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July 7, 2020

Allianz extends motor insurance collaboration with Ford Credit Europe

By Verdict Staff

Allianz Partners, through its specialised automotive brand Allianz Automotive, has extended the motor insurance collaboration with Ford Credit Europe (FCE).

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Gain valuable insight on the Motor Insurance industry outlook for Asia Pacific

Asia-Pacific was the fastest-growing region globally during the review period (2016-2020), recording growth at a CAGR of 2.7%. China was the market leader, accounting for 52.9% of the region’s motor insurance premiums in 2020. To help you make the most of this significant growth, GlobalData’s has put together a comprehensive overview of the Asia Pacific motor insurance industry, including market sizing and forecasts. Read ‘Motor Insurance Industry Outlook in Asia Pacific’ for:
  • Analysis of leading insurers in the region
  • Details on regulatory requirements, including licensing rules, capital requirements, taxation regimes, and ownership quotas
  • Analysis of the impact of COVID-19 on the industry
  • Insight into key trends, technology developments, and potential disruptors in the motor insurance industry
  • Recent M&A activity in the motor insurance industry
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Both companies have been collaborating since 2013 to provide insurance solutions to Ford customers in a number of markets including Germany, France, Italy and Spain.

As part of the extended collaboration, Allianz and FCE will work on other strategic projects to offer local solutions, considering specific market dynamics and customer requirements.

The companies will also continue to develop and deliver joint innovation across insurance products, services and new mobility solutions.

Allianz Partners Board of Management member and Automotive CEO Claudius Leibfritz said: “This marks a new era of strategic collaboration between FCE and Allianz, building upon the successful path we have already forged together. We will continue to work closely with Ford dealers to offer Ford customers innovative insurance products and services that meet their changing needs.”

Commenting on the development, FCE European Insurance manager Matthew Hunt said: “Allianz has collaborated with FCE across a number of European markets to deliver products and service that meet the high standards Ford customers and its dealer network demand.

“Furthering this experience and relationship in these challenging and fast-moving times, will help us serve the changing needs of customers as they adopt online purchasing, electric vehicles and new mobility solutions.”

Free Report
img

Gain valuable insight on the Motor Insurance industry outlook for Asia Pacific

Asia-Pacific was the fastest-growing region globally during the review period (2016-2020), recording growth at a CAGR of 2.7%. China was the market leader, accounting for 52.9% of the region’s motor insurance premiums in 2020. To help you make the most of this significant growth, GlobalData’s has put together a comprehensive overview of the Asia Pacific motor insurance industry, including market sizing and forecasts. Read ‘Motor Insurance Industry Outlook in Asia Pacific’ for:
  • Analysis of leading insurers in the region
  • Details on regulatory requirements, including licensing rules, capital requirements, taxation regimes, and ownership quotas
  • Analysis of the impact of COVID-19 on the industry
  • Insight into key trends, technology developments, and potential disruptors in the motor insurance industry
  • Recent M&A activity in the motor insurance industry
Improve your business strategy with our extensive report. Download it for free, now.
by GlobalData
Enter your details here to receive your free Report.

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