Press Releases   •   Oct 07, 2015 09:00 BST

Allianz Legal Protection (ALP) has developed a bespoke After the Event (ATE) insurance solution for inheritance act disputes.



Press Releases   •   Oct 05, 2015 09:00 BST

Allianz Claims has enhanced its division by creating a new role that will more strongly position and align its claims strategy and customer promise.



Press Releases   •   Oct 01, 2015 10:10 BST

Allianz has today announced its new panel of loss adjusters following a thorough tender process.



Press Releases   •   Sep 18, 2015 14:41 BST

The contents of Brits’ wardrobes are worth a staggering £38.5 billion, Allianz Insurance’s ‘Britain’s Cost of a Wardrobe Report*’ reveals. It looked at the nation’s shopping habits to identify the price tags attached to the contents of our wardrobes, finding the average wardrobe is worth £769. Women value their wardrobes at £856 compared to £677 for men.

A growing British obsession with fashion and the desire to look good – fuelled by online fashion tools and the growth of websites such as ASOS means that as a nation, we now care about our wardrobes more than we ever have. Shopaholic Brits shell out an average £63 per shopping trip, hitting the shops once a fortnight, with men and women splashing out almost the same (£61 and £64 respectively). The average shop – online or on the high street – lasts 70 minutes.

Indeed, more than a quarter (27%) of Brits admit to clothes choices being influenced by celebrities, with Londoners (36%) and the North East (35%) being the most avid followers of fashion, according to the Britain’s Cost of a Wardrobe Report from Allianz Insurance.

Love thy wardrobe

Jackets and coats tend to be our most valued item of clothing for one in five of us (20%). Over a third (35%) of Brits who have a most valued item of clothing confess it’s the most expensive one they own. The average value of the most expensive item in our wardrobe is £165. This compares to £216 for Londoners and £193 in the North East and in contrast, the average value of the most expensive wardrobe item in Wales is £126.

We take extra care of our most valued item with nearly one in five (18%) keeping it in a dust bag, almost two fifths (39%) saving it for special occasions and four per cent simply not wearing it!

However, more than a quarter of Brits have either lost an item of clothing or had one stolen (27%).

Tim Pitts, head of home and motor at Allianz Insurance, said: “It’s worrying that almost a third of Brits have fallen victim to theft of clothes, or lost a favourite item. Our Cost of a Wardrobe Report shows clothes mean a lot to us, they’re an expression of who we are and we treat our favourite items with extra care – in some cases, we don’t even wear them. For some of us, our favourite items are irreplaceable, perhaps bought for us by a loved one, but for many of us, they are simply the most expensive.”

Cut from the same cloth?

The contents of women’s wardrobes are worth 26% more than their male counterparts (£677, compared to £856 for women). However, men enjoy hitting the shops just as much as women; more than two fifths would pick hitting the high street over surfing the internet for new clothes (43%).

Tim Pitts continued: “We spend a lot of time shopping around for clothes, and although shopping itself can be a chore – we love a bit of retail therapy – we spend a large slice of our salaries updating our clothes rails, so much so that as a nation, our wardrobes are worth a staggering £38.5 billion.

“Replacing expensive items can burn an unnecessary hole in your pocket. Having the right home insurance in place can provide the peace of mind that you will be able to replace your favourite items in the unfortunate incident of loss or theft.”


For more information please visit: https://www.allianz.co.uk/home-insurance.html

Notes to editors:

*Research carried out by One Poll between 04.09.15 and 09.09.15 on a survey of 2000 UK adults. £38.5billion calculation worked out by calculating UK adult population (50,087,000 x wardrobe value - £768.86 = £38,509,890,820)

For more information please contact:

Rachel Dakin, Lansons, 0207 294 3661AllianzInsurance@lansons.com

This online survey was commissioned by Allianz and conducted by market research company OnePoll, in accordance with the Market Research Society code of conduct. Data was collected between 07/09/2015 and 09/09/2015. All participants in the survey are double opted in to take part in research. They are paid per survey (the payment differing depending on the length/time taken). This survey was overseen and edited by the OnePoll research team, who are members of the MRS.

About Allianz

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide. Around 85 million private and corporate customers rely on Allianz's knowledge, global reach, capital strength and solidity to help them make the most of financial opportunities and to avoid and safeguard themselves against risks. In 2014, over 147,000 employees in more than 70 countries achieved total revenues of approximately 122.3bn euros.

Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.

• Most expensive wardrobe item is worth £165 on average • One in four Brits has had an item of clothing lost or stolen • Allianz Insurance launches Britain’s Cost of a Wardrobe Report

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Press Releases   •   Sep 17, 2015 10:20 BST

Allianz Insurance has appointed Tony Newman as head of motor claims. In his new position Tony will be primarily responsible for motor claims strategy, processes, indemnity spend, and market activity.



Press Releases   •   Sep 11, 2015 09:59 BST

Allianz’s award-winning Scholarship Programme, which actively supports brokers to achieve their CII Diploma in Insurance in 18 months, celebrated the graduation of its first intake of personal lines scholars with a special event hosted by Allianz Retail general manager, Neil Brettell.



Press Releases   •   Sep 09, 2015 09:00 BST

Allianz has welcomed its second intake of students onto its One Year Placement Scheme. Alex O’Farrell, Joseph Hennessy, both from the University of Surrey, and Tobias Duggan University of Bath, will be the second group to take part in the programme specifically created for university students looking to gain professional experience before entering the workplace.



Press Releases   •   Sep 03, 2015 09:30 BST

Allianz Engineering has strengthened its management team with the promotions of Natalie Holbrook and Anneke Graham. The moves come as the division looks to push forward with an ambitious growth plan.



Press Releases   •   Aug 18, 2015 14:04 BST

Recent controversy surrounded the comments made by the new President of the  National Police Chief’s Council (NPCC) Sara Thornton, who said that the public should  not expect to see a police officer after reporting certain crimes such as burglary.

Allianz research has found:

- 90% of the public expect the police to come to their home following a burglary

- 56% of people expect the police to arrive within one hour of the burglary being reported

- Only 15% of people have any optimism that the burglar will be caught.

A survey of 1,500 people commissioned this week by one of the UK’s largest insurers, Allianz, has revealed that a significant majority of people expect the police to do their duty and attend the victim’s home following a domestic burglary.

Allianz also found that the police play a valuable part in helping people get over the trauma of a burglary. 76% of respondents said they felt the police coming to their homes and taking details of the burglary would help because it would feel like ‘something was being done’.

Getting at least some of their belongings back might be of some consolation to the victims of a burglary, but unfortunately the results of a recent Freedom of Information Request submitted by Allianz shows there is little prospect of good news. In response to the FOI, the Home Office reported that stolen items are not recovered in 87% of reported domestic burglaries. Of the 13% where there is a recovery, the value of the goods recovered is less than half the value of the items stolen.

David Watkins, Allianz’s Head of Property Claims said:

"The police clearly have a role to play in helping victims get over the psychological trauma of being burgled. Our research shows that having your home and your sense of safety violated by a burglar can be emotionally traumatic so it makes perfect sense that the presence of the police is reassuring."

During 2015, Allianz has been conducting research into domestic burglary and its emotional impact on the victims and the company found:

  • On average it takes eight months for a burglary victim to feel safe in their home again
  • Only 45% of burglary victims will ever feel completely safe in their home
  • 1 in 10 victims move house as a direct result of being burgled
  • David Watkins said:

    "As an insurer we are used to dealing with thousands of burglary claims every year so we know how traumatic it can be for our customers, particularly when they tell us that the stolen items had great sentimental value. We try and help them by providing helpful information and by highlighting the support available from the charity, Victim Support."

    He added:

    "Prevention is always better than cure so we would encourage people to review their home security measures to see if anything can be improved, such as fitting better locks, security lighting or even having a burglar alarm installed. We know that there is more people can do because our survey also found that nearly half of people either improved or added locks to their home after they had suffered a burglary."


    Media Notes:

    1. The survey looking at the public’s views on the police attending domestic burglaries was carried out on Tuesday, 11 August. The survey was carried out by the independent market research company, OnePoll.

    2. The statistics relating to the recovery of stolen items following a domestic burglary were provided by The Home Office on 29, July 2015, following a Freedom of Information request submitted by Allianz.

    3. Allianz is one of the UK’s largest insurers and insurers approximately 350,000 homes. In 2014 Allianz paid out over £1.2bn in claims to its customers.

    4. Media Contact: Mark Bishop, Corporate Communications Manager.

    Email: mark.bishop@allianz.co.uk

    Telephone: 01483 552731

    Mobile: 07802 925053

    Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.

    Controversy surrounded the comments made by new President of the National Police Chief’s Council (NPCC) Sara Thornton, who said the public shouldn't expect to see a police officer after reporting certain crimes such as burglary. A survey of 1,500 people commissioned this week by Allianz, has revealed that a significant majority expect the police to attend the victim’s home following a burglary.

    Read more »


    Press Releases   •   Aug 14, 2015 12:33 BST

    Allianz Insurance has appointed Stacey Keen to its Retail division as broker partnership manager.

    Contacts 3 contacts

    • Press Contact
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    • mark.bishop@allianz.co.uk
    • 01483 552731
    • 07802 925053

    • Press Contact
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    • epamcoy.youkrstoyqn@allianeijqz.oheuco.ujok
    • 01483 552632
    • 07794266474

    About Allianz Insurance

    Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.


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