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During the early hours of February 5th, Palestine Action once again targeted Allianz, this time with a direct action protest at the company’s Milton Keynes office. Activists had smashed windows and covered the building in red paint. Today’s action has been taken as part of an escalating campaign to force Allianz to drop its financial ties and end its insurance policies for Elbit Systems – Israel’s largest weapons firm and a key player in the ongoing genocide of the Palestinian people.
The protest follows last week’s disruption of Allianz’s operations, which saw 15 offices across Europe targeted [1], daubed in blood-red paint, their windows smashed, with 10 branches in Britain likewise struck in October [2]. These actions, including today’s, are sending a clear message: Allianz must end its complicity in genocide by dropping Elbit Systems. Allianz continues to fuel the massacre of Palestinians by underwriting and insuring Elbit, a company that manufactures drones, bombs, and other weapons used by the Israeli military in its genocidal campaign against Palestinians [3].
“We won’t stop until Allianz drop Elbit Systems” said a spokesperson for Palestine Action. “Allianz is complicit in the systematic genocide of Palestinians. If they keep underwriting Elbit Systems, we will continue our resistance. There will be no safe haven for war criminals.”
Palestine Action’s direct actions are targeting multinational corporations like Allianz that not only profit from the genocide of the Palestinian people, but facilitate it. Without insurance, Elbit could not operate in the UK. Alianz, a global insurance giant, which as been underwriting Elbit Systems for years, is complicit in Israel’s war crimes.
Allianz has previously been described as Elbit’s “principle institutional shareholder“, at-one-point owning over 2% of the company [4]. The finance company continues to hold thousands of shares in Elbit Systems Ltd. [5], while its subsidiary ‘Allianz Insurance Products Trust’ provides insurance services for Elbit Systems UK, including employment insurance.
ENDS
NOTES TO EDITORS
Palestine Action is a direct action group committed to dismantling the apartheid regime in Israel through targeted campaigns against companies that profit from the occupation and genocide of the Palestinian people. Using disruptive tactics, Palestine Action challenges the corporate enablers of the Israeli state’s military-industrial complex and seeks to make it impossible for these companies to profit from the oppression of Palestinians. [palestineaction.org]
For further information or to arrange interviews, please contact: media@palestineaction.org
[1] https://www.thecanary.co/uk/news/2025/01/29/palestine-action-allianz-israel/
[2] https://freedomnews.org.uk/2024/10/08/activists-target-ten-allianz-offices-over-elbit-links/
[3] https://www.whoprofits.org/companies/company/3794
[4] wri-irg.org/en/story/2012/campaign-month-no-allianz-israeli-apartheid
[5] fintel.io/so/us/eslt