Allianz Travel

What Allianz Travel does

Allianz Travel operates as a travel insurance product line within Allianz Direct Versicherungs-AG, a German-domiciled insurance carrier operating in France through a registered branch (succursale) headquartered in Saint-Ouen-sur-Seine and supervised by the French Autorité de Contrôle Prudentiel et de Résolution (ACPR). The entity was founded in 2006 and reports a headcount of 1,001–5,000, reflecting the scale of the broader Allianz Direct French operations into which Allianz Travel is embedded. The product line serves individual travelers seeking coverage for international and domestic trips.

The product portfolio comprises several modules — Assurance Voyage (single-trip), Assurance Annulation (cancellation-only), Assurance Annuelle (annual multi-trip), Long Séjour (extended stays), Étudiants (student-specific), and PVT (working holiday visa) — distributed through a direct-to-consumer online platform with no disclosed broker or agency dependence. Pricing starts at €3.95/day for entry-level single-trip coverage. Underwriting provides worldwide geographic scope, with the United States and Canada excluded from standard tiers, and includes 24/7 multilingual assistance backed by Allianz Group's capital and reinsurance capacity.

The go-to-market is direct online distribution with marketing conducted through owned digital channels including blog content, SEO, and social media. The travel product is now marketed under the "Luko by Allianz Direct" brand following Allianz Direct's acquisition of French insurtech Luko, and Eurofil (auto) has been integrated into the same direct platform, indicating consolidation of formerly separate direct insurance operations under a unified technology and underwriting stack.

Name

Allianz Travel

Legal name

Allianz Direct Versicherungs-AG/Succursale France

Website

https://allianz-voyage.fr

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Allianz Travel is the travel insurance product line of Allianz Direct Versicherungs-AG in France, offering single-trip, annual, long-stay, student, and working holiday coverage to individual travelers worldwide through a direct-to-consumer online platform.

Ownership category

akta.pro rank

Product category

Travel Insurance

NAICS

Other Direct Insurance (except Life, Health, and Medical) Carriers (524128), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Travel Medical Insurance (Individual) (FSAIAEAI)

akta.pro secondary industries

Medical Travel Insurance (Emergency Medical, Evacuation & Repatriation) (FSAJAJAB), Baggage & Personal Effects Insurance (FSAJAJAE), International/Expatriate Individual Health Insurance (FSAIAEAH)

Keywords

• Travel insurance
• Medical assistance
• Trip cancellation
• Multi-trip coverage
• Repatriation services

Headquarters

HQ city

Saint-ouen

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Travel Insurance Premiums: Single-trip and multi-trip travel insurance policies sold to individual consumers. Pricing based on trip duration, destination zone, and selected coverage options. One-time premium payments for single trips; monthly or annual payments for multi-trip annual plans.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Allianz Travel provides travel insurance products sold through the Luko by Allianz Direct online platform, covering medical expenses abroad (up to €300,000), repatriation, baggage, trip cancellation (up to €8,000/person), and civil liability for individual travelers. The portfolio includes single-trip, annual multi-trip, long-stay, student, and PVT insurance plans, with optional add-ons for cancellation, sports/leisure, and rental vehicle franchise buyback.

Product overview

Allianz Travel, now distributed through Luko by Allianz Direct, operates as a modular travel insurance platform offering a core Assurance Voyage product with multiple specialized sub-products and optional add-ons. The portfolio includes Assurance Voyage (core trip insurance), Assurance Annulation (cancellation coverage with up to 8,000 EUR reimbursement), Assurance Annuelle (annual multi-trip), Assurance Long Séjour (up to 365-day stays), Assurance Étudiants (study abroad), and Assurance PVT (working holiday visas). Optional add-on modules include medical expense coverage (up to 300,000 EUR), 24/7 medical repatriation, teleconsultation services, baggage insurance, civil liability, and franchise buyback for rental vehicles. The pricing structure starts from 3.95 EUR/day for basic vacation coverage, with add-ons and annual plans providing additional customization.

Differentiator

Problem solved

Functional benefit

Products and services

• Assurance Voyage (Vacation Travel Insurance) Single-trip travel insurance for personal trips under 61 days in France or abroad, covering medical expenses, repatriation, baggage, and civil liability. Available with optional cancellation (up to €8,000/person) and sport add-ons. Pricing starts from €3.95/day for an adult aged 20 in Europe/Maghreb/Mediterranean.
• Assurance Annuelle (Annual Multi-Trip Insurance) Annual subscription covering all personal trips under 61 days for one year with worldwide coverage. Includes cancellation guarantee and sport coverage, with monthly payment option. Designed for frequent travelers who want continuous coverage without re-purchasing per trip.
• Assurance Long Séjour (Long-Stay Travel Insurance) Insurance for a single personal stay up to 365 days, with destination zone choice (Europe | Worldwide) and 24/7 assistance. Optional cancellation and sport add-ons available. Starting from €2.35/day for an adult aged 20.
• Assurance Étudiants (Student Travel Insurance) Insurance designed for students studying abroad, covering medical expenses, repatriation, and travel-related incidents for the duration of the study program. Starting from €2.27/day for an adult aged 20 in Europe/Maghreb/Mediterranean.
• Assurance PVT (Working Holiday Visa Insurance) Insurance for Working Holiday Visa (Programme Vacances Travail) holders, providing essential coverage for international work and travel experiences. Starting from €3.38/day with worldwide coverage excluding USA and Canada.

Quantifiable outcome

• Medical expense coverage up to €300,000 for treatment abroad
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Generali Travel Insurance: European insurance incumbent with comparable travel insurance products in France. Competes directly on the same consumer segments with similar coverage tiers and pricing structures, leveraging the Generali brand in the French market.
• AVI International: French travel insurance specialist focused on long-stay, working holiday, and student travel coverage. Directly comparable on the long-stay and PVT product lines, with similar destination-zone pricing structures.
• World Nomads: Travel insurance brand specifically targeting adventure travelers and backpackers. Overlaps with Allianz Travel's student and PVT segments, with comparable single-trip and annual multi-trip policies, though distributed globally online.
• AXA Travel Insurance: Major French insurance incumbent offering travel insurance products with similar coverage tiers. Competes directly with Allianz Travel in the French market, leveraging the broader AXA brand and similar European/international coverage zones.
• Chapka Assurances: French travel insurance specialist offering single-trip and long-stay policies for individuals traveling abroad. Direct competitor in the same French consumer segment with comparable modular product structures (cancellation, repatriation, medical).
• Europ Assistance: Global travel insurance and assistance provider with strong French market presence. Offers comparable 24/7 assistance, medical coverage, and repatriation services, making it a core direct competitor in the integrated travel insurance + assistance category.

Broad incumbents

• Allianz Partners (Mondial Assistance): Sister brand within the Allianz Group, providing global travel insurance and assistance. Operates as a broader-assistance incumbent with overlapping products and shared service infrastructure, making it both a sister entity and a market benchmark.

Emerging players

• Battleface: Niche travel insurance provider offering customizable coverage for adventure and high-risk travel. While smaller in scale, it competes on the modular, customizable coverage angle that Allianz Travel also pursues with its add-on portfolio.
• HeyMondo: Digital travel insurance challenger with European roots, offering modular policies with telematics-adjacent digital claims UX. Targets the same digital-first consumer segment but with a more modern tech stack and faster claims processing.
• SafetyWing: Digital-first travel insurance company targeting remote workers and digital nomads. Represents the next-generation travel insurance UX with embedded subscription pricing, and competes for the same global traveler demographic as Allianz Travel's long-stay and PVT products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@allianz-direct
• Facebookfacebook.com/LukoByAllianzDirect
• LinkedInlinkedin.com/company/allianz-direct-france
• Instagraminstagram.com/luko_by_allianz_direct
• Xx.com/AllianzTravelFR

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