Allianz Companions achieves document monetary leads to 2023

Allianz Companions, a significant international insurance coverage and help supplier, has disclosed its monetary outcomes for the 12 months 2023, setting new information for income and operational revenue.

Efficiency of Allianz Companions’ well being phase

Within the well being enterprise phase, revenues surged by 23.4% to achieve 2.959 billion euros. This development was propelled by natural enlargement, elevated engagement within the small and mid-size enterprise (SME) sector, and forging new alliances with native insurance coverage entities.

A big position on this development was performed by the enhancement of the digital well being companies by way of the Lumi well being ecosystem, which served over one million customers up to now 12 months.

Efficiency of Allianz Companions’ journey insurance coverage phase

The journey insurance coverage division reported an 8.0% enhance in revenues, totalling 3.297 billion euros. The resurgence of journey actions within the Asia-Pacific area, significantly following the lifting of journey restrictions in Australia and New Zealand, contributed to this rise.

Moreover, sustained developments in North America and Europe helped bolster the phase’s efficiency. The latest introduction of the allyz cellular app marked a major stride within the firm’s digital outreach.

Efficiency of Allianz Companions’ mobility and help phase

The mobility & help phase confirmed a income enhance of 11.2%, amounting to 2.902 billion euros. This was led by the sturdy efficiency of the roadside help and residential companies throughout Europe and Latin America.

Regardless of stability within the cellular system and digital danger (MDDR) enterprise, outstanding development was famous in markets corresponding to India, Spain, and France.

Allianz Companions companies’ development in 2023

CEO Tomas Kunzmann mirrored on the 12 months’s achievements, noting important strides in all key enterprise areas, together with journey, well being, help, and mobility companies.

“2023 was one other document 12 months for Allianz Companions by way of whole revenues and income, following the document leads to 2022. The journey enterprise continues to thrive, our healthcare enterprise noticed large development and there was glorious momentum in our help and mobility enterprise globally. In consequence, our continued development is constructed on strong foundations as we put money into the digitalisation of our companies whereas guaranteeing the human contact and the best ranges of buyer satisfaction,” he stated.

Allianz Companions’ efficiency forecast

Wanting ahead, Kunzmann stays optimistic in regards to the firm’s trajectory, attributing its sturdy place to the dedication of over 22,000 international staff. He emphasised the strategic objectives set for 2030, aiming to double the corporate’s revenues by way of steady innovation and a concentrate on digital enhancements.

“Due to the dedication of our group of greater than 22,000 staff around the globe, I’m very optimistic in regards to the outlook for the approaching years and that we’re on monitor to attain our aim of doubling revenues by 2030,” he stated.