About Allianz Insurance | Allianz Australia (2024)

FAQs

Who owns Allianz insurance in Australia? ›

Allianz Australia

Allianz Australia Insurance Limited / Parent organization

Allianz Care is a medical assistance and insurance company that started in 1983 and was initially called Worldcare. In 2001, they joined the Allianz Group, under the name Mondial Assistance.

Allianz (/ˈæliənts/ AL-ee-ənts, German: [aˈli̯ants]) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses is insurance and asset management. Allianz is the world's largest insurance company and the largest financial services company in Europe.

We are ranked by Interbrand as the world's #1 insurance brand and the leading global insurance and asset management brand by Brand Finance Global 500. As one of the largest general insurers in the UK, we operate under a number of brands, including Allianz, Pet Plan, LV= and Britania Rescue.

Allianz Australia Insurance Limited (AAIL) is a leading insurance and financial services company, committed to empowering customers to live confidently. We serve over 3 million customers across the country, with a strong focus on providing insurance products and support.

Just like the world around us, Allianz Australia adapts and grows- so too, do our people. We embrace diversity in all its forms to build a workplace where everyone feels like they belong, while promoting a culture of lifelong learning, development and global mobility.

Allianz Insurance has an 'Excellent' Trustpilot rating of 4.5 out of five, based on more than 17,100 reviews.

Addressing the health and wellbeing protection needs of our clients worldwide, we offer international health, life and disability insurance, as well as a wide range of health and protection services to private individuals, families, organizations and partners.

We are an indirect, wholly owned subsidiary of Allianz SE, a global financial services group based in Munich, Germany.

What is Allianz weakness? ›

Allianz Weaknesses

Heavily dependent on automobile market. Stiff competition with other major players.

About Allianz

Allianz is one of the world's largest investors, managing around 746 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.8 trillion euros** of third-party assets.

Allianz Partners is your global partner for protection and care. In fact helping people is at the core of what we do. We are experts when it comes to international health, assistance, automotive and travel insurance. Our solutions are a unique combination of insurance, service and technology.

As a leading provider of annuities and life insurance, we have the experience to help you prepare for retirement and life's uncertainties. We're also known for innovative financial products that help address today's risks to retirement security, such as longevity, inflation, and market volatility.

It is built on our core values of excellence, passion, integrity and respect – values for which we have held ourselves accountable over many years. We are committed to delivering excellence for our clients, their advisors, our employees, our parent company and within our industry.

We are an indirect, wholly owned subsidiary of Allianz SE, a global financial services group based in Munich, Germany.

Largest shareholders include VGTSX - Vanguard Total International Stock Index Fund Investor Shares, VTMGX - Vanguard Developed Markets Index Fund Admiral Shares, IEFA - iShares Core MSCI EAFE ETF, OAKIX - Oakmark International Fund Investor Class, HLMIX - Harding Loevner International Equity Portfolio Institutional, ...

Who are the top 5 life insurance companies? The top 5 life insurance companies in Australia are TAL, AIA, Zurich, MLC Limited and Resolution Group. Each of these companies has a range of policies that allow you to set up your life insurance coverage to suit your needs.

Allianz completes transaction to purchase Westpac's general insurance business. Allianz Australia announced today the completion of the transaction to acquire Westpac's general insurance business, and commenced a 20-year exclusive agreement to distribute general insurance products to Westpac customers.