The severity of electric vehicle (EV) battery fires is increasing within the automotive industry, with insurers and businesses facing costly claims. Allianz UK is urging automotive businesses to recognize the risks associated with lithium-ion batteries and take proactive steps to mitigate them. According to Allianz, lithium-ion batteries, the power source for EVs, pose unique fire […]
AkzoNobel Vehicle Refinishes Extends Partnership with LV= General Insurance in the UK to Supply Collision Repair Network
AkzoNobel Vehicle Refinishes announced it has extended its partnership with LV= General Insurance (LV=), which is part of Allianz, for five years, underscoring the value of AkzoNobel’s sustainable products within the Sikkens portfolio and the benefits they bring to the LV= and Allianz collision repair networks, comprising over 400 collision repair shops across the UK. […]
Axalta Refinish Appointed Preferred Supplier by UK Insurers LV= and Allianz
Axalta Refinish have signed a five-year agreement with leading insurers, LV= General Insurance (LV= GI) and Allianz in the United Kingdom. Under the terms of the agreement, Axalta Refinish will become a preferred supplier to LV= and Allianz’s UK network of refinish technology through its premium refinish brands Cromax, Spies Hecker, Standox as well as […]
Jaguar Land Rover and Allianz Partner to Provide Month of Complimentary Insurance on New Vehicles in Europe
JLR and Allianz Partners have announced the launch of an embedded insurance program, to enhance the purchasing experience for Range Rover, Defender, Discovery and Jaguar clients across Europe. The new program, Simply Drive, to give clients instant and complimentary to insurance for the first month on new Range Rover, Defender, Discovery and Jaguar purchases. The […]
Allianz X Completes Innovation Group Acquisition
The Innovation Group announced today that its acquisition by Allianz X that was announced last October has been completed. The Innovation Group provides operational support and expert services to the world’s leading insurers, fleet managers and automotive manufacturers, with over 1,200 clients across Australia, Germany, Poland, South Africa, Spain, the UK, and the USA. Allianz […]
Allianz Says Increased Part Repairs, Recycled Parts Use Would Significantly Lower Collision Repair Industry CO2 Emission in Europe
Company also forms partnerships to help repairers source recycled parts. Seeks to create sustainable repair facility certification program. Sustainable car insurance was the focus of the 10th Allianz Motor Day on October 19. Discussions at the international event hosted by global insurer Allianz centered on electric mobility as a key lever for decarbonization, as well […]
Innovation Group Acquired by Allianz X
Partnership between insurer’s digital investment arm and the claims management platform will support Innovation Group’s growth plans as an independent business under its existing management team. Innovation Group, a global provider of claims and technology solutions to the insurance and automotive industries, yesterday announced that Allianz X has entered into binding agreements with the shareholders […]