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Ground Breaking of Allianz Tower in Jakarta

Jakarta, July 3, 2009

 

July 5, 2009, the foundation for a special and architectonically attractive office tower in Jakarta has been laid. This new 28-storey building will be built according to the latest environmental standards and will carry the name “Allianz Tower”. Upon finishing in 2011, Allianz will use it as its new head office of its Indonesian operations.

 

“This new office, will enable our two Allianz companies to grow together more closely and to work as One Allianz in Indonesia; not only having Allianz Tower as the building’s name but also implementing an one contact approach for our clients as well as, one service standard and an One Stop Solution concept for all our insurance services to our customers and business partners,” said Jens Reisch, CEO of Allianz Life Indonesia.

“At the same time, the Allianz Tower will also create higher operational efficiency through stronger synergies between the two companies, which will be developed under the  new Allianz Group’s Target Operating Model (TOM) approach,” added Volker Miss, CEO of Allianz Utama, Allianz’s P&C company in Indonesia.

The Allianz Indonesia’s new office project team confirmed to use this ready-to-build office building which is located in one of Jakarta’s prominent office locations, the Kuningan area.

Insured by Allianz

The construction period, which is expected to be finished by early year 2011, will be insured by Allianz Utama. The total project value of IDR 200 billion showcases Allianz expertise in handling such large engineering risks while at the same time ensuring that the project will be running and finished properly to meet the scheduled move of Allianz to the new premises by  mid 2011.

The Green Building

Concurrent with the Allianz global initiatives to protect the environment, the Allianz Tower architecture and development plan reflects all aspects of Environment Sustainable Design (ESD) fundamentals. The building orientation and its Advance Glazing Technology are aimed to reduce the heat and direct UV exposure from the sun which will lead to less power consumption for air conditioning. The Allianz Tower design also allows approximately 70% of its nearly 1 hectare land to be used as natural rain water absorbent. The building will also be equipped with state of the art water recycling facilities.

The owner of the building is KOMPAS-GRAMEDIA Group, the biggest media corporation in Indonesia. The Allianz Tower is designed with its unique features represent the principal concepts of openness, transparency, flow of information and harmonious integration of a modern office building into an environmentally friendly environment.

About Allianz in Indonesia

Allianz started its operations in Indonesia with a representative office in 1981. In 1989, Allianz established PT Asuransi Allianz Utama Indonesia, a non-life insurance company. Furthermore, Allianz entered the Indonesian life insurance market by opening PT Asuransi Allianz Life Indonesia in 1996. Today, Allianz in Indonesia is one of the leading insurance
groups in the market who has been trusted to serve more than 1 million customers in individual and corporate segment. Allianz Utama and Allianz Life Indonesia draw on support from nearly 12.000 dedicated financial consultants and operate a wide service network of over 80 offices in more than 44 locations nationwide.

Press Contact

Agung Priambadha
Public Relations & Communications
Tel.: +62 21 52998848
Fax: +62 21 5253246
Email: Agung.Priambadha
@allianz.co.id