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Allianz Africa enters a strategic partnership with Ethiopian Airlines 

Casablanca | November 19, 2019

Allianz Africa and Ethiopian Airlines enter a strategic partnership which will see both companies collaborate in 5 countries: Cameroon, Congo, Ghana, Kenya and Nigeria.

The members of the Ethiopian Airlines “ShebaMiles” Frequent Flyer program will now benefit from a variety of insurance products offered by Allianz Africa, including Home, Motor, Travel, Life and Health. The members will earn miles for purchasing insurance products in these countries.

Since December 2011, ShebaMiles has a frequent flyer program partnership agreement with over 28 airlines including all the Star Alliance member airlines and over 80 non-airline partners (hotels, restaurants, health care institutions, car rentals, etc.). Members have the privilege to earn miles whenever they use the services of these partners. The more they fly, the higher the benefits. The accumulated miles allow them to win tickets, upgrades, access to executive lounges, additional free baggage allowance and many other privileges.

This partnership is another evidence of Allianz's commitment on the continent to set up relevant and innovative Pan African solutions in the best interest of its clients with partners such as Ethiopian Airlines.

‘‘It is through partnerships of this magnitude that we can truly bring innovative solutions and find alternative channels to provide best-in-class services to our customers. When global expertise meets Pan African experience, success is eminent and the best is yet to come’’, said Justice Thobakgale, Regional Strategy and Corporate Partnerships at Allianz Africa.

Creating more value for our esteemed customers and engaging with them in their day to day activities besides travel is the leveraging factor for developing this partnership. This partnership presents a twofold benefit where travelers find the ideal award mileage offer and are in comfort, from comprehensive insurance coverage while on the road and at home” said Mr. Anteneh Fekadu, Team Leader partnership & Alliance at Ethiopian Airlines.

Allianz is voted the number one insurer in the Interbrand Best Global Brands 2019 ranking and Ethiopian Airlines is recognized as the the leading African Aviation Group. The pair intend to offer customers the best of Allianz Africa’s expertise and protection as well as Ethiopian Airlines’ unrivalled experience and extraordinary Ethiopian courtesy.

Press contact

Bahia Mira

Communications officer - Allianz Africa

E-mail: bahia.mira@allianz.fr

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 708 billion euros on behalf of its insurance customers. Furthermore our asset managers PIMCO and Allianz Global Investors manage more than 1.5 trillion euros of third-party assets. Thanks to its systematic integration of ecological and social criteria in their business processes and investment decisions, Allianz holds the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.

www.allianz.com

About Allianz Africa

In Africa, Allianz is currently present in 13 countries and accompanies clients in 39 countries. Its 1,500 employees achieved regional revenues of 588 million euros in 2018. Allianz also provides micro- insurance for 500,000 low-income families and individuals in Africa.

www.allianz-africa.com

About Ethiopian Airlines Group

Ethiopian Airlines is the flag carrier of Ethiopia. During the past seventy plus years, Ethiopian Airlines has become one of the continent's leading carriers, unrivalled in Africa for efficiency and operational success, turning profits for almost all the years of its existence

Operating at the forefront of technology, the airline has also become one of Ethiopia's major industries and a veritable institution in Africa. It commands a lion's share of the pan African network including the daily and double daily east-west flight across the continent. Ethiopian Airlines currently serves more than 125 international and 22 domestic destinations operating the newest and youngest fleet

www.ethiopianairlines.com