The transaction enlarges the service offering for customers and grows Allianz’ geographical footprint in Brazil. The purchase price is BRL 3.2 billion (approx. 0.5 billion euros).

Lime riders are now covered with insurance provided by Allianz; the two partners will also launch a global road safety education program and distribute 50,000 helmets for e-scooter riders.

The agreement, which is subject to the approval of regulatory authorities, is expected to generate a net profit of €300 million.

ControlExpert is a technology-driven automotive claim processing company active in 16 countries.

Banco Best and have started selling mobile, laptop and tablet insurances via BEA (Best Electronic Assistant), the Bank’s chatbot that’s available via its website and Facebook Messenger. Now Portuguese customers...

Allianz Holdings plc has completed the planned acquisition of the remaining 51% of the LV General Insurance Group.

Digital wealth management company has raised £36 million in a Series C round led by Poste Italiane, an Italian postal and financial services firm, with Allianz Asset Management also contributing to the...

Allianz has agreed to acquire automobile and other Property-Casualty operations from SulAmérica. The acquisition will strengthen the competitive position of Allianz in Brazil, making it one of the top 3...

Palo Alto-based has raised €150m from Allianz for its debut early-stage venture capital fund to invest in seed and Series A startups in the US and Europe focused on the “machine-enabled...

Allianz has announced its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – as the...

Recall insurers with innovation units below .  

N26, the provider of mobile banking services which launched in the UK last month with a free account, is now offering N26 Metal – its first premium membership for UK...

, the Allianz X-backed provider of mobile banking services, has introduced N26 Business Black, a premium version of its N26 Business account for freelancers and self-employed individuals.     Based on...

rent24, the global co-working and co-living provider which recently expanded to the US, is developing a blockchain platform to allows its users to connect, promote services, share knowledge, and apply...