UK insurance news

Allianz Ireland says Snap & Quote makes motor quotes 85% faster

Customers upload a photo of their current renewal or quote, and the service fills in the Allianz form for them to check.

Hand holding a phone above printed documents on a desk
Photo: Akshar Dave🌻 / Unsplash

Allianz Ireland has launched Snap & Quote, an AI service that reads a customer's existing motor insurance renewal or quote and pre-fills an Allianz quote, the insurer said this week.

Allianz Ireland said the service makes getting a motor quote 85% faster than by phone and 58% faster than completing a digital quote manually.

Customers photograph or upload their current renewal document or quote. AI extracts the policy details and fills in the online form, and the customer reviews the information and completes any missing details before receiving a quote.

Allianz Ireland said the tool extracts policy information only and does not capture the price quoted by the customer's existing insurer. It said the service is not designed to undercut an existing renewal offer and the AI does not calculate the Allianz premium.

In the UK, Ageas began offering esure car insurance quotes inside ChatGPT on 29 October, with customers completing the purchase on the esure website (Ageas).

"With Snap & Quote, we're using AI to offer another option, making it faster and easier for customers to get a motor insurance quote while retaining the personal support they know and trust," said Phillip Gronemeyer, chief executive of Allianz Ireland.

The launch came alongside the appointment of Jane Kidd as chief transformation officer and a member of the board of management. Kidd, head of retail underwriting since April 2024, will lead work on technology, data and AI, Allianz Ireland said.

Snap & Quote is available on the Allianz Ireland website and covers motor insurance only at launch, with further development planned.

Related coverage: 1st Central launches Motivo, an agentic AI motor brand built with Microsoft and AI insurance broker i23 raises £4.9m seed round from UK investors.

Sources

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