Allianz wins big at 2014 Insurance Awards

Sydney, 17 October 2014

Allianz Australia has been recognised in two major categories at the 2014 Insurance Awards, winning the awards for General Insurance Company of the Year and Innovation of the Year at a gala event held in Sydney on 16 October 2014. The awards, hosted by Australian Financial Publications, recognise the insurance industry’s commitment to delivering the highest standards of excellence, professionalism and performance.

Commenting on Allianz’s success, Managing Director, Niran Peiris said “we are delighted to have won these prestigious awards and to be recognised for our market-leading insurance products and our commitment to providing our customers and business partners with best-practice service.”

The Awards are judged on a comprehensive range of criteria. For General Insurance Company of the Year, Allianz was recognised for its:

For the Innovation of the Year, Allianz was recognised for the development of a responsive mobile device ‘quote and buy’ solution for motor insurance. Allianz’s mobile solution allows customers to purchase at their convenience. To make it easier to buy insurance on mobile devices, Allianz was able to reduce the number of underwriting questions so that customers can receive a quote in less than 3.5 minutes and, if it is accepted, continue to purchase a policy in around 10 minutes.

Allianz is the first insurer in the market to introduce an instant registration check. Made available by a third-party data provider, customers can input their registration details and the car’s technical specifications are automatically downloaded. The solution has achieved outstanding results including more than 2500% uplift in overall traffic to the mobile site for car insurance and over $2 million in new business premium.

“Allianz continually seeks to provide our customers and business partners with innovative products and services and to deliver them in ways that suit changing technologies and customer preferences. It takes a team effort to achieve this and I am pleased the hard work and dedication of our employees have been recognised through these highly respected awards,” Mr Peiris said.

Allianz Australia

Allianz Australia General Insurance Company of the Year 2009, 2011, 2012, 2013, 2014*
Best General Insurance Company of the Year 2006, 2007, 2010, 2012, 2014**

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 2 million policyholders. Over 50% of Australia’s top 200 BRW-listed companies have some form of insurance cover with the group and the group provides workers compensation services to around one-fifth of Australian employees.

*Australia Insurance Industry Awards
**Australian Banking and Finance Insurance Awards