Half-year results for Allianz Group released today reveal that the organisation achieved revenues of £3.6bn across Allianz UK, Allianz Commercial, Allianz Trade and Allianz Partners. Here are the details;
Key highlights for Allianz UK in the first six months of the year include:
- Announcing business wins including VetPartners, Volkswagen Financial Services UK (VWFS) and Sainsbury’s Bank
- Creating one Allianz UK claims function to unite expertise
- Celebrating Allianz Engineering Inspection Services’ 100th anniversary
- Delivering transformation programmes benefitting customers and employees
- Achieving excellent customer feedback including What Car? and Gracechurch
Colm Holmes, Chief Executive Officer, Allianz UK said:
“I am pleased with the performance so far this year. The increase in profitability is an obvious highlight but this just represents the outcome from the extensive investments we have been making in our business over the past two years. Our focus remains on disciplined, profitable growth and through our always advancing technical expertise and pricing capabilities we are seeing the results of that approach.
“Our strategy to expand our distribution in personal and commercial is beginning to deliver tangible benefits to our underlying business and is evidenced in numerous ways including our new partnerships with brands such as VWFS UK and Sainsbury’s Bank. In Commercial we have continued to see impressive growth in our targeted mid-market segments. Our broker community has expanded as we continue to build closer relationships with our broker partners of all sizes. At Allianz we value each and every one of those relationships and will continue to build mutual innovative market solutions in the future.
“Our business transformation programme and investment in simplification and digital trading is beginning to be truly felt across the business as we work to make our interactions with customers and brokers smarter and faster. So far this has included projects that have revolutionised our telephony systems, and the outcomes of our systems thinking programmes including a new approach in Commercial property claims that has led to a 25% reduction in processing times. These are only two examples of many programmes and there is much more to come in the second half of 2025 as we continue to transform to become fit for the future.
“These advancements are being well received and our customers and brokers are offering positive feedback across all metrics. I’m delighted that Allianz Commercial has kept loyalty leader status as part of the global net promoter score results and that Allianz Personal were awarded the Which? Best Buy Car Insurance award 2025. For the second year in a row, Britannia Rescue has been named the Best Breakdown Service by What Car? which demonstrates that our customers understand that we’re there for them when they need us the most. “
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