Allianz Insurance has once again been recognised for its commitment to employees by achieving Investors in People (IIP) Standard reaccreditation.
IIP is a national standard highlighting good practice in respect of staff training and development and is aimed at helping to improve the overall performance of an organisation.
The insurer, IIP accredited since 1999, successfully completed the independent assessment which measures performance against 10 key indicators ranging from business strategy, management effectiveness and continuous improvement.
The report found that Allianz has a culture of continuous improvement and a number of strategies in place to ensure that employees have the opportunity for professional and personal development.
Commenting on the achievement, Philip Gennoy, HR director, Allianz Insurance, said :
“Our objective in seeking an independent assessment was to benchmark where we stand compared with best practice and learn how we can improve further. We are committed to being a great company to work for and the results that we have received are testament to this. The feedback provided to us by IIP gives us an excellent opportunity to build further on the strategies we have in place.”
In her final report, Anne Barrett, Investors in People assessor, commented:
“Allianz has a proven history of improving its strategy for managing and developing people and continues to make a significant investment in terms of finance, resource and people to ensure the organisation has the necessary capability to achieve its performance targets.”
1. Investors in People UK is a Non-Departmental Public Body sponsored by the Department for Innovation, Universities, and Skills. It is responsible for strategic direction and development of the standard, promoting and championing the standard, and managing delivery and quality aspects of the standard. It is currently the UK’s principal standard for business improvement through people. Almost 8 million employees are currently benefiting from Investors in People, equating to 32% of the UK workforce.