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Allianz launches inspection service for electric car chargers

Press release -

Allianz launches inspection service for electric car chargers

New buildings need to have charging points for electric vehicles by law

Allianz’s engineer surveyors can now inspect charging points for electric vehicles, which new builds need to be equipped with since a Building Regulations update came into force earlier this year.

They can check Electric Vehicle Charging Equipment (EVCE) during a standalone inspection or as an addition to a fixed wiring electrical inspection service.

All Allianz engineer surveyors completed training for EVCE inspections for mode 3 charging points in commercial and industrial locations.

The amended Building Regulations 2021, which came into force in June, apply to all new buildings, as well as large offices and supermarkets undergoing major renovations. Those buildings are required to be equipped with charging points for electric vehicles.

Allianz will offer to examine these charging points for businesses that already use its inspection services or insurance policies, as well as for new customers.

This new service will meet customers’ evolving needs and will support Allianz’s commitment to the net zero transition.

In August, the government unveiled a pilot to install more than 1,000 public charge points across nine local authorities in England. The Local EV Infrastructure (LEVI) scheme aims to create charging infrastructure, from on-street charge points to petrol station-style charging hubs, to help motorists without private driveways.

Last year, Allianz enhanced its fleet products to provide cover for electric vehicles and a wide range of services to support customers as they electrify their fleets. The specialist EV cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wall boxes located at the insured’s premises or employee’s home (with the insured’s agreement).

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Regions


About Allianz Holdings plc

Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz 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 is one of the world’s largest investors, managing around 716 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage nearly 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2021, over 155,000 employees achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros for the group.

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

*Including non-consolidated entities with Allianz customers.
** As of 30 June 2022

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting 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, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Contacts

Amy Yorston

Amy Yorston

Press contact External Communications Manager 07794266474
Sian Baker

Sian Baker

Press contact External Communications Manager 07891 570995