Allianz Partners is nominated in the Global Innovator category at the Qorus-NTT DATA Innovation in Insurance Awards 2025. We asked the bank to present its strategy and actions in terms of innovation.
Why do you consider your company a Global Innovator?
Allianz Partners is a global innovator, redefining insurance through an ecosystem-driven approach that seamlessly integrates insurance, services, and digital platforms like Allyz. Innovation is a key driver of growth, enabling us to anticipate evolving customer needs and deliver embedded, parametric, and data-driven solutions.
By combining protection with proactive services, we move beyond traditional insurance, leveraging hyper-personalized experiences. Through strategic partnerships across industries - including mobility, travel, home, and health - we co-create solutions that enhance resilience and convenience.
Allyz exemplifies this vision, providing a seamless, digital-first experience that integrates insurance with value-added services, fostering deeper customer engagement. By continuously evolving our ecosystem, Allianz Partners is pioneering the future of insurance, ensuring accessibility, agility, and peace of mind for customers worldwide.
How is a culture of innovation achieved across your company?
Allianz Partners fosters a culture of innovation by embedding digital transformation at the core of its strategy, ensuring alignment across all organizational levels. We drive innovation through a structured, ecosystem-driven approach, leveraging APIs, data analytics, and AI to create seamless, customer-centric experiences.
We move beyond traditional insurance by integrating insurance + services within digital ecosystems. Our API-first strategy enables agile partnerships across mobility, travel, home, and health, ensuring modular and scalable solutions.
Digital Transformation & AI: We embed AI and automation to enhance efficiency, risk prediction, and hyper-personalization, enabling real-time assistance and proactive engagement.
Innovation at All Levels: Through cross-functional collaboration, innovation hubs, and strategic partnerships, we empower teams to co-create and experiment with new business models.
By fostering a shared vision of innovation, Allianz Partners accelerates its transition toward a service-driven, digital-first future.
What are the major goals and results obtained from your ongoing innovation strategy?
Allianz Partners enhances customer experience and strengthens partnerships through a seamless, digital-first approach. With Allyz at the touch of a button, customers access instant, on-demand services integrated with insurance. AI-driven insights enable personalized recommendations, proactive alerts, and real-time assistance, ensuring a smooth, hassle-free journey.
Our API-first strategy allows for seamless omnichannel engagement, embedding protection into everyday experiences across mobility, travel, home, and health. This not only improves customer convenience but also deepens partnerships with leading global players. By integrating insurance with value-added services, Allianz Partners creates a connected ecosystem that delivers trust, efficiency, and personalized care.
How does your company manage the overall innovation process?
Allianz Partners manages innovation through close coordination between Lines of Business (LoBs) and Allyz, ensuring seamless integration of solutions. LoBs identify market needs, while Allyz acts as a central platform connecting services across mobility, travel, home, and health.
New concepts are developed based on data insights and customer demands. Prototyping and validation follow, using APIs and digital tools for scalability. Once tested, solutions are integrated into Allyz, creating a unified customer experience.
Strong collaboration between LoBs, IT, and strategic partners ensures rapid deployment and continuous evolution. By steering Allyz as a platform-first solution, Allianz Partners drives seamless, connected experiences for customers worldwide.
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