Allianz Travel

What Allianz Travel does

Allianz Travel Insurance is the US-facing travel insurance brand of Allianz Partners, a business unit of Munich-based Allianz SE, operated domestically through AGA Service Company (d/b/a Allianz Partners) headquartered in Richmond, Virginia. The company sells individual and annual travel protection plans — six OneTrip variants (Prime, Basic, Premier, Emergency Medical, Cancellation Plus, Rental Car Protector), four AllTrips annual variants (Basic, Prime, Executive, Premier), and an optional Cancel Anytime upgrade — with insurance benefits underwritten by BCS Insurance Company (A-rated by A.M. Best) and Jefferson Insurance Company. Pricing begins at $27 for entry-level trip protection and $13 per day for rental car coverage, while AllTrips annual plans provide 365 days of household coverage with age-neutral pricing that is particularly attractive to seniors and frequent travelers.

Distribution is hybrid: direct-to-consumer via the company website (allianztravelinsurance.com), 24/7 phone sales, the Allyz mobile app for policy management and claims filing, and a travel agent referral network operating through ACCAM numbers. Underwriting partners BCS and Jefferson carry the insurance risk, while Allianz Partners performs distribution, customer service, and claims administration through a 34-office global footprint and a network of 400,000+ pre-screened medical and non-medical providers on five continents. The company states it helps 55+ million people travel with confidence annually.

Allianz Travel has held the Worldwide Insurance Partner role for the International Olympic Committee and International Paralympic Committee since 2021 (through 2028), extending a Paralympic partnership dating to 2006. Plan distribution is restricted to US residents. No standalone revenue, headcount, or AI/ML capabilities are disclosed for the US entity, though it has accumulated multiple industry recognitions including 2025 Travel Weekly Readers Choice, 2025 Travvy, 2026 Elliott Advocacy Readers Choice, and 2026 U.S. News & World Report Best Travel Insurance Companies — Top Performer.

Name

Allianz Travel

Legal name

AGA Service Company

Website

https://allianztravelinsurance.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Allianz Travel Insurance is the US travel insurance brand of Allianz Partners (AGA Service Company), selling single-trip, annual multi-trip, and rental car protection plans to US residents through direct digital channels, a travel agent referral network, and the Allyz mobile app, backed by a 400,000+ global provider network.

Ownership category

akta.pro rank

Product category

Travel Insurance

NAICS

Insurance Carriers and Related Activities (524), Direct Property and Casualty Insurance Carriers (524126), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Carriers, Nec (6399), Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Underwriting, Pricing & Policy Administration (PAS) for Travel Insurance (THALALAK)

akta.pro secondary industries

Ticket/Event Cancellation Protection (FSAJAJAG), Travel Medical Insurance (Individual) (FSAIAEAI), Baggage & Personal Effects Insurance (FSAJAJAE), Group Travel & Corporate Travel Accident Insurance (FSAJAJAK)

Keywords

• Travel insurance
• Trip protection
• Annual travel plans
• Rental car coverage
• Travel assistance

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Travel Insurance Premiums: One-time purchase of travel insurance plans for single trips or annual coverage. Customers pay upfront premiums based on trip cost, traveler age, and selected plan coverage levels.
2. Annual/Multi-Trip Plans: Subscription-like annual travel insurance plans (AllTrips series) that provide 365-day coverage for multiple trips, generating recurring revenue from frequent travelers
3. Rental Car Insurance: Standalone rental car protection plans priced at $13 per calendar day, providing collision damage waiver coverage up to $75,000

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Allianz Travel Insurance sells travel protection plans covering trip cancellation, emergency medical expenses, travel delays, baggage loss/damage, and rental car damage. Plans are offered as single-trip, annual/multi-trip, and rental car-specific products underwritten by BCS Insurance Company and Jefferson Insurance Company. Customers also receive access to a 24/7 multilingual assistance hotline, a global network of 400,000+ pre-screened providers, and the Allyz mobile app for trip management and claims filing.

Product overview

Allianz Travel Insurance is a comprehensive travel protection platform offering single-trip, annual/multi-trip, and rental car insurance plans. The product portfolio includes OneTrip plans (Prime, Basic, Premier, Emergency Medical, Cancellation Plus, Rental Car Protector) for individual trips and AllTrips plans (Basic, Prime, Executive, Premier) for frequent travelers requiring year-round coverage. The Allyz mobile app provides real-time safety alerts, trip management, and claims filing capabilities. An optional Cancel Anytime upgrade on select plans allows cancellation for any unforeseeable reason. Insurance benefits are underwritten by BCS Insurance Company (rated A Excellent) and Jefferson Insurance Company (rated A+ Superior), with 24/7 multilingual assistance available through a global network of 400,000+ providers across 34 offices on five continents.

Differentiator

Problem solved

Functional benefit

Brands

• Allyz: Mobile app providing travel assistance, real-time safety alerts, trip organizer, hospital finder, and claims management features

Products and services

• OneTrip Prime Expanded single-trip travel insurance plan offering additional benefits beyond OneTrip Basic, including free coverage for children 17 and under when traveling with a parent or grandparent. Designed for individual travelers seeking more comprehensive coverage for a single trip.
• OneTrip Basic Affordable single-trip travel insurance plan that includes trip cancellation and interruption benefits plus limited post-departure benefits such as emergency medical coverage and lost/damaged baggage benefits. Aimed at cost-conscious individual travelers.
• OneTrip Premier Top-tier single-trip travel insurance plan that includes all OneTrip Prime benefits while doubling nearly all post-departure benefit limits and providing additional covered trip cancellation reasons. Targeted at travelers seeking maximum single-trip coverage.
• OneTrip Emergency Medical Single-trip travel insurance plan providing benefits for emergency medical expenses and travel mishaps such as trip delays and lost luggage, without trip cancellation/interruption coverage. Suited for travelers primarily concerned about medical emergencies.
• OneTrip Cancellation Plus Most economical single-trip travel insurance plan designed for domestic travelers who want cancellation and trip interruption benefits but do not need post-departure benefits. Targeted at travelers seeking core cancellation coverage at low cost.
• OneTrip Rental Car Protector Standalone rental car protection plan priced at $13 per calendar day, providing primary collision damage waiver coverage up to $75,000 along with 24-hour emergency assistance. Aimed at consumers renting vehicles domestically or internationally.
• AllTrips Executive Annual/multi-trip travel insurance plan offering higher trip cancellation and interruption limits, lost/stolen or delayed baggage benefits, and additional business equipment rental benefits. Suited for frequent business and executive travelers.
• AllTrips Basic Most economical annual/multi-trip travel insurance plan without trip cancellation coverage, designed for frequent travelers who primarily want protection in case of medical emergencies across multiple trips in a 365-day period.
• AllTrips Prime Annual/multi-trip travel insurance plan providing affordable year-long protection including trip cancellation and trip interruption, lost/stolen or delayed baggage, and related benefits. Designed for frequent leisure travelers.
• AllTrips Premier Premium annual/multi-trip travel insurance plan providing a full year of worldwide travel protection, concierge service, and household-wide coverage whether members travel separately or together. Targeted at affluent frequent travelers and families.
• Allyz Mobile App Free mobile travel companion application featuring real-time safety alerts, a trip organizer, hospital finder, flight notifications, and the ability to file and check claims on the go. Available to Allianz Travel Insurance customers.
• Cancel Anytime Upgrade Optional add-on available on OneTrip Prime and OneTrip Premier plans that reimburses 80% of lost non-refundable trip costs (up to $16,000) for cancellations due to almost any unforeseeable reason not covered by the standard plan, allowing cancellation as late as the day of departure.

Quantifiable outcome

• Helps 55+ million people travel with confidence annually
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered flagship.

• International Olympic Committee (IOC)flagshipStrategic or Co-development Partner · 1 January 2021Allianz is the Worldwide Insurance Partner for the Olympic & Paralympic Games from 2021-2028. This eight-year partnership builds on collaboration with the Paralympic Movement dating back to 2006. The partnership supports athletes and travelers worldwide with the rallying cry 'Behind you for what's ahead.'
• International Paralympic Committee (IPC)flagshipStrategic or Co-development Partner · 1 January 2006Allianz partnership with the Paralympic Movement began in 2006 and evolved into the current Worldwide Insurance Partner role for both Olympic and Paralympic Games through 2028. Partnership emphasizes support for athletes with disabilities and inclusive travel experiences.
• BCS Insurance CompanyOthersUnderwriter of Allianz Travel Insurance benefits, rated 'A' (Excellent) by A.M. Best Co. BCS Insurance Company (OH, Administrative Office: 2 Mid America Plaza, Suite 200, Oakbrook Terrace, IL 60181) underwrites benefits under BCS Form No. 52.201 series or 52.401 series.
• Jefferson Insurance CompanyOthers

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Seven Corners: Specialist in international travel medical insurance and trip-cancellation plans, with strong positioning in long-stay, multi-trip, and expatriate-adjacent coverage. Overlaps with Allianz's international and frequent-traveler segments.
• Generali Global Assistance: US travel insurance brand of Generali, offering single-trip, annual, and group plans with 24/7 assistance. Closest like-for-like competitor to Allianz Travel, similarly backed by a global insurance parent with A-rated underwriters.
• Berkshire Hathaway Travel Protection: Travel insurance provider backed by Berkshire Hathaway Specialty Insurance, offering single-trip, annual, and group plans. Competes on financial strength, brand, and direct distribution comparable to Allianz Travel.
• Travel Insured International: US-based travel insurance provider offering a comparable suite of single-trip, annual, and group plans through travel agents and direct channels. Directly competes in agent-referred distribution and trip-cancellation products.
• World Nomads: Specialist travel insurance provider focused on adventure, backpacker, and long-term international travelers. Direct competitor in single-trip and annual travel medical/cancellation products with similar direct-to-consumer distribution.
• IMG (International Medical Group): Provider of travel medical insurance, international health plans, and trip-cancellation products for individuals, families, and corporate travelers. Competes head-to-head in the international-travel and emergency-medical categories.
• AXA Assistance USA: US travel insurance and assistance arm of AXA, offering single-trip and annual plans with multilingual assistance. Direct competitor in the global-insurer-backed travel insurance segment, with overlapping distribution through travel agents and direct channels.

Broad incumbents

• Chubb Travel Insurance: Travel insurance offerings within Chubb's global personal lines portfolio. Overlaps with Allianz Travel in high-net-worth and frequent-leisure travelers, and competes for travel agent referrals, but travel is a small part of a much larger commercial and specialty insurance franchise.
• AIG Travel: Travel insurance business of AIG, a global P&C and life insurer. Offers overlapping single-trip and group travel products as part of a much broader commercial and personal insurance portfolio; competes primarily on enterprise and brand scale.

Emerging players

• Squaremouth: Travel insurance comparison marketplace that allows consumers to quote and compare policies from multiple carriers, including direct competitors to Allianz Travel. Not a peer in product terms, but a key distribution channel and pricing-pressure point affecting Allianz's direct funnel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/allianztravelus
• Facebookfacebook.com/AllianzTravelInsuranceUS
• LinkedInlinkedin.com/company/allianz-travel-mx

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allianz Travel