Euler Hermes is a winner of Global Brands Magazine Awards 2013

Euler Hermes, a subsidiary of Allianz SE, was the recipient of the Best Trade Credit Insurance Brand in Middle East for the year 2013. The award is a testimonial of the firm’s efforts in providing Trade Credit Insurance, Bonding, Installment Credit Insurance, Debt Collection and Bonding Services in the region.

The judging criteria behind the Global Brands Awards are competitive. The financials, growth, service, customer experience and branding activities is assessed and analyzed by a robust research team in partnership with an external judging panel from around the region.

The annual Global Brands Magazine awards celebrate the best in class brands, and Euler Hermes received plaudits for its performance and branding activities last year. The award aims to identify, create awareness about the significance of exceptional service delivery & reward their performance with the ultimate global Recognition.

With over 100 years of client support and responsiveness to changing business environments, Euler Hermes has made huge inroads in the Middle Eastern Market. Jim Cooper, Editor at Global Brands Magazine, added, “With the changing economic business environment Euler Hermes has not only provided trade related insurance solutions but has managed to study the Middle Eastern market quite effectively and has provided customers with in-depth analysis and reports to help succeed in their business”.

Commenting on the award, Massimo Falcioni, CEO, Euler Hermes GCC said, “We are delighted to receive this award that inspires us to continue in 2014 to learn from our customers and invest in our people’s professional development.”

About Euler Hermes

Euler Hermes established operations in Dubai in 2006 sponsored in the UAE by Alliance Insurance PSC, and by Allianz Saudi Fransi Bank in Saudi Arabia in 2008. Euler Hermes GCC is part of the Euler Hermes Mediterranean Countries, Middle East and Africa (MMEA) region, currently employing 600 people and covering 12 countries.

Euler Hermes is the worldwide leader in credit insurance and one of the leaders in the areas of bonding, guarantees and collections. With 6,000+ employees in over 50 countries, Euler Hermes offers a complete range of services for the management of B-to-B trade receivables and posted a consolidated turnover of €2.4 billion in 2012.

About Global Brands Magazine

Global Brands Magazine is a leading online magazine providing opinions and news related to various brands across the world. It is head quartered in United Kingdom. Content includes news, opinions, discussions, highlights and features sourced by expert analysts on a variety of brands across the world.

Media Contact: Edwin Martin, Global Brands Publications Limited, 208-133-3927, info@gbrandsmag.com