Quick claims insights from Allianz

Last updated on March 31, 2022
In August 2020 an Allianz customer lodged a claim for vehicle damage due to contaminated fuel. The claim faced significant obstacles due largely to extensive and unavoidable parts delays caused by the COVID-19 pandemic.

The customer found the experience extremely difficult and it had an effect on both their mental health and financial position. Despite the setbacks, the customer had only praise for the service provided by the assessing team manager who handled their claim.

Up to this point the customer, whose business included a number of vehicles and premises, was insured with various insurers. As a result of their vehicle claim experience and the customer service in particular, they decided to consolidate the business’s policies with Allianz.

We strive to hear this kind of feedback every day – and we’re glad it’s not uncommon for our customers to feel this way. In the last 12 months, our customers have rated their Comprehensive Car Insurance claim experience as 4.3 out of 5 based on over 7,000 reviews1, with terms such as ‘easy’, ‘excellent’ and ‘prompt response’ commonly used. Read some of the responses given by our customers.

Our 2021 data reveals how much we have assisted with customer claims. In the last quarter of 2021 and across all dealerships, Allianz Automotive managed almost 70,000 claims and replaced nearly 500 vehicles.

These are substantial numbers, but many customers don’t fully understand the level of their cover or how complex the experience can be, until they find themselves having to make a claim.

Catherine Troyahn, Allianz National Manager, Claims Customer Relationship Management, says the claims experience of a customer is highly dependent on which insurance provider and product they select, adding that “a customer doesn’t really appreciate what they’re going to get from their insurance product until they need to use it.”

As an example of what’s available, our comprehensive car insurance includes three-year new for old cover after total loss (for Premier Motor Insurance policies) and a genuine replacement part guarantee – refer to the relevant PDSs for terms and conditions. We also offer an optional benefit that can remove the excess on windscreen damage, in the form of one claim for full replacement and two claims for repairs during any period of insurance.

The windscreen component is significant considering windscreen damage constituted the most common claim type for motor vehicles in 2021. The five most common claims types last year were:

  • windscreen
  • damage as a result of being hit in the rear
  • hitting an object (e.g. wall, fence or post)
  • damage sustained while reversing
  • damage while parked

In a sign that we have addressed the claims needs of our customers and continued to drive improvement, we finished 2021 by increasing our customer top down Net Promoter Score (NPS, which measures customer loyalty) by 28 per cent, an increase that takes us close to market leadership.

The benefits offered by certain insurance policies can be outlined to dealer customers at the point of discussing insurance cover. Additionally, business managers may share with their customers the positive feedback we have collated in the past year, as well as have a discussion with them about our excellent claims star rating. Both can be effective tools to help customers choose which insurance provider – and which insurance policy – is best suited to them.

Explaining our point of difference to dealer customers – and backing it up with real-world examples of customer claims experiences – can help make the insurance conversation more meaningful at the time of vehicle purchase.

  1. The star ratings provided by customers are in response to Allianz’s request for feedback. Note that we do not ask for feedback on windscreen or mechanical repair claims.

Premier Motor Insurance, Motor Insurance, Extended Warranty Insurance, Motorcycle Insurance and Compulsory Third Party (CTP) Insurance are provided by Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850, AFS Licence No. 234708.

This article has been prepared by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL234708 (“Allianz”). In some cases, information has been provided to us by third parties and while that information is believed to be accurate and reliable, its accuracy is not guaranteed in any way.

Any opinions expressed constitute our views at the time of issue and are subject to change. Neither Allianz, nor its employees or directors give any warranty of accuracy or accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in this article.
Allianz acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we live and work across Australia. We pay our respect to First Nations Elders past and present.

Any advice here does not take into account your individual objectives, financial situation or needs. Terms, conditions, limits, and exclusions apply. Before making a decision about this insurance, consider the relevant Product Disclosure Statement (PDS)/Policy Wording and Supplementary PDS (if applicable). Where applicable, the PDS/Policy Wording, Supplementary PDS and Target Market Determination (TMD) for this insurance are available on this website. We do not provide any form of advice if you call us to enquire about or purchase a product.

Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 is the insurer of any general insurance products offered, and Allianz Australia Life Insurance Limited ABN 27 076 033 782 AFS Licence No. 296559 is the insurer of any life insurance products offered. Each entity is responsible for any statements and representations made about its products, on this website.