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In: Business and Management

Submitted By sudeepaiman7
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ANZ BANK Product: Insurance
ANZ, is the 4th largest bank by market capitalisation In Australia,. The Australian operations make up the largest part of ANZ business. ANZ is the largest bank in New Zealand. They merged with New Zealand they merged with New Zealand National Bank in 2003 and were called ANZ Bank New Zealand in 2012. ANZ was established on First October 1951 when the bank of Australasia was merged with the Bank of Australia Limited and before both these banks merged there was the Unioun bank of Australia which was in existence since 1840. ANZ is headquartered in Melbourne and its headquarters for New Zealand is in Auckland. and in New Zealand alone they have about 9000 employees.

Some of their key Services are:
Cheque accounts
Insurance
Consumer finance
ANZ vision statement as quoted by Susie Babani the group Managing Director says that ANZ banks on their employees
Defining Insurance
It’s a contract in which a person receives financial protection against losses from a insurance company, The insurance company collects clients risks to make payments more affordable for the insured.

ANZ offers different types of Insurance some of the insurance they offer are
Personal Insurance : insurance of humans against the risks of death or health
Business Insurance : Managing the risk of your business or running operations ,Anz is there to cover future. Macro environment analysis PESTEL analysis

Political Factors: They have their own internal union comprising mostly agents and the company works for the benefit of the agents and don’t depend on politicians. Therefore influence from the political parties doesn’t make any...

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