Allianz Trade in Canada celebrates 100 years

Speed of underwriting
Global expertise
Diversity

“In the 1990s, decisions could take weeks. You had to send out a form to a credit company and get the form back by snail mail. Today, we can make instantaneous decisions. We have a database of 80 million companies that our underwriters can access, giving them that speed in decision-making,” the CEO said.

Expertise has also gone from local to global. When Allianz Trade in Canada first opened its doors (as American Credit Indemnity of New York), it supported local tradesmen in the Montreal area.

“Our decisions were made locally because those companies traded locally. Now, we follow businesses throughout the world,” Dienesch said.

“We’re not just supporting local or domestic credit. We’re supporting export credits. We’ve expanded with businesses and helped them gain access to the world, both Canadian businesses and businesses coming into Canada.”