Allianz Benelux, a member of the Allianz Group, has implemented Munich Re’s ALLFINANZ suite of products, where the partnership will enable Allianz to speed up the life insurance underwriting journey for Dutch applicants.
ALLFINANZ will provide Allianz with complete end-to-end capabilities across automated underwriting and advanced analytics.
The ALLFINANZ suite of products will enable Allianz Dutch life insurance brokers and agents to provide a faster and more efficient life insurance application experience for customers, as well as streamlining and improving the accuracy of Allianz’s underwriting decisions through highly granular data analysis.
Mart Vreven, Commercial Director at Allianz Benelux, commented: “The Dutch market is highly competitive and with our adoption of the ALLFINANZ solution, we can now leverage our deep local market expertise while also drawing on Allianz’s sophisticated global capabilities to ensure a faster and easier underwriting journey for customers.
“We look forward to continuing our partnership with Munich Re Automation Solutions and enhancing levels of service for our customers in the Netherlands.”
Paul Donnelly, Executive Vice President EMEA at Munich Re Automation Solutions, says: “We’re delighted to support Allianz in its global shift from paper-based processes to digital.
“As customer-centricity becomes increasingly essential for life insurance companies, we’re committed to making underwriting as seamless as possible, not just globally, but locally as well.
“ALLFINANZ will provide intermediaries with capabilities to have efficient conversations with customers, allowing them to significantly improve each underwriting decision.”