Allianz Holdings diversifies suppliers
Allianz Holdings is striving to place more business with diverse suppliers through a pilot with Kaleida International, an inclusive business-to-business (B2B) marketplace for tenders.
Suppliers listed on Kaleida are businesses which are at least 51% owned and operated by women, veterans, people from ethnic minorities, from LGBTQ+ communities, or people who are neurodivergent or have disabilities. These suppliers are often certified by a third-party entity but can also be self-certified.
The partnership with Kaleida will support procurement, supply and workplace services within the Allianz group, including LV=, as they look to diversify their pool of providers. Alongside traditional market research tools, it will help them identify, assess and invite diverse suppliers to their upcoming tenders. The types of contracts that may come in its scope include software and IT services, research and insight or asset valuation, to name a few examples.
The supplier diversity pilot runs until the end of the year, allowing Allianz to deep dive into its pipeline of opportunities and review the Kaleida platform in detail to maximise all the benefits that the partnership can bring. It builds on other Environmental, Social and Governance (ESG) initiatives, such as Allianz’s sustainable procurement charter, which prioritises suppliers with strong ESG commitments. The Kaleida partnership focuses on the social element of the ESG agenda.
Oleh Melnyk, head of procurement at Allianz Holdings, commented: “Not only is it the right thing to do but it will also give us a competitive edge. We know the richness of thought and action that come with diversity and we’re looking forward to working with our new suppliers.”
Jason Roberts (pictured), Founder and CEO of Kaleida International, added: “We are thrilled to welcome Allianz on board Kaleida as part of its ESG initiative. Our unique ability to connect diverse suppliers who join our fully inclusive platform to the published tenders of thought-leading corporations like Allianz will greatly improve the economic outcomes of firms owned by marginalised, diverse communities.”
Authored by Allianz
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group, a leading integrated financial services provider and the largest property and casualty insurer in the world.
The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do.
Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.
Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey. Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz. youTalk-insurance sharing Allianz Insurance news and video