Allianz Retail has secured a multi-year deal to provide affordable pet insurance to The Co-operative Insurance.
Underwritten by Allianz, The Co-operative Insurance will be offering comprehensive cover with a range of flexible add-ons, so that customers can tailor policies to meet their individual needs.
The partnership marks the Corporate Partner team’s entry into the pet insurance market, a key part of its long-term strategy to build upon the Allianz Group’s animal health expertise.
Lee Mooney, Head of Pet Insurance at The Co-operative Insurance, said: “Allianz demonstrated a clear understanding of The Co-operative Insurance brand and were able to deliver an extremely innovative product. The company has significant animal health expertise in the UK and the Corporate Partner team has a track record of delivering profitable growth for its clients – we have every confidence that this will be an extremely successful partnership.”
Mike Caidan, head of sales for Allianz Corporate Partner, comments: “This partnership is a really important part of our Corporate Partner strategy. The product has been created especially to meet the needs of The Co-Operative Insurance and its customers, providing flexible pet insurance tailored to individual requirements.”
He adds: “We have developed a profitable and sustainable trading model and have the appetite and capability to grow our client base further. We look forward to living The Co-operative insurance brand throughout this relationship.”
Source : Allianz Press Release
