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ChildFund International Welcomes Allianz Global Assistance as Presenting Sponsor of DreamBike Initiative

RICHMOND, VA--(Marketwired - September 08, 2015) - ChildFund International announced today that Henrico-based Allianz Global Assistance USA has signed on as the presenting sponsor of its DreamBike initiative. The company's donation will provide 450 girls in developing countries with bicycles to travel long distances to school. ChildFund is promoting its DreamBike campaign and recognizing Allianz as presenting sponsor during the 2015 UCI Road World Championships, where ChildFund is the "Official Charity of Choice."

Allianz Global Assistance's support for ChildFund will help raise awareness of the difficulties girls in many countries face when trying to safely travel to school.

"We're extremely proud to have the opportunity to partner with ChildFund during the excitement of Richmond 2015," said Mike Nelson, chief executive officer at Allianz Global Assistance USA. "Supporting ChildFund's DreamBike initiative is perfectly matched to our mission of helping people wherever they may need it. We look forward to helping deliver thousands of bikes to girls who can then spend more time in the classroom and less time on the road."

ChildFund launched the DreamBike initiative in 2014 to assist girls who live great distances from the nearest school and who must travel hours by foot, often over dangerous territory. According to estimates by ChildFund, for each year a girl in a developing country remains in school her future earning power increases by as much as 20 percent. Countries benefitting from the DreamBike initiative include Ethiopia, India, Laos, Indonesia and eight others throughout Asia and Africa. Overall, the program aims to connect 3,400 girls with bikes.

"Too many girls struggle to get to school each day across the world. The DreamBike program helps girls access an education and a future," said Anne Lynam Goddard, president of ChildFund International. "We're grateful for corporate partners like Allianz Global Assistance who are helping create brighter futures for thousands of young girls."

ChildFund is currently organizing a 10-Bike Challenge to coincide with the races. Teams are being asked to participate in the challenge by raising $1,000, enough to pay for 10 bikes. Some of Allianz's 700 local employees have stepped up to participate and will also volunteer with ChildFund at Richmond 2015 events.

For more information about the DreamBike initiative or the 10-Bike Challenge, please visit www.dreambike.org.

About ChildFund International

ChildFund International is a global child development and protection agency serving more than 18.2 million children and family members in 30 countries. For more than 76 years, we have helped the world's deprived, excluded and vulnerable children survive and thrive to reach their full potential and become leaders of enduring change. As a member of ChildFund Alliance, we create supportive environments in which children can flourish. For more information about ChildFund, visit www.ChildFund.org.

Allianz Global Assistance USA

Allianz Global Assistance USA (AGA Service Company) is a leading consumer specialty insurance and assistance company. We insure 18 million customers annually and are best known for our Allianz Travel Insurance plans. In addition to travel insurance, Allianz Global Assistance USA offers tuition insurance, event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. The company also serves as an outsource provider for in-bound call center services and claims administration for health insurers, property and casualty insurers, and credit card companies.

For more information, visit AllianzTravelInsurance.com or LIKE us on Facebook at www.facebook.com/allianztravelinsuranceus

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