Company Information

Background

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, one of the leading integrated financial services providers worldwide and the largest property and casualty insurer in the world.

The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do.

Allianz offers commercial insurance with a full range of products for sole traders’ right up to large commercial organisations. Allianz also provides a wide range of personal lines products distributed through brokers, retailers, affinity partners, veterinary practices and direct marketing.

Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey. We have additional support services with over 900 people based in Trivandrum, India.

Financial Results

2012 Annual Report

Operating Profit in 2012 remained at a very satisfactory level against the backdrop of difficult economic conditions and an extremely competitive insurance market.

Operating Profit(1) in 2012 was £161.5m, a fall of 4% from 2011 despite an increase in prior year reserve releases, reflecting the difficult 2012 trading conditions. Nevertheless, this was slightly ahead of Plan. Allianz Retail produced another substantial increase in profit delivery and this mitigated the fall in profit from Allianz Commercial and the absence of any profit from the legacy run-off accounts which had contributed £14m of underwriting profit in 2011. Profit after tax was £124.4m, against £191.0m in 2011. 2011 had benefitted from the acquisition of significant tax losses relating to prior years, but this phenomenon is not expected to recur in future. Gross written premium grew by 2.6%, a pleasing result in the context of the economic situation and our determination to maintain underwriting standards.

Download the Allianz Holdings plc Annual Report 2012

Allianz logo

Allianz Mission and Values

To be the outstanding competitor in our chosen markets by delivering:

  • products and services that our clients recommend;
  • a great company to work for;
  • the best combination of profit and growth."

We will achieve our mission:

  • through outstanding technical, sales and leadership skills;
  • by being professional, socially responsible, dynamic, innovative and focused;
  • with pace, teamwork, passion and style."

Allianz Insurance Management Board

The Board of Management for Allianz Insurance is composed of seven members.

Please click on the names below for more details.

Business Insurance

Allianz Commercial

Allianz Commercial has local offices across the UK providing property, casualty and motor insurance and risk management services for businesses.

Visit Allianz Commercial website

Allianz Engineering

Allianz Engineering offers specialist products and services to businesses with plant and machinery.

Visit Allianz Engineering website

Personal Insurance

Allianz Retail

Allianz Retail products are designed to meet the needs of customers looking to insure their car, home or wedding. Products are available only through appointed intermediaries.

Visit Allianz Retail website

Allianz Your Cover

Allianz Your Cover Launched in 2010, Allianz Your Cover is a new breed of car and home insurance products, offering cover that customers select to precisely match their own lifestyle and circumstances. Using the ‘Quote and Buy' website, customers design, obtain a quote and manage their insurance online.

Visit Allianz Your Cover website

Allianz Legal Protection

Allianz Legal Protection specialises in providing legal expenses insurance and services to customers through appointed brokers and intermediaries.

Visit Allianz Legal Protection website

Allianz Musical Insurance

Allianz Musical Insurance is Allianz’s specialist musical instruments insurer.

Visit Allianz Musical Insurance website

Petplan

Petplan offers insurance protection for pets against the cost of veterinary treatment. Customers can insure their dog, cat, rabbit or horse. Cover can include third party liability, loss and reward and much more.

Visit Petplan website

Petplan Equine

Petplan Equine is the UK's leading horse insurance provider offering a wide variety of flexible horse insurance.

Visit Petplan Equine website