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Innovation Ranking
NewInnovation Ranking – Allianz SE
Allianz SE (Allianz), a provider of global insurance and asset management services. It offers life, and property and casualty (P&C) insurance products, under the Allianz and Euler Hermes brands. The company’s insurance offerings provide coverage for motor, liability, homeowner, accident, travel and assistance, marine, aviation, and transport. Allianz also offers term insurance, endowment and retirement plans, and pension products. Its asset management products include fixed income, equities, and alternative investments. The company provides asset management services to third-party investors under...
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Company Insights
Allianz – Digital Transformation Strategies
Allianz Digital Transformation Strategies Overview Allianz has been leveraging innovative technologies such as artificial intelligence, blockchain, cloud, big data, IoT, and cybersecurity to digitally transform its operations. The annual ICT spending of Allianz was estimated at $4.3 billion for 2023. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. Allianz provides global insurance and asset management services and offers life insurance and property and casualty insurance products under the Allianz and Euler Hermes...
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Company Insights
Innovation and Patenting activity of Allianz SE Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Allianz SE Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be delivered...
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Thematic Analysis
NewPersonalization in Insurance – Thematic Intelligence
Personalization in Insurance Thematic Report Overview Insurance companies are recognizing the value of personalized policies to attract and retain customers. Insurers can personalize policies based on policyholder behaviors, preferences, and risk profiles, with unprecedented accuracy by leveraging AI and machine learning algorithms. Personalized policies not only provide customers with coverage that meets their specific requirements but also demonstrate an understanding of their unique circumstances, fostering trust and loyalty. The ‘Personalization in Insurance’ thematic intelligence report gives you an in-depth insight...
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Sector Analysis
NewGermany Life Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Germany Life Insurance Market Report Overview The gross written premium of Germany life insurance market was EUR95.8 billion ($97.8 billion) in 2023 and is expected to achieve a CAGR of more than 2% during 2024-2028. The Germany life insurance market research report provides an in-depth market analysis, including insights into the lines of business in the country’s life insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance indicators, including direct...
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Product Insights
NewUnited Kingdom (UK) Professional Indemnity Insurance Market Dynamics, Trends, Opportunities and Future Market, 2024 Update
UK Professional Indemnity Insurance Market Report Overview The UK professional indemnity insurance (PII) market was worth GBP3.3 billion in 2023. With improved profitability, capacity is returning to the market, both in the form of new entrants and existing insurers which have ambitious growth targets. Premium rates are therefore now stable or declining and market growth is forecast to be much slower by 2028. However, market conditions remain very profession-specific and are affected by the size and profile of risk. Professional...
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Analyst Opinions
NewUnited Kingdom (UK) Bancassurance Distribution Dynamics and Future Market, 2023 Update
United Kingdom (UK) Bancassurance Distribution Market Overview Bancassurance represents a strategic alliance between banks and insurance companies, designed to offer customers the convenience of purchasing insurance products in conjunction with banking services. The banking channel accounts for the highest share of total personal and commercial lines distribution in 2023. App purchases through the bank channel increased with no other channel recording a higher proportion of purchases via apps. This could be because of banks’ intensified focus on digitalization, resulting in...
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Sector Analysis
NewBelgium General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2028
Belgium General Insurance Market Report Overview The gross written premium of the Belgium general insurance market was estimated to be EUR30.9 billion ($31.5 million) in 2023 and is expected to achieve a CAGR of more than 8% during 2024-2028. The Belgium general insurance market research report provides in-depth market analysis, including insights into the lines of business in the country’s general insurance industry. Furthermore, the report provides a detailed outlook by product category as well as values for key performance...
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Product Insights
NewUnited Kingdom (UK) Travel Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Travel Insurance Market Report Overview The UK travel insurance market research report offers insights into consumer purchasing decisions within the travel insurance scenario and discusses their influence on the market over the next few years. In 2023, more than 24% of travel insurance purchases were via PCWs, which suggests that consumers want more details from their providers about their coverage levels, policy options, and premium pricing. Additionally, single-trip policies maintained their popularity during the year Leading Distribution...