Allianz Insurance Laos Rebrands as Assurances General Laos (AGL) under New Ownership
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Vientiane, December, 11th 2024 – 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 Finances of the Lao People’s Democratic Republic (Lao PDR).
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 Lao PDR. 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.
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. With this new structure, AGL aims to expand its offerings and align even more closely with the strategic priorities of Lao PDR, 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. Our experienced team remains fully dedicated to maintaining high standards of professionalism and integrity in every aspect of our business.
On December 11, 2024, Assurances General Laos Co., Ltd. (AGL) hosted a significant press conference at DoubleTree by Hilton in Vientiane Capital. The press conference will feature an address by Mr. Phaithoun Thienglamai, Director General of the State-Owned Enterprises and Insurance Supervision (SOEI), who will formally announce the rebranding. Following this, Mr. Guy APOVY, CEO of Assurances General Laos Co., Ltd., will present the company’s strategic plan and key priorities for 2025 and emphasize 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.