Navigating AI with integrity - Allianz’s Chief Privacy Officer Philipp Räther on the new EU AI Act

After long deliberation, the European Union agreed on an Act on Artificial Intelligence (AI) in December 2023. Its purpose is to make use of Artificial Intelligence (AI) while maintaining ethical standards. The Act introduces a risk-based regulatory framework that affects industries like insurance more so than others because AI plays an important role in risk assessment and pricing.

Allianz Partners announces the launch of the allyz mobile app, your one-stop-shop companion

The launch cements Allianz Partners’ position as a world-leader in the provision of digital insurance, assistance, and travel-related services • All users will receive 6 months of free access to cyber care services to protect their digital life

Re-writing the underwriting story: How to navigate the complexities of modern risks

Traditional underwriting of physical risks does not meet the reality of evolving extreme climate impacts or intangible cyber threats. Christopher Townsend, Board Member Allianz SE, highlights in this article for the World Economic Forum Agenda that insurers must evolve by innovating new ways of transferring risk and supplementing traditional indemnity insurance solutions. We owe it to society and our stakeholders to expand the insurer’s value proposition to include supporting customers’ adaption, mitigation, and resilience measures.

Future-ready: Trust, prevention, and digitalization key to meeting customers’ evolving needs

Embracing the future with trust, prevention, and digitalization. Customers want an ongoing relationship based on trust and personal advice. At Allianz, we're leading the way with innovative programs like Secure Home for the elderly and tools like the Pension Compass that help secure your future.

Directors and Officers (D&O) insurance insights

Ongoing inflation, refinancing and insolvency pressures, geopolitical issues, and electoral uncertainty are just some of the headwinds D&Os need to be prepared for in 2024, according to Allianz Commercial financial lines and D&O experts.

2023 Atlantic hurricane season: the year in review

The 2023 North Atlantic hurricane season was initially expected to be subdued, due to the potentially dampening effects of El Niño. But as the season unfolded, it proved to be an active period of tropical cyclone formation and exceeded averages for storm numbers and intensities. Here, the Allianz Commercial natural catastrophe risk analysis team looks back on the season’s notable events and some of the estimated insurance industry losses incurred.

Allianz Direct partners with ING

Allianz Direct, the Allianz Group's pan-European online insurer, is entering into a partnership with ING in the Netherlands. This partnership offers companies and entrepreneurs, from sole traders to small- and medium enterprises, access to a wide range of Allianz Direct business insurance products.

How AI could change insurance

Will AI be an evolution or a revolution in the insurance space? In this article, part of the Global Risk Dialogue 02/2023 from Allianz Commercial, we discuss its likely impacts on the industry and hear from Allianz risk and technology experts about the company’s own plans to explore its potential responsibly and creatively.

Doorway to a new era in automotive insurance

As the world in which we live becomes increasingly digital, every day, more and more data is being generated, monitored and analyzed. It’s also being transferred and monetized, and in some cases, monopolized. The power and insights that can be drawn from data is not lost on corporations and industry players, and while data can improve the competitive position of those with access, the hoarding of it can stifle competition and progress.