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.