Allianz Harmonizes HR across a Decentralized Global Enterprise
Headquartered in Germany, The Allianz Group is one of the world’s leading integrated financial services providers with more than 155,000 employees in 70 countries. More than 125 million customers across nine global lines of business are served, including those in businesses such as insurance and asset management.
Compared to its global competitors, Allianz is particularly decentralized. Its more than 400 legal entities across different countries and lines of business had it struggling with numerous difficulties related to decentralization - data structures, data governance, privacy laws, harmonizing HR processes, and addressing disparate technology platforms, etc.