Allianz Blog

Indemnity – a simple concept?

Let’s start with a simple statement:

In accepting and dealing with your claim, your insurance company aims to restore you to the same financial position as you were in beforehand. This is known as the principle of Indemnity.

Let’s look at 2 simple examples of Indemnity in Motor and Home Insurance:

Motor

Where your motor insurance company accepts a claim for damage to your car they will either arrange for it to be repaired or, if it is deemed uneconomical to repair, they will make you a cash offer based on the cars’ current market value. Market value is the amount that you would reasonably pay for the car at the relevant t...

Allianz Announce Sponsorship of Leona and Lisa Maguire

Allianz has announced its sponsorship of Irish golfers, and recent Duke University graduates, Leona and Lisa Maguire as they begin their professional golfing careers as they go on to represent Ireland on the world stage for the first time at the ShopRite LGPA Classic.

The Maguire sisters join a stellar line up of Allianz brand ambassadors including; former Ryder Cup captain Paul McGinley, Paralympic athletes Jason Smyth, Ellen Keane and Michael McKillop and world record runner Sinead Kane.

Allianz’ support of sport in Ireland also includes Allianz Football & Hurling Leagues, Allianz Cumann na mBunscol and the Allianz Wo...

Acting in Good Faith Is of Utmost Importance

An insurance policy is a contract between the policyholder and the insurer. The policyholder pays a premium. In return the insurer provides the agreed insurance cover.

The parties to an insurance contract must be honest with each other and must not hide any information relevant to the contract from each other. This is known as the principle of Utmost Good Faith.

It is important to the insurer that they have a full and accurate picture of the risk that is proposed to them. Most of us will have bought car and/or home insurance and will be familiar with the type of questions asked by insurers, relating to the person making...

Top Tips for Preparing to Sell Your Car

Have you found your dream car but need to sell your old one first? Perhaps you are trading up, downsizing or just need the cash. Well, there are plenty of things you can do to get the most money for your car.

We've put together a list of useful tips to help you get the most money when it comes to selling on your car. Following this advice will make your car look far more attractive to buyers making sure they close the deal with you and not someone else.

Get Your Car Looking Its Best

If you have the money, getting your car professionally cleaned will go a long way towards adding to its value. A full valet can cost anywher...

Allianz Para European Swimming Championship 2018

With just weeks to go, we look forward with excitement to the Allianz World Para European Swimming Championship, which takes place in Dublin’s National Aquatic Centre between August 13th and 19th. Following a successful Paralympic Ireland bid in 2015, this eagerly awaited event is literally 3 year’s in the making and will the first ever international Para Swimming event to be held in Ireland. Team Ireland will take on the very best that Europe has to offer in what will be many memorable encounters, as incredible athletes compete for merit over the 6 days of competition. There will be an endless supply of thrills and s...

GDPR in Allianz

Here at Allianz Ireland we take data privacy very seriously. So we see the introduction of General Data Protection Regulation (GDPR) as an opportunity for us to continue our excellence with data privacy and have been preparing for its introduction over the past two years. We know a lot has been written about GDPR and we have prepared the following frequently asked questions to help You our customer to better understand what GDPR will mean for You, and to make You aware of our obligations to You when the new legislation comes into effect on May 25th, 2018.

What is GDPR?GDPR stands for General Data Protection Regulation ...