Allianz Life Dedicates New North American Headquarters; Welcomes Global Chairman.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Sept. 26, 2001 Ceremony will include a donation of one-half million dollars to disaster relief fund as unveiling of massive mosaic featuring images of its more than 1,600 employees Allianz (all-ee-ahnz) Life Insurance Company of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. (Allianz Life), a leading wealth management company, dedicated its new headquarters today with an impressive celebration of music and speeches from key dignitaries including Dr. Henning Schulte-Noelle, chairman of the Board of Management of Allianz AG, who traveled from Germany to attend the event. The celebration included the presentation of one-half million dollars to the disaster relief fund and culminated with the unfurling of a 105-foot square banner consisting of images of its more than 1,600 employees. "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that this occasion allowed us to welcome the chairman of Allianz AG while showcasing the hundreds of individuals that are the heart and soul of this organization," said Bob MacDonald
Bob MacDonald , chief executive officer of Allianz Life. "With input and assistance from our 1,600 employees, we have created a space that illustrates the unique culture of this company." The ceremony also featured speeches by MacDonald and Golden Valley Mayor Mary Anderson Mary Anderson may refer to one of the following:
1 A group of singers; traditionally the chorus organized to sing in a church. Usually, Roman Catholic, Anglican, and Lutheran choirs are composed of men and boys, but occasionally in these churches and customarily in other Protestant performed during the event and a ceremonial ribbon cutting was conducted. The event marks the first-ever visit of Schulte-Noelle to the company's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters. Based in Munich, Germany, Allianz AG is the parent company of Allianz Life. Allianz AG consists of 170,000 people in 70 countries around the globe. "Just two short years ago, Allianz Group recognized the value and great potential of bringing together two great companies with complementary strengths - LifeUSA and Allianz Life - to form a dynamic, new leader in the North American life insurance industry," Schulte-Noelle said. "This new structure represents the magnitude of your progress and is a lasting tribute to everyone who has made Allianz Life a great and successful company." In addition to his duties as chairman of Allianz AG, Schulte-Noelle serves on several international committees including the Asian-Pacific Committee of the German Industry and the European Union/Hong Kong Cooperation Committee. Allianz Life Building The new campus, located on the northwest corner of Interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. 394 and Highway 100, consolidates the corporate headquarters of the former Allianz Life facility in Minneapolis and the former LifeUSA headquarters in St. Louis Park. The building was purposely pur·pose·ly adv. With specific purpose. purposely Adverb on purpose USAGE: See at purposeful. Adv. 1. located halfway between the sites to aid the integration of two cultures and to enhance employee retention. Employees moved into the building in August 2001. The building earned CityBusiness' Best in Real Estate Ranking in the Corporate Category of Built-To-Suit (March 2001). McGough Construction was the general contractor A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. for the project. Photo mosaic The dedication ceremony culminated with the unveiling of a 105' x 105' mosaic banner consisting of images of its more than 1,600 employee photos. The banner, constructed of a weatherproof, mesh Refers to an interconnect architecture that cross- connects several devices. See mesh network, wireless mesh network and switch fabric. (character) mesh - The INTERCAL name for hash. cloth, was unfurled along the west side of the building. Other highlights of the event: -- Charitable donation - Allianz Life presented a $50,000 check to the city of Golden Valley for the purchase and installation of new playground equipment and surfacing at Scheid Park, located near Duluth Street and Toledo Avenue North in Golden Valley. Installation of the equipment will begin in October. -- Time capsule - A time capsule was dedicated and will be sealed in a wall on the first floor of the new building by McGough Construction. The capsule includes several items including: -- Inscription book of employee signatures and messages -- Map of the Twin Cities metro area depicting the locations of employee zip codes that was used to determine the new building location -- Allianz Life Centennial Book, 1896 - 1996 -- Video of the making of LifeUSA -- Time capsule contents found during the move of the 12.5-ton Billy Bison statue from 1750 Hennepin Avenue to 5701 Golden Hills Drive in June including a 1948 note from the sculptor along with bottle pieces and newspaper in which it was wrapped -- Blueprints of 1750 Hennepin Avenue location -- Minneapolis Star Tribune newspaper with headline of "Terrorized - Hijacked Jets Hit World Trade Center, Pentagon" (9/12/2001). -- Financial Services Luncheon - Also as part of the festivities, Allianz Life hosted a luncheon for local leaders in the financial services market that included representatives from the insurance industry and financial institutions, as well as local dignitaries. About Allianz Life Insurance Company of North America Allianz Life Insurance Company of North America (Allianz Life) is a leading provider of fixed and variable annuities Variable annuities Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio. and life policies, group life and health, and long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. products through independent distribution networks and financial institutions in the U.S. Allianz Life is also a major provider of life, annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. and health reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. services. Allianz Life is part of the Allianz Group, the second largest insurance group and the 25th largest corporation in the world, operating in more than 70 countries. Allianz Life headquarters are based in Minneapolis. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion