Allianz Insurance Laos rebrands as Assurances General Laos (AGL)

Allianz Insurance Laos has announced its rebranding as Assurances General Laos (AGL) under new ownership, aiming to ensure business continuity while fostering trust and strengthening relationships with customers.

Mr Phaithoun Thienglamai and Mr Guy Apovy (centre).

The CEO of Assurances General Laos Co., Ltd., Mr Guy Apovy, announced the move at a press conference on Wednesday.
Mr Phaithoun Thienglamai, Director General of State-Owned Enterprises and Insurance Supervision (SOEI), also formally announced the rebranding.
The company’s strategic plan and key priorities for 2025 were outlined to emphasise the company’s unwavering commitment to ensuring business continuity while fostering trust and strengthening relationships with customers, business partners, insurance agents, employees, and all stakeholders.
Allianz Insurance Laos is proud to announce its rebranding and name change to Assurances General Laos Co., Ltd., now officially abbreviated as AGL.
This rebranding marks a new era for the company, which will now operate under full ownership by the Ministry of Finance of the Lao People’s Democratic Republic.
Effective immediately, the company’s new name, Assurances General Laos (AGL), reflects its continued commitment to providing high-quality, comprehensive insurance services to individuals, businesses, and communities across Laos.
Mr Apovy said the new AGL will continue to deliver exceptional service, ensuring that its clients benefit from the same trusted expertise and reliability while embracing new opportunities for growth and local expansion under Lao government ownership.
Speaking at the ceremony, Mr Phaithoun said the rebranding to AGL reflects the company’s ongoing dedication to adapting to the needs of the Lao market, enhancing service quality, and remaining a vital part of the nation’s progress and development.

Mr Guy Apovy and other AGL executives and press conference participants pose for a photo.

With this new structure, AGL aims to expand its offerings and align even more closely with the strategic priorities of Laos, contributing directly to the development of the nation’s insurance and financial sectors.
All policies, products, and customer service operations will continue seamlessly under the AGL brand, ensuring uninterrupted services for all current and future clients. The experienced team remains fully dedicated to maintaining high standards of professionalism and integrity in every aspect of the business.
Allianz Insurance Lao (AIL) or AGL, the leading insurance company in Laos, was established in 1990.
AIL is a joint venture between the Lao Ministry of Finance and the world leading insurance and financial services provider. With over 25 years’ experience in Laos, AIL enjoys a very good reputation among local and international customers.

By Advertorial Desk
 (Latest Update December 13, 2024)