Wavemaker wins media mandate for $20 million Allianz account
Wavemaker won the $20 million-rated media mandate for insurance group Allianz. The global pitch saw the company aligning its media operations within GroupM. GroupM has been appointed as the global media partner. Australia’s Spark Foundry by Publicis Groupe, did not take part in the global pitch. PHD made it to the last round of pitching. Wavemaker has had a fantastic year, highlighted by this most recent victory. At the end of November, the agency was named B&T’s Media Agency of the Year, in addition to winning several new accounts.
GroupM reappointed as a global media partner
WPP’s media investment group, GroupM, has been reappointed globally as the media partner. Various GroupM agencies are handling the account both globally and market-by-market. Mindshare is poised to take the lead in two-thirds of markets and throughout the world. Allianz will still receive services from EssenceMediacom in the nine foreign markets where it was the incumbent. The company will receive support from mSix&Partners in Germany, the home base of Allianz. The company also uses Omnicom, Publicis agencies, and Jellyfish as non-GroupM players.
Responsibilities as per the media mandate
The mandate includes full-funnel media strategy, planning, purchasing, and campaign execution. Allianz chose GroupM and its agencies because they could provide deep market-level expertise to support local teams in navigating the complexity of the market while also coordinating efficient and consistent media performance globally.
Here’s what they said
Allianz SE’s head of global brand management and marketing, Christian Deuringe said,
With the new partnership, we are able to deploy our One-Brand strategy perfectly and connect with our customers in an even more relevant way across the entire customer journey. The new set-up combines the strengths of globally managed strategies with tailored roll-outs in local markets. We also expect significant synergies through more standardized processes and performance measurement.
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