Allianz dual finalist in 2015 Australian Insurance Industry Awards

Sydney, 8 July 2015

Allianz is pleased to be announced as a finalist in both the Large General Insurance Company of the Year and Innovation of the Year categories at this year’s Australian Insurance Industry

The awards are hosted by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and Asia Insurance Review.

Commenting on Allianz’s nominations, Managing Director, Niran Peiris, said “Allianz is proud to have again been nominated for the Large General Insurance Company of the Year at this year’s Insurance Industry Awards, an accolade we have won for the last four consecutive years.”

“This nomination recognises our contribution to the industry and our commitment to delivering market leading products and services for our customers, while continuing to grow profitably year on year, despite challenging market conditions,” he said.

“Allianz has continued its record of strong, sustainable growth while achieving high customer satisfaction ratings thanks to the hard work and dedication of our 4000 employees. Allianz is also pleased to be nominated for the Innovation of the Year Award. This nomination recognises the work undertaken by Allianz’s Workers Compensation team in collaboration with the NSW Treasury Managed Fund to develop innovative approaches that have improved return to work outcomes,” Mr Peiris said.

In 2014, Allianz was the first Workers Compensation insurer in Australia to apply Behavioural Insight techniques within the NSW Treasury Managed Fund Workers Compensation Scheme.

“The application of new behavioural techniques to stakeholder communications achieved outstanding results. Workers compensation claims were nearly three times more likely to be resolved within 30 days and there was a 27% increase in the number of injured workers that returned to work within the first 90 days. These results delivered strong benefits for individuals, their families and employer” he said.

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

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 2.5 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 & New Zealand Insurance Industry Awards
**Australian Banking and Finance Insurance Awards