Allianz Group is no longer underwriting new business or making investments in Russia and we’re making €10 million available to support humanitarian efforts for Ukraine, along with up to €2.5 million to match employee donations.
Through LV=, our home insurance customers will be able to offer accommodation to refugees without needing to update their policies.
We’re also supporting commercial motor* customers wishing to use their vehicles to provide humanitarian aid. Therefore, in line with the update from the Association of British Insurers (ABI), we’ll grant comprehensive coverage at no additional charge for any cross-border journeys taken for humanitarian reasons within the ‘Free Circulation without Green Card’ zone.
You can read more information from the Association of British Insurers about the industry’s response as a whole. For anything else, please speak to your broker.