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Press release -

Allianz’s award-winning commercial motor team launch motor fleet product refreshes

Allianz Insurance, one of the UK’s leading commercial motor insurers, has refreshed its motor fleet products to provide businesses with new and enhanced covers and access to improved risk management services to help reduce costs.

The revamped products are available for both small (4-14 vehicles) and larger (15+ vehicles) fleets and have been refreshed following extensive market research and customer feedback. Traded through Allianz’s national branch network, they’re supported by an award-winning underwriting team and dedicated 24/7 motor claims team.

Recognising the increasing use of risk management technology in fleets, businesses will now have cover for in-vehicle safety technology such as dashcams. Other new features in the refreshed products include cover for misfuelling and child seats, as well as pay-on-use breakdown. Allianz has also enhanced its limits for third party property damage, replacement locks and personal accident.

In addition, reporting and sharing information has been made even easier for customers who can now access a cloud platform and upload video footage or imagery in support of a claim.

For vehicle repairs Allianz’s nationwide approved repairer network provides a lifetime guarantee and customers can track the progress of their repair online. For added convenience on minor repairs, there’s the option of using a mobile repair solution, minimising the time a vehicle is off the road.

Providing more than just motor insurance cover, Allianz customers are also given access to a wide range of services including risk management guidance, business and legal helplines and discounted services from preferred suppliers.

A new partnership with DriveTech, part of the AA, gives customers access to discounts on various risk management services including online and on-road driver assessments and training. In addition, DriveTech can help fleets understand how to better utilise advances in technology, including the analysis of telematics data. Their customer portal allows fleet managers to have complete oversight of their operation, helping fleets run more effectively and working to drive costs down.

To find out more fleet operators should contact their insurance broker.

Jonathan Dye, head of motor insurance, commented: “We strive to help customers manage their fleets more efficiently, economically and, with risk management support, more safely too. Our products are designed to give businesses control over their fleet by providing comprehensive and flexible cover with access to guidance, support and an excellent claims service.”

ENDS

Notes to editors:

1)The Commercial motor team has won Team of the Year at the Underwriting Service Awards 2013, 2014, 2015, 2016 and 2017.

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The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.

The Allianz Group is one of the world's leading insurers and asset managers with more than 88 million retail and corporate customers. Allianz Group customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz Group is one of the world’s largest investors, managing over 650 billion euros on behalf of its insurance customers while our asset managers Allianz Global Investors and PIMCO manage an additional 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2017, over 140,000 employees in more than 70 countries achieved total revenue of 126 billion euros and an operating profit of 11 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements.

Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group's core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events), (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the euro/US-dollar exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.

No duty to update

The company assumes no obligation to update any information or forward-looking statement contained herein, save for any information required to be disclosed by law.

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Contacts

Amy Yorston

Amy Yorston

Press contact PR Consultant 07794266474