Skip to main content

Founders

Who Founded Allianz?

Carl von Thieme, Wilhelm von Finck · Founded 1890 · HQ today: Munich, Germany

Who founded Allianz?

Allianz was founded by Carl von Thieme, Wilhelm von Finck in 1890 in Berlin, Germany. It is now led by Oliver Bäte.

Founders
Carl von Thieme, Wilhelm von Finck
Founded
1890
Headquarters
Munich, Germany
Number of founders
2
Current CEO
Oliver Bäte (since 2015)
Where was Allianz founded?
Allianz was founded in Berlin, Germany in 1890. wikidata.org
When was Allianz founded?
Allianz was founded in 1890.
Who started Allianz?
Allianz was founded by Carl von Thieme and Wilhelm von Finck.
How old is Allianz?
Allianz is 136 years old as of 2026.

Founding Story

Allianz was founded in Berlin in 1890 by Carl von Thieme and Wilhelm von Finck. Following the unification of Germany, the founders recognized the desperate need for a consolidated, financially robust insurance entity to underwrite the massive industrial and maritime expansion of the German Empire. Initially focusing entirely on transport and marine insurance, the company rapidly expanded into fire and life insurance, eventually becoming the dominant insurer in Germany before moving its headquarters to Munich following the division of Berlin after WWII.

Carl von Thieme

Co-founder 1890

Background

Director of the Munich Reinsurance Company (Munich Re).

Role at Allianz SE

Carl von Thieme (1844-1924) co-founded Allianz in 1890. Already the successful head of Munich Re, he recognized that Germany lacked a direct primary insurer capable of competing with British firms. He served as the company's General Director for its first 14 years, expanding its operations internationally, including opening a London office in 1893 to underwrite global maritime trade. Carl von Thieme was born in 1844.

Wilhelm von Finck

Co-founder 1890

Background

Prominent German banker and co-owner of the private bank Merck Finck & Co.

Role at Allianz SE

Wilhelm von Finck (1848-1924) was the financial architect and co-founder of Allianz. Through his powerful banking connections at Merck Finck & Co., he secured the massive initial capital required to launch the insurer. He served as the Chairman of the Supervisory Board, ensuring the company maintained the strict financial reserves necessary to survive catastrophic payouts, such as those following the 1906 San Francisco earthquake. Wilhelm von Finck was born in 1848.

Allianz SE: CEO & Leadership History

Full timeline →

Oliver Bäte

Chief Executive Officer

2015 – Present

Bäte became CEO in May 2015 and has led Allianz through its current insurance and asset-management strategy and the response to the Structured Alpha matter.

Michael Diekmann

Chief Executive Officer

2003 – 2015

As CEO, he orchestrated the complex legal transformation of Allianz into a 'Societas Europaea' (SE), the first major company in the EURO STOXX 50 index to adopt the unified European corporate structure.

Henning Schulte-Noelle

Chief Executive Officer

1991 – 2003

As CEO through the 1990s, he rapidly pushed the company into asset management via the acquisitions of PIMCO and Nicholas Applegate, establishing Allianz's massive, highly profitable non-insurance division.

Wolfgang Schieren

Chairman of the Board of Management

1971 – 1991

Allianz bought Cornhill Insurance in Britain, RAS in Italy and Fireman's Fund in the United States under him. Henning Schulte-Noelle succeeded him in 1991.

Keep researching Allianz

Who Founded Allianz? FAQ

Who founded Allianz?

Carl von Thieme and Wilhelm von Finck founded Allianz.

What was Carl von Thieme's background?

Carl von Thieme was an insurance entrepreneur also associated with the creation of Munich Re.

What was Wilhelm von Finck's background?

Wilhelm von Finck was a banker and co-founder of the Munich private bank Merck Finck & Co.

Related Founder Profiles

Compare founding stories, origins, and entrepreneurial journeys

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.