Allianz insurance company
Allianz Insurance, Allianz, mbth, was founded in Berlin, Germany, 1890, and its headquarters is in Munich, Germany. At present, it is one of the largest insurance and asset management groups in Germany and Europe, ranking 34th in the 20 17 Fortune 500.
(Ranked by 20 17 Fortune 500 Enterprises)
Historically, Allianz has settled claims for the San Francisco earthquake of 1906, the famous Titanic of12, the American "9 1 1 incident" of 200/kloc-0, and the Malaysia Airlines MH370 air crash two years ago. These huge claims are a threat. Regarding the differences and claims of critical illness insurance, accident insurance, accident insurance and life insurance, I just sorted out the relevant contents, hoping to help you: a detailed introduction of critical illness insurance, medical insurance, accident insurance and life insurance! Claim guide
Comparison between Allianz Insurance and Domestic Insurance Companies
First of all, vertically, Allianz insurance has inherent advantages compared with domestic insurance companies.
(1) started early and has a long history.
By 18, Allianz's insurance brand has passed the test of 128, and its global rescue service has been carried out for more than 60 years, during which it has experienced many large-scale claims and service cases, and many capital storms have also passed smoothly. The hard power and soft power accumulated in a hundred years can't be caught up by domestic companies that really started in the 1980s overnight.
② Mature and advanced operation mode (operation, management, terms and services, etc.). )
Allianz, as an old foreign-funded insurance company, is quite mature in business scale, product terms and management mode, and its business development fulcrum is mainly based on standardized operation and providing quality insurance services to the society. For customers, buying insurance has been integrated with service.
However, domestic insurance companies still focus on expanding their scale, and the phenomena of extensive operation, poor quality and misleading consumption still occur from time to time. In recent years, despite the promotion of market demand and the strict management of the China Insurance Regulatory Commission, the overall service has improved, but the level is still not high.
③ High brand awareness.
In the ranking of "Top 20 17 Most Valuable Brands in the World 100" issued by Interbrand, the world's largest comprehensive brand consulting company, Allianz ranked 49th, while none of the domestic insurance companies made the list. It can be seen that the brand strength of Allianz, a century-old enterprise, is far ahead of domestic brands in the industry.
④ Internationalization
Allianz Insurance expanded its overseas business as early as its establishment, and now has offices in more than 70 countries and regions around the world. Its rescue company has 1. 1 10,000 medical service providers in 2/kloc-0 countries, providing customers with 7*24-hour emergency rescue services in 40 languages. It can be said that business and services are quite international.
However, the overseas business of domestic insurance companies has just started and cannot compete with it. And some time ago, the overseas travel insurance policies of domestic insurance companies were rejected by foreign embassies (don't say which one, you should pay attention to buying travel insurance in Austria).
But horizontally, due to the special national conditions, Allianz's domestic business development also has certain disadvantages.
① The domestic popularity is not high.
Although Allianz brand is relatively loud in the world, its popularity in the hearts of the domestic public is far less than that of China Ping An and China Life Insurance, and even less than that of any domestic insurance company. After all, the domestic insurance industry started late, and foreign insurance entered late. Lack of communication is an inherent disadvantage caused by the special historical environment. There is no way out.
However, with the popularization of insurance knowledge in the future and the public's demand for insurance service quality, it is not known that Allianz may gain a higher reputation in the domestic market.
② The degree of localization is not enough.
At present, Allianz doesn't have many offline outlets and branches in China, and its product sales and claims service are mostly conducted online (telephone and network). For example, its highly competitive travel insurance products are made on e-commerce platforms such as Tmall.
This is no problem for young people, even more convenient; However, for the elderly, they are more accustomed to buying insurance in places with actual outlets in the region, and Allianz seems a bit ungrounded.
③ It is strictly restricted in China.
Although the insurance business has been opened to the outside world, China has also set many restrictions on these foreign-funded enterprises, such as "allowing foreign life insurance companies to set up joint ventures in China, and the proportion of foreign-funded shares shall not exceed 50%." . Therefore, after entering China, many large foreign companies have to "marry" with large domestic companies in China in order to develop their life insurance business. Allianz's life insurance company is a joint venture with CITIC Trust, called Sino-German Allianz; The property insurance company is wholly owned by Allianz and is called Allianz Property Insurance. Off-topic, the logo of the joint venture insurance company will add elements of Chinese and foreign companies, while both Allianz companies use their own logos, and the brand strength can be seen.
In addition, regulators are very cautious about opening branches of foreign insurance companies, resulting in so few Allianz service outlets, and the regulatory environment for Chinese companies is much more relaxed.
Summary:
Allianz insurance is much more mature and advanced than domestic insurance in business, products and services, especially internationally, Allianz's strength and brand awareness are much higher than domestic insurance brands. Therefore, if you travel, work or study abroad, it is very appropriate to choose Allianz's overseas travel insurance, business insurance or study abroad insurance, which is easy to be recognized by relevant countries and more secure.
However, as far as the domestic situation is concerned, foreign-funded enterprises enter late and are strictly restricted, which makes it difficult to start a business. However, the regulatory environment of domestic insurance companies is relatively loose, and life insurance business is carried out more. Therefore, if you buy a life insurance accident insurance in China, then support domestic production.