Alexander Grenz: The future of Allianz in Indonesia’s life insurance industry – Companies

ounded in 1890 in Munich, Germany, Allianz is one of the world’s leading integrated financial service provider. In Indonesia, its presence began in 1981 with a representative office, followed by the establishment of Allianz Utama Indonesia in 1989 for general insurance and Allianz Life Indonesia in 1996 for life and health insurance. In 2023, Allianz further expanded with the launch of Allianz Life Syariah, which is dedicated to sharia-based life and health protection.

In 2023, Alexander Grenz assumed role of Country Manager and President Director of Allianz Life Indonesia, and The Jakarta Post had an opportunity to sit down with him in January 2024 to discuss the current situation of Indonesia’s life insurance industry and what the insurer planned to further contribute.

Originally from Germany, Grenz has accumulated over 20 years of experience across the globe through his career in Allianz. For the past decade he has been working in Southeast Asia, and today he is overseeing Allianz in Indonesia.

We started by asking about his experience so far in Indonesia.

“I’m still very new to this country, but I realize that there is a very strong sense of community where people always try to lend a helping hand to accomplish things.” Grenz answered

Then we inquired on his leadership style at Allianz, to which Grenz emphasized his strong belief in collaboration and dislike towards thick layers of bureaucratic hierarchy.

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“Internally, I think we can call it collaborative leadership, because I believe that Allianz has to empower its people. We need

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