back Back

Allianz boosts UK presence with launch of digital motor insurance

By Gloria Methri

March 18, 2024

  • Allianz
  • Asset Management
  • Digital Car Insurance
Share

Allianz, Fintech, InsurTech, Insurance, Embedded Insurance Solutions, Digital Insurance, Car Insurance, Motor Insurance, UKGlobal insurance giant Allianz is boosting its presence in the UK consumer market, bringing its services to consumer motorists in the country.

The move by Allianz, which has more than 125 million customers in nearly 70 countries, is the first in a series of strategic advances for the brand in the UK. It involves rebranding the company’s existing digital motor insurance business, Flow, which is now called Allianz.

Serge Raffard, Managing Director at Allianz Personal, said, “This is part of a wider strategic vision to bring more services to the UK, to show how our global strength and depth of experience can help secure people’s futures. Our ambition is to shape ideas into innovative solutions that help us care for our customers and always deliver the best service possible.”

Allianz car insurance is a digital insurance solution that consumer motorists can buy directly and on price comparison websites. Customers can personalise their cover at a time that suits them, with admin-free mid-term adjustments. Extras such as motor legal expenses and guaranteed hire car are included as standard.

Raffard added, “What is exciting for current and future customers is that we are leveraging the brand’s scale and global clout. We have an exciting summer ahead, and our role as Worldwide Insurance Partner of the Olympic and Paralympic Games will help further build Allianz as a trusted household name.”

In addition, LV= Broker will rebrand to Allianz in May 2024. The company already has a very strong presence in the UK commercial broker market. It serves over 2000 UK brokers with products and services ranging from SMEs to large corporates and specialities.

Previous Article

March 18, 2024

EazyPay to provide Tabby’s BNPL on POS terminals network

Read More
Next Article

March 18, 2024

CloudMojo Tech & IIT Bombay to drive AI-led digital transformation

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

Allianz

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

SC Ventures & NEXT176 partner to launch financial wealth platform

Read More

April 12, 2024

Genesis launches Credit Insurance Application

Read More

April 12, 2024

N26 launches Joint Accounts to help customers to manage shared finances

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023