Allianz Life and Its Employees Contribute $1.9 Million and 14,000 Volunteer Hours to the Community

MINNEAPOLIS, May 3 -- Allianz Life, a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals, issued the following news release:

Allianz Life Insurance Company of North America (Allianz Life(R)) announced in its 2017 Giving and Volunteerism Report that last year employees and vendor partners contributed 14,000 volunteer hours and the company gave more than $1.9 million in grants and donations to help make a difference in the lives of hundreds of local families and seniors.

"Our vision of helping people live their lives with confidence is the foundation of everything we do, including giving back to the community," said Allianz Life President and Chief Executive Officer Walter White. "I'm proud of the dedication of our employees continuously supporting the numerous organizations that positively impact our neighbors and the community."

Allianz Life's 2017 Giving and Volunteerism Report is now available and describes how the company and its employees support community programs. Highlights include:

* Educating 1,000 seniors and their families through the Safeguarding Our Seniors program about elder financial abuse prevention by identifying red flags and resources available to them.

* Giving $550,000 in corporate grants to 30 nonprofits that improve financial literacy and promote self-sufficient living for seniors across the Twin Cities.

* Raising more than $222,000 for the Alzheimer's Association MN-ND 24/7 Helpline through the Allianz Driving to Donate Charity Golf Tournament.

* Collecting more than 50,000 pounds of food and clothing, 4,400 toys, and more than $109,000 in cash donations - benefiting PRISM (People Responding In Social Ministry), Arc Greater Twin Cities, Toys for Tots Foundation and Second Harvest Heartland.

Allianz Life encourages employees to get involved in volunteer activities through hands-on work, fundraising events, and other activities. When groups of five or more volunteer together, Allianz Life backs their commitment with financial support. In 2016, 1,092 employees took advantage of this program and nearly $145,000 was donated to their chosen charities.