Riskalyze has formed a new partnership with Allianz Life Insurance Company of North America (Allianz Life), a retirement solution provider that has helped Americans prepare for their financial future for more than 125 years.
As part of this relationship, Allianz Life will be featured in the Riskalyze Partner Store, and platform coverage of its innovative index variable annuity (IVA) and fixed index annuity (FIA) products will be enhanced with rich data updates on a regular basis. The Riskalyze Partner Store is a one-stop shop where advisors can tap into the key materials, research and strategies from some of the industry’s leading firms. In addition, Allianz Life has purchased licenses for its retirement and risk management consultants across the country to utilise Riskalyze when working with financial professionals.
“We’re thrilled to establish this new partnership with Riskalyze to help demonstrate how Allianz Life products can help people manage risks to their retirement security,” says Corey Walther, President, Allianz Life Financial Services, LLC. “With our annuity products available in the Riskalyze Partner Store, financial professionals will be better able to position and validate these products as an important risk-management component within a broader, more holistic financial plan.”
The expanded relationship between Riskalyze and Allianz Life will help aid financial professionals in evaluating Allianz Life’s annuity offerings that can help mitigate market risk and ascertain allocation recommendations. Finding that balance is increasing important, with 64 percent of Americans saying it is important to have some retirement savings in an investment that provides some protection from market risk, according to Allianz Life’s 2021 Q2 Quarterly Market Perceptions Study.
“Our partnership with Allianz Life is such an important part of empowering people to build their retirement security, and we’re excited to expand our work with them today,” says Aaron Klein, Founder and CEO at Riskalyze. “From the ability to access modern risk analytics and portfolio analysis, to every user of our platform getting enhanced coverage of these innovative Allianz Life products, this partnership is a win-win for both firms.”
The partnership between the two companies began in 2014 when Riskalyze users first gained the ability to model Allianz Life solutions such as registered index-linked annuities (RILAs), also known as IVAs, to help provide client portfolios with enhanced levels of protection against downturns in the market. The new expansion of the partnership will further enhance the financial professional experience.
