Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group, a leading integrated financial services provider and the largest property and casualty insurer in the world. The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do.
Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations. Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey. Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz. youTalk-insurance sharing Allianz Insurance news and video
Allianz celebrates record year of anti- fraud success by saving £64.75m
Allianz is celebrating another record year for fraud success, reaching a total saving of £64.75m in 2018.
The total savings have increased by £2.75m since 2017, with an increased performance against an indemnity spend up 10% from the previous year.
Motor claims were the most common type of fraud detected by Allianz in 2018, amounting to 41% of fraudulent claims but Allianz’s data reveals that fraud is increasing significantly in the Casualty space with detection up 61%. This follows significant investment by Allianz in this area.
In Commercial property Allianz detected 25% more fraudulent claims in 2018 than 2017.
To read the full article from Allianz, including commentary from Fraud Manager Nick Kelsall, click the link below…..
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