary. AGCS is, however, questionably more closely associated with the rest of Allianz’s business operations.

AGCS offers top-quality auto insurance to businesses across various industries globally making it one of the leading auto insurance service providers for business.

The company has financial potency to sustain mega industries including marine and aviation and has financed thousands of businesses.

Scope of Auto Insurance Services

AGCS offers corporate customers a range of auto insurance programs and related services including:

• Liability insurance
• Alternative risk transfer
• Property insurance
• Financial lines
• International insurance programs
• Claims services
• Risk consulting
• Captive and fronting services

The services are centered towards specialty industries including:

• Marine
• Aviation
• Energy Engineering

Your business might be eligible for AGCS coverage since it covers industries including financial services, technology, real estate, defense, heath care, logistics, telecom, utilities, retail, oil and gas, construction, manufacturing and food.

AGCS also offers liability and reinsurance in situations where risks of liability always exist such as in huge money channeling via multiple means. Liability may vary from uncomplicated auto insurance claim to accounting to a complicated accounting problem or a natural disaster such as earthquakes or flooding. A wide range of services of this kind also entail reinsurance — insuring the insurer. Major insurance companies around the world are insured by AGCS. AGCS covers the risks between insurance and capital markets termed as insurance linked markets.

AGCS Auto Insurance Official Ratings

As of 2011, AGCS carried an “A” rating from Standard and Poor insurance rater. Additionally, it carried the esteemed “A+” rating from A.M Best, the world’s leading rater of financial services companies.

Choosing AGCS Auto Insurance

As one of the world’s leading corporate insurance providers, AGCS offers one of the most consistent track records in the competitive car insurance market. There are various reasons you may want to consider AGCS for your business including:

• Local practice: Boasting of many regional offices across the world, AGCS offers auto insurance based on local market needs as well as under circumstances that apply to individual client or customer needs.
• International practice: Given its international perspective and exposure, AGCS has international business experience. According to the company’s website, AGCS has over 10,000 corporate client policies.
• Solvency and capacity: since AGCS has a formidable liquid asset portfolio as well as leading capacity, it has the potential to underwrite large risks at the same time while still maintaining their financial position.
• Spread out risk portfolio: AGCS offers wide range of insurance products since it is geared towards long-term consistency and stability.
• Demonstrated track record: Allianz has operated for over 100 years maintaining decades of relationships with the world’s major businesses. For instance, almost all the aviation and marine enterprises maintain insurance with AGCS.

Opting for Different Auto Insurance Provider

AGCS tends to cater for corporate clientele who purchase business policies in bulk. If you intent to buy cheap auto insurance, you may want to consider AGCS. Additionally, while the company does offer individual insurance policies, the services provided may not be similar as those geared towards your individual need such as those offered by consumer insurance companies.

AGCS Auto Insurance ART Group

AGCS offers specialty coverage to businesses. In addition, it offers specialized services to all business situations through its Allianz Risk Transfer Group (ART)
The ART is the central parts of AGCS responsible for setting up a team of specialists to assist your business formulate a comprehensive specialized plan for your business.
The ART team assists with regard to business operations on issues concerning haulage, inland marine risks and cargo to incorporate projects for marine and transport services. In addition, property owners are advised on business interruption caused by factors such as natural disasters, fire and theft. Airline companies and aviators are assigned a team of qualified experts in their particular industries.

AGCS Auto Insurance in Transportation Industry

Since AGCS auto insurance centers its focus on the transit end of business, it is critical to understanding the role of transportation in the company. The extent of policy holders insured with auto insurance connected with AGCS range from marine, aircraft, trucks and trains. In addition, AGCS has the capacity to insure space shuttles or rockets.

In conclusion, AGCS is one of the world’s largest auto insurance service providers offering insurance to all levels of transportation globally.

Getting insurance on your vehicle with the company does not necessarily require that you own a business.

In addition, you can easily source the online auto insurance rates that apply to your location by simply visiting the company’s website and entering your zip code.