# Allianz Trade wins Global Banking & Finance Review’s Best Trade Credit Insurance Company Asia Pacific 2022 Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2022-06-07 Category: INSURANCE Category URL: https://financedigest.com/category/insurance Meta Title: Allianz Trade Wins Best Trade Credit Insurance Company Asia Meta Description: Award-winning Allianz Trade, formerly Euler Hermes, recognised for sixth consecutive year for providing industry-leading trade credit insurance solutions in the URL: https://financedigest.com/allianz-trade-wins-global-banking-finance-reviews-best-trade-credit-insurance-company-asia-pacific-2022html ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/aztradeen-1736815661551-compressed.jpg) **Leading credit insurer formerly known as Euler Hermes wins award for sixth consecutive year** [Allianz Trade](https://www.allianz-asiapacific.com/privacy-statement.html), the world leader in trade credit insurance, was awarded Global Banking & Finance Review’s Best Trade Credit Insurance Company Asia Pacific 2022 honour this month. It was the sixth consecutive year that the company was awarded the prestigious accolade from Global Banking & Finance Review. Formerly known as Euler Hermes, Allianz Trade continues to offer industry leading products to clients in the Asia-Pacific region. Global Banking & Finance Review noted a number of key areas in which Allianz Trade thrived over the course of 2021-22, leading to the title of the Best Trade Credit [Insurance Company Asia Pacific](https://www.financedigest.com/understanding-asia-pacific-insurance-regulation-is-key-to-growth-says-aon.html "Understanding Asia Pacific insurance regulation is key to growth, says Aon") 2022 for a sixth straight year. Allianz Trade has an extensive range of integrated products and services that enable [businesses to reduce their payment and credit](https://www.financedigest.com/credit-agricole-launches-china-ma-and-investment-banking-business.html "Credit Agricole launches China M&A and investment banking business") risks. These [products protect clients’ trade](https://www.financedigest.com/innovative-new-dealcancellation-product-from-easymarkets-to-democratise-trading-like-never-before.html "Innovative new dealCancellation product from easyMarkets to democratise trading like never before") assets and improve working capital. Global Banking & [Finance Review also outlined Allianz Trade’s unrivalled global business](https://www.financedigest.com/1-in-3-uk-businesses-looking-for-finance-are-finding-it-harder-to-get-a-loan.html "1 in 3 UK businesses looking for finance are finding it harder to get a loan") intelligence and high levels of communication and business support during critical times. The company’s work throughout the [COVID-19 pandemic](https://www.financedigest.com/lessons-that-banks-and-financial-institutions-need-to-take-from-the-covid-19-pandemic.html "Lessons that Banks and Financial Institutions need to take from the Covid-19 Pandemic") has been exemplary. In addition, Allianz Trade [continues to invest in technology to support](https://www.financedigest.com/adnami-appoints-burnett-and-bukholt-to-support-continued-expansion.html "Adnami appoints Burnett and Bukholt to support continued expansion") its clients’ needs. These [investments have led to numerous upgrades allowing business](https://www.financedigest.com/why-investing-in-employee-health-can-be-good-for-business.html "Why investing in employee health can be good for business") to flow more smoothly. Finally, [Global Banking & Finance Review was impressed by Allianz Trade’s global network that monitors 83 million](https://www.financedigest.com/black-panther-sequel-ignites-box-office-with-330-million-global-debut.html "‘Black Panther’ sequel ignites box office with 0 million global debut") companies across 160 countries to address any needs of clients that may arise. “Allianz [Trade continues to excel in the Asia-Pacific region exceeding the needs](https://www.financedigest.com/britains-digital-banks-need-support-amid-banking-turmoil-trade-body.html "Britain’s digital banks need support amid banking turmoil – trade body") of its clients,” Wanda Rich, Editor, Global Banking & Finance Review, said. “The tailor-made solutions [provided by Allianz Trade](https://www.financedigest.com/red-box-and-bloomberg-partner-to-provide-comprehensive-record-keeping-and-trade-reconstruction-services-for-financial-compliance.html "Red Box and Bloomberg Partner to Provide Comprehensive Record Keeping and Trade Reconstruction Services for Financial Compliance") are ideal for any client. The current [times that we live in are not easy for any business](https://www.financedigest.com/tough-times-and-risky-business-which-emerging-market-assets-are-a-bet-worth-taking.html "Tough times and risky business – which emerging market assets are a bet worth taking") to navigate. Allianz [Trade’s ability to lower risk](https://www.financedigest.com/wto-sees-subpar-2023-trade-growth-with-multiple-risks.html "WTO sees “subpar” 2023 trade growth with multiple risks") and communicate directly to clients gives it high marks.” Paul Flanagan, Regional CEO at Allianz Trade in Asia Pacific, says, “The title of the best trade credit [insurer does not come](https://www.financedigest.com/are-you-getting-what-you-are-paying-for-when-it-comes-to-cyber-liability-insurance.html "ARE YOU GETTING WHAT YOU ARE PAYING FOR WHEN IT COMES TO CYBER LIABILITY INSURANCE?") easy, let alone for six consecutive years. We will continue to provide best-in-class [customer service](https://www.financedigest.com/id-fraud-is-on-the-rise-can-financial-services-do-more-to-protect-their-customers.html "ID fraud is on the rise: can financial services do more to protect their customers?") to our clients, backed by data driven intelligence to aid their day-to-day decision making. In the context of complicated [international environment with global](https://www.financedigest.com/international-investment-soars-as-albania-steps-into-global-spotlight.html "INTERNATIONAL INVESTMENT SOARS AS ALBANIA STEPS INTO GLOBAL SPOTLIGHT") insolvencies expected to rise, Allianz Trade has just the right people and expertise to help companies navigate the challenging roads ahead.” The Best [Trade Credit Insurance Company Asia Pacific award is bestowed on companies that succeed](https://www.financedigest.com/how-to-trade-forex-and-succeed-as-an-individual.html "How to Trade Forex and Succeed as an Individual") in specific areas of expertise in the banking and finance sectors. Allianz Trade has now won six consecutive Best Trade Credit [Insurance Company](https://www.financedigest.com/5-digital-marketing-tips-to-keep-insurance-companies-competitive.html "5 digital marketing tips to keep insurance companies competitive") Asia Pacific awards. The company was previously known as Euler Hermes, but rebranded recently to align itself further with the Allianz Group. The [company has been a full member of the Allianz Group](https://www.financedigest.com/incentive-fm-group-wins-contract-with-global-events-company.html "Incentive Fm Group Wins Contract With Global Events Company") since 2018. Allianz Trade’s dedication to excellence continues to see the [company grow](https://www.financedigest.com/5-top-tips-on-how-to-grow-a-technology-company.html "5 Top Tips on how to grow a technology company") to new heights. **About the [Global Banking](https://www.financedigest.com/credit-suisse-54-billion-lifeline-offers-limited-respite-to-global-banks.html "Credit Suisse billion lifeline offers limited respite to global banks") & Finance Awards** The Global Banking & Finance Awards honour businesses dedicated to excellence in particular [areas](https://www.financedigest.com/4-areas-of-finance-you-should-be-watching.html "4 Areas of Finance You Should Be Watching") of expertise in the finance industry. The awards recognize achievement, challenge, [progress and inspirational change in global](https://www.financedigest.com/global-economic-crisis-strangling-progress-for-poor-warns-u-n-development-chief.html "Global economic crisis strangling progress for poor, warns U.N. development chief") finance. Global [Banking & Finance Review is a leading online and print magazine](https://www.financedigest.com/artificial-intelligence-in-banking-magazine.html "Artificial Intelligence in Banking Magazine"), which has evolved over the years. Global Banking & Finance Review has objective and respected editorial contributions from all major sectors, such as Banking, Technology, [FOREX Trading](https://www.financedigest.com/10-fundamental-forex-trading-tips-for-beginners.html "10 Fundamental Forex Trading Tips for Beginners"), Asset Management, Corporate Governance, Islamic Finance, Project Finance, Mergers and Acquisitions, Tax, and Accounting and Inward Investment; all under one global umbrella. For Further Information, please visit www.globalbankingandfinance.com --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---