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Allianz Life Forms Individual Insurance Unit

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NU Online News Service, July 18, 11:43 a.m. – Allianz Life Insurance Company of North America, Minneapolis, says it will be combining its individual insurance sales, marketing and administrative operations in a new Allianz Life Individual Insurance Group.

The unit will be responsible for selling life insurance, annuities, long-term care insurance and related products.

Allianz Life is making the move to improve service to marketing companies and independent agents, the company says.

The company is a unit of Allianz A.G., Munich.