Allianz partners with Microsoft to digitally transform the insurance industry

Allianz SE and Microsoft Corp have announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and their customers. Through the strategic partnership, Allianz will move core pieces of its global insurance platform, Allianz Business System (ABS), to Microsoft’s Azure cloud and will open-source parts of the solution’s core to improve and expand capabilities.

Allianz receives regulatory approval to commence operation of China’s first fully foreign-owned insurance holding company

Allianz has received the approval from the China Banking and Insurance Regulatory Commission (CBIRC) to commence operation of China’s first fully foreign-owned insurance holding company. With this, Allianz will strengthen its proposition in the country and position the business to capitalize on the fastest growing economy in the world. 

Allianz top insurance brand in Interbrand 2019 rankings

Allianz is the number one insurer in the Interbrand ranking of the 100 most valuable brands in the world. The Allianz brand came 43rd in this year’s “Best Global Brands Ranking”, moving up 6 places and increasing the brand value by 12 percent to $12.1 billion for 2019. Allianz started its rise with a brand value of $4.9 billion in 2010.

Allianz International Ecosystem on Sharing Economy: Care to Share?

The sharing economy is changing the socio-economic landscape as millennials pick purpose over possessions. What’s fueling this trend and how is insurance evolving with it? The Allianz International Ecosystem on Sharing Economy provides some answers...

Insurance 2029: Outlook & Opportunities

As digitalization changes the insurance landscape, risk prevention, and not risk management, will be key for the industry in the future. What other trends are foreseen for the coming decade? Allianz Research spots a few and provides a 10-year outlook for the industry.

Allianz Africa launches its core IT system transformation in Ghana

Allianz Africa launched the transformation of its core IT Platform with the introduction of the Allianz Business System (ABS). The system was adapted for the African market and is now operational in Ghana for motor insurance products. ABS was developed by the Allianz Group with customer centricity at its core. 

Allianz Capital Partners’ infrastructure expertise available to external clients for the first time

Allianz Global Investors (AllianzGI) announced the launch of the Allianz European Infrastructure Fund S.A. – RAIF (AEIF), which, for the first time, allows institutional investors to access the deep infrastructure investment experience of Allianz Capital Partners (ACP).

Fraudsters beware: AI's watching

Can artificial intelligence improve the process of identifying and preventing insurance fraud? Gemma Garriga, the Global Head of AI and Advanced Business Analytics at Allianz, believes it can...

Allianz global claims analysis: Fires and explosions cause largest losses for business

Cyber risks and the impact of new technologies will have an increasing influence on the corporate loss landscape in years to come. However, it is fire and explosion incidents that cause the largest claims for insurers and the businesses they cover, according to new research from Allianz Global Corporate & Specialty (AGCS).