Allianz is a major global insurance company that provides a wide range of insurance products and services around the world. Though headquartered in Germany, Allianz has a presence in over 70 countries and serves over 100 million customers worldwide. So does Allianz provide insurance coverage options for non-US residents? Let’s take a closer look.
Allianz Global Lines
Allianz Global Corporate & Specialty (AGCS) is the dedicated brand for corporate and specialty insurance at Allianz. AGCS provides insurance solutions for large and complex risks for major global companies across a wide range of industries, serving as an international center of expertise in risk and cover management. AGCS offers property, casualty, marine, engineering, aviation, and credit insurance as well as risk consulting services.
Through AGCS, Allianz provides coverage for risks located outside of the United States. AGCS has a global network of local offices in over 200 countries and territories to handle non-US insurance needs. So multinational corporations can rely on AGCS for locally-admitted policies to comply with regulations in countries around the world. AGCS is able to write non-US policies in local currencies and languages as needed.
Types of Coverage Offered
Some of the major insurance products AGCS offers for non-US exposures include:
- Property insurance – Covers buildings, equipment, stock and inventory against damage and loss.
- Casualty/liability insurance – Protects against third-party legal liability claims for bodily injury and property damage.
- Marine insurance – Insures transported cargo and hulls against physical damage and loss.
- Engineering insurance – Covers risks like machinery breakdown and damage to electronic equipment.
- Aviation insurance – Covers aircraft hulls and aviation liability risks.
- Credit insurance – Protects against non-payment from customers.
AGCS can work with brokers and clients directly worldwide to create customized insurance solutions structured around local regulatory environments and risk profiles.
Allianz Partners
In addition to commercial policies from AGCS, individual consumers and expatriates can also obtain Allianz coverage through Allianz Partners. Allianz Partners focuses on insurance solutions and assistance services for health, life, home, travel, automobiles, and other risks. Allianz Partners serves customers in 78 countries with a network of over 19,000 employees.
Some of the major personal lines of insurance Allianz Partners offers worldwide include:
- International health insurance
- Travel insurance
- Life insurance
- Home and property insurance
- Auto insurance
So expatriates and globetrotters can rely on Allianz Partners for protection tailored for their international lifestyles and overseas assets. Allianz Partners can provide globally-valid insurance packages with 24/7 emergency assistance and claims management in multiple languages.
Country Availability
Allianz has a presence in the following countries and territories outside of the United States:
Argentina | Hungary | Peru |
Australia | Iceland | Poland |
Austria | India | Portugal |
Bahrain | Indonesia | Qatar |
Bangladesh | Ireland | Romania |
Belgium | Isle of Man | Russia |
Bermuda | Israel | Saudi Arabia |
Brazil | Italy | Senegal |
Bulgaria | Ivory Coast | Serbia |
Cambodia | Japan | Singapore |
Canada | Jordan | Slovakia |
Chile | Kazakhstan | Slovenia |
China | Kenya | South Africa |
Colombia | Kuwait | South Korea |
Costa Rica | Latvia | Spain |
Croatia | Lebanon | Sri Lanka |
Cyprus | Liechtenstein | Sweden |
Czech Republic | Lithuania | Switzerland |
Denmark | Luxembourg | Taiwan |
Ecuador | Malaysia | Thailand |
Egypt | Mauritius | Tunisia |
Estonia | Mexico | Turkey |
Finland | Morocco | Ukraine |
France | Netherlands | United Arab Emirates |
Germany | New Zealand | United Kingdom |
Ghana | Nigeria | Venezuela |
Greece | Norway | Vietnam |
Guatemala | Oman |
So in summary, Allianz does provide insurance options for non-US residents through both its commercial/specialty lines and personal lines in countries around the world. Multinational organizations and individuals can work with Allianz’s global network to secure customized local insurance policies internationally.
Obtaining a Quote
To obtain a specific insurance quote from Allianz as a non-US resident, the best approach is to follow these steps:
- Contact the local Allianz office or subsidiary in your country. Allianz’s website has a tool to lookup contact information by location.
- Work with a local agent or broker who represents Allianz in your area.
- For corporate/specialty risks, get in touch directly with Allianz Global Corporate & Specialty.
- For individual coverage, reach out to Allianz Partners via their website or local office.
- Provide the agent or broker with details on your risk to be insured such as property values, risk locations, liability limits needed, health histories, etc.
- The agent will work with Allianz underwriters to generate a quote customized for your particular exposures.
Each risk is unique, so connecting with representatives who know your local market is key to getting an accurate Allianz quote as a non-US resident. With Allianz’s global capabilities, they can structure customized solutions for risks located in countries around the world.
Claims Processing for Non-US Policies
How are claims handled for Allianz policies issued in foreign countries? Here are some key facts on Allianz’s claims process for non-US policies:
- Claims are handled by local Allianz claim teams in each country following local claims adjustment standards.
- Claims can be reported directly to Allianz offices or through the insured’s local intermediary.
- Claims communication, documentation, and payments are made in local languages and currencies.
- Allianz has a global claims management system that allows coordination across borders when needed while still maintaining local authority over claims.
- Adjusters and lawyers from global claims centers of expertise may assist with large or complex non-US losses.
- 24/7 emergency medical and travel assistance services are available for individuals insured with Allianz Partners.
- Allianz aims to handle non-US claims promptly and fairly in accordance with policy terms and local regulations.
So while non-US claims are managed locally, Allianz policyholders can benefit from global coordination and expertise when losses cross borders or jurisdictions. This allows Allianz to handle claims consistently for global programs while still providing the on-the-ground service needed in each country.
In Conclusion
As one of the world’s largest insurers, Allianz has a widespread international presence that enables them to offer globally-valid insurance policies through local carriers in countries across the Americas, Europe, Asia Pacific, Africa and the Middle East. Multinational organizations can turn to Allianz Global Corporate & Specialty for locally-issued corporate insurance anywhere in the world. Expatriates and travelers can rely on Allianz Partners for personal lines cover globally. With their global expertise and local delivery capabilities, Allianz can craft insurance solutions tailored for risks located outside of the United States.