logo
logo

RAA partners with Allianz in $642M deal to enhance insurance offerings

RAA partners with Allianz in $642M deal to enhance insurance offerings

12/21/24, 6:46 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgadelaide
Money
$642 million
Industry
travel
Type
partnership
RAA has announced a 20-year partnership with Allianz Australia aimed at improving insurance offerings and value for RAA members. The deal involves Allianz's acquisition of RAA's general insurance business and an exclusive distribution agreement for the Home and Motor insurance product lines of RAA. Allianz will bring their expertise to over 800,000 RAA members and manage claims and underwriting insurance policies under the RAA brand.

Company Info

Company
RAA
Location
adelaide, south australia, australia
Additional Info
RAA is an Australian motoring club and mutual organisation, providing a range of services including vehicle insurance, travel and home security.