- Allianz and Numbrs have entered in a cooperation for purchasing insurance coverage on mobile devices.
- Starting immediately, the first Allianz product “Mein Haushalt” (“My Household”) is available in Germany via the Numbrs app in the Money Store — a few minutes are enough to apply via a smartphone.
- This cooperation allows Numbrs to expand its product range for insurance solutions.
Starting immediately, the leading insurance Allianz is cooperating with Numbrs. As a result of the partnership, the two companies can now offer a simple solution for users of the Numbrs app to purchase high-performance insurance products — in just two minutes, entirely via their mobile devices.
To coincide with the start of the cooperation, the product “My Household” from Allianz Germany is now available via the mobile Numbrs app in the “Money Store.” “My Household” is a simple, understandable and affordable entry-level product that allows young people to purchase private insurance coverage. In addition, Allianz Partners’ full travel insurance offering will be available on Numbrs in the course of the year. More offers are to follow.
“We have been witnessing a clear trend towards mobile banking for years, and not just among the ‘digital natives.’ Our users are accustomed to organizing their lives entirely via their smartphones and expect a product range in the financial services sector that covers all areas of life. In particular, this also includes insurance. We are delighted to have found a renowned partner in Allianz with whom we can offer not only high-performance products but also jointly simplify the purchase of insurance coverage, thus making it user-friendly,” says Martin Saidler, founder and CEO of Numbrs Personal Finance AG.
“The cooperation goes beyond product offerings for the Money Store — we also want to work together to develop fast and simple application processes as well as new functionalities for mobile applications,” says Rainald Kirchberg, Head of Bancassurance & Project Management at Allianz Beratungs und Vertriebs AG. “Our core competencies as an insurer and the know-how of the technology company Numbrs can therefore complement each other very well.”
With over two million downloads and 1.5 million bank accounts under management, Numbrs is one of the most well-known and widely used financial apps in Germany. Since the end of 2017, users of the Numbrs app have been able to apply for and acquire selected bank accounts, loans, credit cards and insurance coverage from leading financial institutions paperless and mobile via the Money Store. The Money Store is an independent distribution platform for financial products and is available as a function within the Numbrs app.