NEW YORK, June 26 /PRNewswire/ -- Allianz, one of the largest and most
renowned financial services providers in the world, has brought the racing
yacht of the only USA challenger to midtown Manhattan. Allianz executives
Blake Moore, CEO of Allianz Global Investors US Retail LLC; Patrick Foley,
Senior Vice President and Chief Marketing Officer for Allianz Life
Insurance Company of North America; and Christopher Heidrick, Vice
President of Personal Insurance, Fireman's Fund hosted Gary Jobson today at
Rockefeller Center. Jobson, aboard the 80-foot carbon fiber yacht currently
docked at 30 Rockefeller Center, offered his top five sailing tips for
navigating the open seas. Jobson is a Hall of Fame inductee and ESPN
1. Don't be Afraid to be Innovative
While there are many nifty rules in sailing, there are many times where
it pays to be experimental. For example, it is okay at times to have
wrinkles in the sail as long as you have the desired shape. If you are
overpowered because there is too much wind, I find it acceptable to carry a
luff in the sails. When sailing downwind, it often pays to sail by the lee
for short periods of time as opposed to losing much distance making extra
jibes. I also find that it pays to over shoot a windward mark by a few
extra feet so you approach with extra speed and allow for misjudgment.
Like the America's Cup team, Allianz shares a desire for innovation
across products and markets, where we can deliver high quality, reliable
and affordable solutions and create new experiences that empower
individuals to outperform and improve business (the team) performance.
Allianz can deliver expertise in the area of equipment failures through its
technology practice, Allianz Centre of Technology (AZT) -- which liaised on
the design and technology features of the boat -- including forensic
examination of failures, maintenance schedule and risk management, which
are all areas where Allianz core competencies may provide a competitive
edge for an America's Cup boat.
2. No Mistakes - Critical Success Factors
Most often the boat that wins a sailboat race is a team that eliminates
errors. Crew practice is often the factor making the difference in making
errors in the heat of the battle. Mission -- Fast Yachts, Well sailed --
That don't break! This relates directly to Allianz business forecasters
The America's Cup requires a level of performance between the skipper
and the crew which must work seamlessly together in order to be successful.
Allianz encourages a similar environment, where the quality and reliability
of products and services, combined with an experienced team of experts
ensures the very best results are achieved for customers and clients.
Allianz is a sound choice to cover customer's risks and manage their
financial provisions, because we are highly recognized for financial
strength and have the competence of the second largest asset manager in the
3. Define Duties
The happiest boats are sailed by crews who know their exact jobs while
they are racing. Before every race, organize a crew meeting to go over
everyone's job and state the goal for the day. Then after the day sailing,
have another crew meeting to analyze the day, and get everyone ready for
the next race.
Success in sailing depends on a collective performance throughout an
extended period. The ability to perform is also the key driver for Allianz
and is based on a clear strategy, executed by a team of skilled
professionals in a concise and proficient manner.
Allianz is committed to serve the customer along their evolving
financial goals, based on mutual trust and reliability. Since 1890, Allianz
customers have appreciated our efforts to keep commitments on services and
performance as promised.
4. Catching a Wave
The best way to catch a wave to is keep the hull perpendicular to a
passing wave. Time it so that the boat is upright and there is no pressure
on the rudder just as the wave passes under the hull. When steering, head
the bow into the deepest troth and steer so that the boat is perpendicular
to that wave. Then tell your trimmers whether you intend to head up or bear
off to follow the wave.
To achieve their individual goals in insurance and financial matters,
people look for a professional partner with a qualified pedigree. In times
of change and risk -- just as on a racing yacht -- Allianz and its team of
experts are the trusted partner to turn to, striking a balance between
managing risks and reaping the reward as well as gauging the climate.
Allianz enables the individual to find the best solution for his/her needs,
providing products and services that prove their value in moments of truth.
5. Talk with Your Competitors
Often I gain my most valuable information after the race talking with
my competitors. It amazes me how much information I can gather after a day
of sailing. People like to talk and you should take advantage of the
Allianz operates at a global level and shares this major platform --
Allianz operates in 70 countries, with more than 60 million customers.
Allianz provides the individual with expert advice, both through clear
and relevant information and through a network of highly qualified staff or
intermediaries. Due to their local knowledge, Allianz advisers understand,
in depth, the financial needs of customers in every market.
About Gary Jobson
Gary Jobson won the America's Cup in 1977 as the tactician aboard the
U.S. yacht Courageous, and has had a long and distinguished career in the
racing environment. During his time, Gary has competed and commentated on
many America's Cup competitions, a role he will continue to take in this
year's event. In addition to his broadcasting responsibilities, Gary is
also the Allianz Sailing Ambassador for the 32nd America's Cup helping to
promote the sport and the event across the globe. Gary is a contributing
writer for Sailing World and Cruising World magazines, an author, movie
producer, and considered to be the pre-eminent ambassador for sailing in
Allianz Group is one of the largest and most renowned financial
services providers in the world. Representing an international network of
strong brands with first-class products, we bring together the expertise of
specialists in the fields of property and casualty insurance, life and
health insurance, asset management and banking. Above all, we are committed
to excellence in our daily business -- in relationships with customers,
shareholders, employees and society.
Founded in 1890 in Berlin, Allianz is now present in more than 70
countries with over 177,000 employees. At the top of the international
group is the holding company, Allianz AG, with its head office in Munich.
Allianz Group provides its more than 60 million customers worldwide with a
comprehensive range of services in the areas of:
* Property and Casualty Insurance
Allianz offers a wide range of private insurance solutions that can
provide private customers with security and peace of mind. Allianz
offers property and casualty insurance for all businesses and industries
-- from small and mid-size companies to large corporations -- and from
agriculture through service provision to industrial output. In response
to today's ever-changing marketplace, Allianz's specialists worldwide
are working together to develop the best solutions in insurance and risk
* Life and Health Insurance
Allianz invests in private customer's future by providing flexible life
insurance policies, pension plans and long-term care products. For
health care, Allianz offers a variety of solutions -- from complete
private health coverage to complementary health insurance -- designed to
meet the specific needs of one's particular situation. Allianz also
offers attractive products for business customers -- from general
pension funds to solutions for company directors. Allianz offers
everything from assistance with complicated pension management issues to
health insurance products for the firm and its employees.
* Asset Management and Banking
As a global network of investment experts, Allianz Global Investors
offers a wide range of high performance mutual funds and investment
solutions developed by Allianz's network of world-class investment
specialists. The combination of Allianz and Dresdner Bank creates
considerable value added through a wider range of financial products for
customers in Germany, broader sales channels, and greater advisory
capacity and expertise. It also allows more convenient access to private
and company pension products. For multinational clients Dresdner
Kleinwort Wasserstein -- the investment bank of Dresdner Bank with
international reach -- offers a full range of capital markets and
For further information on Allianz, please visit http://www.allianz.com .
About Allianz Global Investors
Allianz Global Investors offers access to the institutional expertise
of the Allianz-owned investment firms, including PIMCO, NFJ Investment
Group, Oppenheimer Capital, RCM, Nicholas-Applegate and PEA Capital. With
more than $1 trillion under management, Allianz Global Investors is one of
the world's leading asset management companies. Our investment solutions --
including mutual funds, managed accounts and closed-end funds -- represent
a broad spectrum of asset classes and investment styles. For more
information please visit www.allianzglobalinvestors.com
About Fireman's Fund
Fireman's Fund is a premier property and casualty insurance company
providing personal, commercial and specialty insurance products nationwide.
Fireman's Fund is a member of the Allianz Group (NYSE: AZ), one of the
world's largest providers of insurance and other financial services. For
more information about Fireman's Fund, visit www.firemansfund.com
About Allianz Life Insurance Company of North America
Founded in 1896 and based in Minneapolis, Allianz Life Insurance
Company of North America is a leading provider of fixed and variable
annuities, life insurance policies, long term care insurance products, and
health excess of loss insurance products in the United States. Allianz Life
Insurance Company of North America is one of the primary companies of
Allianz AG. Allianz AG employs over 177,000 people worldwide.
For further information, please contact:
Team Allianz Sailing Press Office
Tel: +1 (212) 885-0322