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Allianze Insurance

Insurance, United States, California, Los Angeles

Allianze Insurance provides comprehensive insurance solutions for individuals and businesses, ensuring peace of mind and financial security in an unpredictable world.

About Allianze Insurance

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United States of America, California state
Official Website
http://www.allianzeinsurance.com
Location Address Official Phone Email
United States of America, California state United States, California, Los Angeles **** ****
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FAQs – Allianze Insurance

How does captive insurance improve risk management?

Captive insurance encourages better risk management by providing direct financial incentives for loss prevention and safety programs. Since the parent company retains the underwriting profits, it is motivated to implement stronger risk mitigation strategies, reduce claims frequency, and maintain a safer work environment.


How does identity theft contribute to insurance fraud?

Fraudsters use stolen identities to file fake claims, obtain policies under false names, or create phantom medical treatments, resulting in financial losses for insurers and policyholders.


What is not covered by cyber insurance?

It may exclude losses from insider threats, inadequate cybersecurity measures, regulatory fines, and pre-existing vulnerabilities known before purchasing the policy.


How do I file a comprehensive insurance claim?

First, document the damage with photos and gather any relevant details (police reports if applicable). Then, contact your insurer to start the claim process. Your insurer may require an inspection before approving repairs or issuing a payout.


What happens if a policyholder dies?

If a policyholder passes away, the insurance policy continues if premiums are paid, or it may be transferred to a legal heir or beneficiary, depending on policy terms.


What is the difference between a ceding company and a reinsurer?

A ceding company issues the original policy and transfers risks, while a reinsurer assumes a portion of those risks under an agreement.


What is big data in insurance?

Big data in insurance refers to the vast amount of structured and unstructured data collected from various sources, such as IoT devices, social media, telematics, and claim records. Insurers use advanced analytics to improve risk assessment, pricing, and customer service.


Why do insurance premiums vary between individuals?

Premiums vary because insurers assess personal risk factors, such as age, occupation, medical history, credit score, and lifestyle habits, which influence pricing.


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