Allianz Care

International health insurance line of Allianz Partners serving individuals and employers worldwide.

Founded

2000

Competitive Advantages

Allianz Care builds its group offering around a network of more than 110 partner insurers across over 90 countries, which lets it fold local life, health, disability, accident and pension arrangements into a single global employee benefits programme. The brand also runs multinational pooling, combining plans from two or more countries into one account so a client can share in the global result, and offers global underwriting that prices risk on group-wide claims experience rather than country by country.

For larger multinationals it adds captive reinsurance and a virtual captive structure that let an employer carry its own benefits risk, alongside coordinated retirement planning and an online reporting portal for clients. The service stack behind the cover includes a medical network of more than two million providers, a multilingual helpline available around the clock, and a stated target of processing completed medical claims within 48 hours.

Source: allianzcare.com

Market Outlook

Allianz Care addresses the employer market in tiers, covering groups of up to 100 employees, larger corporates, and international organisations and government bodies, and it promotes a moratorium underwriting route that avoids medical forms at onboarding. The company frames the direction of its market around easier digital access to care, pointing to teleconsultation and wellness services, and around sustainability.

Its stated sustainability agenda, presented as Next Generation Healthcare, sets social impact, business integration and climate change as its three goals, and it cites community health work run with broker partners alongside the Allianz group's net-zero emissions target for 2050. Demand in this segment rests on employers continuing to standardise benefits for staff who work across several countries, which is the buyer set this brand is built around.

Pricing Strategy

Allianz Care does not publish premium tables for group cover; employers submit a quote request and a sales advisor responds, typically within one or two working days. Group terms are available from as few as three staff, and while members of a group normally share one level of cover, larger employers can split into sub-groups with different levels.

Pricing terms follow the underwriting route chosen: pre-existing conditions are generally covered unless excluded in writing before inception, but moratorium and equivalent underwriting routes impose a 24-month waiting period for those conditions. The company also sells region-specific plans built to satisfy local insurance regulation, and short emergency-only group plans cap cover at a set number of travel days per insurance year.