Allianz Partners signs five-year deal with travel insurance provider

Allianz Partners UK has signed a five-year partnership deal with travel insurance intermediary Coverwise.

In this partnership, Allianz’s travel and specialty insurance division will provide underwriting, claims handling and emergency medical assistance to all customers across Coverwise and its Southdowns brand.

These newly backed policies can be selected using UK comparison websites. 

The expanded partnership builds on an existing relationship between the two companies, in which Allianz Partners currently provides dedicated gadget protection covering devices including phones, tablets, laptops and smartwatches against loss, theft and accidental damage.

Marcus Latchford, chief sales and distribution officer for the UK and Ireland at Allianz Partners, said: “Coverwise is one of the UK’s leading travel insurance intermediaries and we’re delighted to extend our partnership with them.

“We want to be where our customers are, offering them the quality and service they’d expect from the UK’s number one travel insurer, however they choose to buy.”

Collaboration 

The new agreement seeks to combine Coverwise’s established position in the comparison market with Allianz Partners’ end-to-end travel insurance expertise.

Mark Shaw, chief executive at Coverwise, said: “Today’s travellers want to know they’re getting great value without compromising on cover and our goal is always to offer the best protection possible.

“Working with Allianz Partners brings market-leading support and assistance to our Coverwise and Southdowns brands, ensuring our customers are well supported if things don’t go to plan while travelling.”