Allianz is promising technology improvements after it relocates its Sydney headquarters in 2020 to Wynyard Place, a new 27-storey tower under construction in the CBD.

The insurer has signed a 10-year lease for the new office at 10 Carrington Street, which will provide premium facilities and amenities.

MD Richard Feledy says the new location will provide greater connectivity to Allianz technology teams, who at present work in three different Sydney locations.

They will be brought together in the company’s North Sydney premises next month.

“This will set a new standard in IT service delivery for Allianz,” Mr Feledy said.