From 19 October Allianz’s Accident and Health (A&H) product will be available digitally, as will the new Complete Mini Fleet product which includes an excess reduction and green parts update to mirror Allianz’s proposition for larger motor fleets.
Allianz’s A&H product consists of two key elements: group personal accident and business travel. These can be purchased individually, together or alongside another insurance product.
The group personal accident cover provides lump sum or weekly financial benefits that can be used to support employees’ wages, hire temporary or permanent staff to replace an injured employee or offset other unexpected costs. This minimises disruption and supports business resilience. Furthermore, cover includes elements such as rehabilitation and trauma counselling to support employees with their physical and mental health while recovering from an accident.
Cover includes:
Business travel protects employees when they need to work away from home. The cover extends to employees, contractors, guests, and their family whilst on a trip. Comprehensive pre-travel advice is also provided. Through the Allianz Travel Oracle website and app employees can receive country information and real-time travel alerts as well having access to a 24/7 emergency contact for immediate medical and security advice.
Cover includes:
The newly launched Complete Mini Fleet product for up to fifteen vehicles (twenty at renewal) now mirrors Allianz’s larger Motor Fleet offering - providing comprehensive cover but with the convenience and control of digital trading.
Changes include:
Helen Bryant, director digital trading, Allianz Commercial commented:
“Ease of trading is crucial in this busy world, and I am delighted to confirm these changes to the market. We’ve been investing heavily in our etrading capabilities, listening to feedback, and empowering our underwriters, all of which are resulting in tangible benefits for our brokers. By offering these products through our digital trading platforms we are aiming to make the process as quick and smooth as possible to make sure that Allianz is easy to do business with.”
About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with more than 122 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 717 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 159,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group***.
*Including non-consolidated entities with Allianz customers.
**As of March 31, 2023
***As reported – not adjusted to reflect the application of IFRS 9 and IFRS 17.
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
No duty to update
The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
Email: amy.yorston@allianz.co.uk
Mobile: 07794 266 474
