Allianz and the Youth Sport Trust to launch 'MoveNow' festivals
Following the success of the Dare To Believe Festivals in 2016 and 2018 Allianz in the UK is working with the Youth Sport Trust to launch the MoveNow Festivals for 2024.
Allianz Group announces revenue of £6.5bn in the UK
Full year results for Allianz Group released today reveal that the organisation continued its strong growth in the UK in 2023, achieving a total revenue of £6,563.2m.
Reporting on its 2023 fraud results, Allianz Commercial detected £77.4m worth of claims fraud - up from £70.7m in 2022. The cost-of-living crisis is having an impact on businesses with the financial struggle leading to an increased insurance fraud threat.
Allianz awarded for exceptional customer service eight years in a row
Insurance consultancy Gracechurch has awarded Allianz Commercial its Service Quality Marque (SQM) for the eighth year in a row and is the only insurer to receive this accolade.
As part of the insurer’s ambition to extend its UK presence, the personal lines business will rebrand its existing digital motor insurance product from Flow to Allianz in March, signalling a major branding step for the business.
Allianz develops machine-learning tool to support growing fraud claims
With the exponential rise in sophisticated technologies, Allianz aims to stay one step ahead in combatting fraudulent insurance claims with AI technology.
For the fifth year in a row Interbrand have ranked Allianz as the world’s number one insurer in their Best Global Brands Ranking. Allianz has moved up three places from 2022 to #31– among the fastest growing global brands.
Allianz Commercial expands UK digital product offering
As part of its continued investment in digital trading Allianz Commercial confirms the launch of Accident and Health (A&H) on QuoteSME and the addition of new product features for Complete Mini Fleet.
Mid-year results show leap in UK casualty fraud & application fraud cases
The claims teams at Allianz have successfully prevented £38.4m worth of Commercial insurance fraud since the start of 2023 with over half of that being related to casualty fraud, particularly fraudulent major loss claims.