Allianz

What Allianz does

Allianz Deutschland AG is the German operating subsidiary of Allianz SE (publicly traded on the Frankfurt Stock Exchange under ticker ALV), one of the world's largest insurance and financial services groups, founded in 1890 and headquartered in Munich. The German operation offers a comprehensive insurance portfolio spanning motor (Kfz), property (Hausrat, Wohngebäude), liability, legal protection, health (Private Krankenversicherung and supplementary cover), travel, pet, accident, and pension/retirement products, alongside an extensive business-insurance (Firmenkunden) line covering liability, fleet, property, cyber, transport, machinery, and industry-specific packages for professions such as physicians, lawyers, craftsmen, and hotels. The product architecture is organized into four tiers — Allianz Direct, Direct Plus, Komfort, and Premium — enabling customers to choose between low-cost digital self-service and full advisory service.

Distribution operates through a hybrid model: Germany's largest physical agency network with offices in virtually every major city, dedicated telephone hotlines for retail and commercial customers, video Beratung, the FirmenOnline B2B portal, and the Meine Allianz digital portal plus mobile app for 24/7 self-service. Underlying technology includes the Meine Allianz portal (with a Vorsorge- & Nachlassplaner retirement and estate planning tool), the BonusDrive telematics tariff offering up to 30% safe-driving discounts, and an AI-powered telematics platform deployed via a March 2026 strategic commercial partnership with Cambridge Mobile Telematics (in which Allianz X holds a minority stake as co-lead investor of a $350M round). Additional ecosystem integrations include the Allianz E-Charge App and charging card (EnBW HyperNetz, 900,000+ charging points), M3E for THG quota monetization, and ShareNow/Miles carsharing deductible coverage.

Revenue is generated primarily through recurring insurance premiums across retail and commercial lines, supplemented by loyalty economics (the Vorteilsprogramm) and ancillary service revenue from partnerships. Customer base is mass-market and granular: individual policyholders, families, freelancers, SMEs, and large corporations. Operating geographies center on Germany, with the Worldwide Olympic and Paralympic Partnership extending Allianz's brand presence across approximately 35 countries and supporting soft expansion into travel, expat health, and international products.

Name

Allianz

Legal name

Allianz SE

Website

https://allianz.de

Company type

Public

Founded year

1890

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Allianz Deutschland is Germany's largest insurance provider, offering auto, home, health, business, pension, and legal protection products through a hybrid model of physical agencies, digital portals, and telematics-driven pricing to mass-market retail and SME customers across Germany.

Ownership category

akta.pro rank

Headquarters

HQ city

Unterföhring

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property & Casualty Insurance: Allianz's core revenue stream from private and commercial insurance policies covering automobiles (Kfz), homes (Hausrat, Wohngebäude), liability (Haftpflicht), legal protection (Rechtsschutz), travel, and pets. Premiums are recurring annual or monthly payments. The company offers multiple product tiers (Direct, Direct Plus, Komfort, Premium) with varying price points and coverage levels.
2. Health Insurance: Private Krankenversicherung (PKV) and supplementary health insurance products (Krankenzusatzversicherung) including dental, hospital, and nursing care coverage. Premiums are recurring.
3. Pension & Savings Products: Retirement and wealth-building products including private pension insurance (PrivatRente, Riester-Rente, Rürup-Rente), occupational pension schemes (Betriebliche Altersvorsorge), risk life insurance (Risikolebensversicherung), funeral insurance (Sterbegeldversicherung), and savings products (SchatzBrief, ParkDepot Tagesgeld).
4. Commercial/Business Insurance: Specialized insurance for businesses, tradespeople, professionals, and associations covering liability (Betriebshaftpflicht, Berufshaftpflicht, D&O), contents (Inhaltsversicherung), business interruption (Ertragsausfallversicherung), fleet vehicles, legal protection, cyber, electronics, machinery, buildings, agriculture, and more.
5. Strategic Investment (Allianz X): Allianz X, the digital investment unit of Allianz Group, invests in mobility and insurtech startups. The $350M strategic investment in Cambridge Mobile Telematics (co-led with TPG Rise Funds) provides Allianz with commercial agreements to deploy CMT's AI-powered telematics platform across its European operations — creating a data-driven insurance product revenue opportunity.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Allianz Deutschland AG is a Munich-headquartered multi-line insurance provider selling private and commercial insurance products to individuals, families, and businesses across Germany. Its product portfolio spans motor (Kfz-Haftpflicht, Teilkasko, Vollkasko, BonusDrive telematics), property (Hausrat, Wohngebäude, Elementar), liability and legal protection, private and supplemental health, life and pension products (Riester, Rürup, betriebliche Altersvorsorge), accident, pet, travel, and commercial lines (Betriebshaftpflicht, D&O, fleet, cyber, technical, transport, industry-specific packages). Distribution combines an extensive nationwide agent network with the Meine Allianz self-service portal, app, telephone hotlines, and video Beratung.

Product overview

Allianz is a comprehensive insurance and financial services company offering a multi-brand, multi-product portfolio organized across two main customer segments: Private Customers (Privatkunden) and Business Customers (Firmenkunden). The product architecture consists of core insurance products, sub-brands tailored to specific customer segments, and add-on modules that enhance base coverages. For private customers, the core offerings include Kfz-Versicherung (available in Direct, Direct Plus, Komfort, Premium tiers), property insurance (Hausrat, Wohngebäude, Haftpflicht), health insurance (Private Krankenversicherung, Zusatzversicherungen), legal protection, travel insurance, accident insurance, retirement planning (Private Rentenversicherung including Riester-Rente, Rürup-Rente), life insurance, animal insurance, and building finance. For business customers, the portfolio encompasses liability insurance (Betriebshaftpflicht, Berufshaftpflicht, D&O), property coverage (Inhaltsversicherung, Gebäudeversicherung), business interruption, vehicle insurance (including fleet management), transport/cargo insurance, cyber insurance, technology insurance, and industry-specific packages for craftsmen, hotels, retailers, physicians, lawyers, and associations. Add-on modules include telematics (BonusDrive), legal services, workshop networks, and value-added services. The company operates primarily in Germany through a digital platform (Meine Allianz), agency network, and phone/chat services.

Differentiator

Problem solved

Functional benefit

Brands

• Allianz X: Digital investment unit of Allianz focused on insurtech investments and ventures.

Products and services

• Kfz-Versicherung (Auto Insurance)
• Kfz-Haftpflichtversicherung (Motor Liability Insurance)
• Teilkaskoversicherung (Partial Comprehensive)
• Vollkaskoversicherung (Full Comprehensive)
• E-Auto-Versicherung (Electric Car Insurance)
• Hybrid- und Wasserstoffauto-Versicherung (Hybrid and Hydrogen Vehicle Insurance)
• Motorradversicherung (Motorcycle Insurance)
• Mopedversicherung (Moped/Scooter/E-bike Insurance)
• E-Scooter-Versicherung (Electric Scooter Insurance)
• Wohnmobil-Versicherung (Camper Insurance)
• Quadversicherung (Quad Insurance)
• Wohnwagenversicherung (Caravan Insurance)
• Anhänger-Versicherung (Trailer Insurance)
• Oldtimer- und Youngtimer-Versicherung (Classic and Young-timer Car Insurance)
• Dauercamping-Versicherung (Permanent Camping Insurance)
• Hausratversicherung (Home Contents Insurance)
• Wohngebäudeversicherung (Residential Building Insurance)
• Private Haftpflichtversicherung (Personal Liability Insurance)
• Rechtsschutzversicherung (Legal Expenses Insurance)
• Auslandskrankenversicherung (Foreign Travel Health Insurance)
• Reiserücktrittsversicherung (Travel Cancellation Insurance)
• Private Krankenversicherung (Private Health Insurance)
• Krankenzusatzversicherung (Supplemental Health Insurance)
• Zahnzusatzversicherung (Dental Supplemental Insurance)
• Pflegeversicherung (Long-term Care Insurance)
• Berufsunfähigkeitsversicherung (Occupational Disability Insurance)
• Unfallversicherung (Accident Insurance)
• Private Rentenversicherung (Private Pension Insurance)
• Riester-Rente (State-subsidized Retirement Savings)
• Rürup-Rente (Tax-deductible Private Retirement Insurance)
• Betriebliche Altersvorsorge (Company Pension Scheme)
• Risikolebensversicherung (Term Life Insurance)
• SchatzBrief und ParkDepot Tagesgeld (Retirement Savings and Day Money Deposit)
• Tierversicherungen (Pet, Dog, Cat, and Horse Insurance)
• Baufinanzierung (Real Estate Financing)
• Betriebshaftpflichtversicherung (Business Liability Insurance)
• D&O-Versicherung (Directors and Officers Liability Insurance)
• Cyberversicherung (Cybersecurity Insurance)
• Inhaltsversicherung (Business Contents Insurance)
• Ertragsausfallversicherung (Business Interruption Insurance)
• Flottenversicherung (Fleet Insurance)
• Transportversicherungen (Transport and Cargo Insurance)
• Technik- und Maschinenversicherung (Technical Equipment and Machinery Insurance)
• Betriebliche Krankenversicherung (Company Health Insurance for Employees)
• Betriebliche Altersversorgung im Unternehmen (Employer-Sponsored Pension Plan)
• Gewerbliche Immobilienfinanzierung (Commercial Real Estate Financing)
• Handwerker-Versicherung (Craftsmen Insurance Package)
• Hotel-Versicherung (Hotel Insurance Package)
• Landwirtschaftliche Versicherungen (Agricultural Insurance Package)
• Versicherungen für den Einzelhandel (Retail Insurance Package)
• Ärzte-Versicherung (Physician Insurance Package)
• Rechtsanwalt-Versicherung (Lawyer Insurance Package)
• Versicherungen für Selbstständige (Freelancer and Self-Employed Insurance Package)
• Bäcker-Versicherung (Baker Insurance Package)
• Vereinsversicherung (Association Insurance Package)
• Meine Allianz (Digital Customer Portal and Mobile App)
• BonusDrive Telematik-Tarif (Telematics-based Auto Insurance Tariff)

Quantifiable outcome

• 99% of Kasko (comprehensive/collision) claims settled within 5 days
• +5 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Cambridge Mobile Telematics (CMT)coreTechnology or Integration · 26 March 2026Allianz X (the digital investment unit of Allianz Group) co-led a $350M all-secondary strategic investment in Cambridge Mobile Telematics alongside TPG's The Rise Funds and State Farm. The transaction provides liquidity to existing shareholders without new primary capital and is paired with long-term commercial agreements to deploy CMT's AI-powered telematics platform across Allianz's European operations for data-driven insurance products. The investment supports CMT's three growth pillars: scaling its global road safety platform, accelerating DriveWell Atlas AI models for real-time driving risk assessment, and expanding the Universal Driving Score product.
• M3EminorGTM or Marketing PartnerAllianz partnership with M3E for THG (Treibhausgas-Minderungsquote) quote selling, enabling Allianz E-auto customers to sell their THG quota to M3E and earn an attractive premium.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Zurich Insurance Group: Global insurance carrier with significant German operations offering P&C and life products. Comparable scale, multi-channel distribution (agent + direct), and product breadth to Allianz.
• Munich Re: Germany-headquartered global reinsurer and Allianz's home-market peer. While primarily a reinsurer, Munich Re's ERGO primary arm makes it a direct comparable in German insurance, with similar size and capital strength.
• Generali Deutschland: German operations of Generali Group, one of Europe's largest insurers, providing P&C, life, and health insurance. Comparable cross-line product breadth and German market presence.
• AXA Germany: German subsidiary of global insurer AXA, offering comparable P&C, health, and life products through agent and direct channels. Competes with Allianz across the same German segments with similar tiered product architecture.

Direct peers

• HUK-COBURG: Germany's largest mutual insurer and the leading direct competitor in German Kfz insurance, explicitly named in Allianz pricing benchmarks. Operates a similar auto-focused, digitally-enabled model and competes head-to-head on price in the German market.
• Talanx / HDI: German insurance group operating HDI and other brands across P&C, life, and reinsurance. Competes with Allianz in German retail, commercial, and specialty lines with a similar multi-brand strategy.
• ERGO Group (Munich Re): Major German primary insurance arm of Munich Re, offering P&C, health, and life across personal and commercial lines. Closely comparable product breadth and German market positioning to Allianz Deutschland.
• VHV Versicherungen: German mutual insurer with strong Kfz and commercial insurance presence, named directly in Allianz Komfort pricing comparisons. Comparable product mix (auto, liability, commercial) and similar mid-market positioning.
• DEVK Versicherungen: Large German insurance group with strong Kfz and property/casualty offerings, listed as a direct price competitor to Allianz Komfort. Comparable customer base in private and commercial segments.
• R+V Versicherung: German cooperative insurer affiliated with the Volksbanken Raiffeisenbanken banking group, offering a comparable full-stack portfolio (auto, home, life, health, commercial) to retail and SME customers across Germany.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/Allianz
• YouTubeyoutube.com/allianz
• Facebookfacebook.com/allianzdeutschland
• LinkedInlinkedin.com/company/allianzindeutschland
• Instagraminstagram.com/allianz

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

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