Allianz X

Allianz X to acquire Innovation Group Allianz X acquires insurtech pioneer simplesurance Allianz X co-leads USD 315 million funding round in U S insurtech Pie Insurance Allianz X teams up with WeLab to invest in Indonesian digital banking market

Allianz X co-leads USD 250 million Series F investment round in cyber insurtech Coalition, Inc.

Allianz X leads funding round of London-based fintech OpenGamma Allianz X invests in digital frontrunners in ecosystems relevant to insurance and asset management

In just a few years, its portfolio has grown to more than 25 companies and AuM of over 2 billion euros Allianz X has counted 11 unicorns among its portfolio so far The heart and brains behind it all is a talented team of around 40 people As one of the pillars of the Allianz Group’s digital transformation strategy, Allianz X provides an interface between Allianz Operating Entities and the broader digital ecosystem, enabling collaborative partnerships in insurtech, fintech, and beyond As an investor, Allianz X supports mature digital growth companies to take the next bold leap and reach their full potential

Stripe is a technology company that builds economic infrastructure for the internet Businesses of every size — from new start-ups to public companies like Salesforce and Zoom Video Communications — use Stripe’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models Over the long term, Stripe aims to increase the GDP of the internet

Since its founding in 2013, WeLab has established itself as one of the leading digital financial service providers in Asia Its services include digital banking services and loans for private customers, a digital lending platform to connect lenders and borrowers, as well as a number of technology-driven services to support financial institutions in their lending processes WeLab currently operates in Hong Kong, mainland China, and Indonesia In total, WeLab has close to 50 million retail customers and 700 corporate customers Based in Hong Kong, the company operates WeLab Bank, one of the first fully-licensed digital banks in Asia, which received its licence in early 2019 WeLab operates with a high-performance technology platform based on many innovations developed in-house – such as a proprietary risk management system based on Artificial Intelligence and a patented privacy computing solution that ensures the secure transfer of sensitive data

Pie Insurance is a leading digital provider of workers’ comp insurance for small businesses in the U S Thanks to a unique combination of proprietary data and advanced analytics, Pie is able to create automated, precisely-tailored offers for most customers almost instantly The high quality of the data analytics enables, on the one hand, fair prices for customers and, on the other, low loss ratios for Pie Insurance Pie also offers insurance agents access to its easy-to-use platform, so they can make fast and fitting offers to their customers

Allianz X to invest in GT Motive

Allianz invests in quality used car platform heycar and becomes insurance & services partner

Allianz X leads USD 118 million funding round of U.S. insurtech Pie Insurance

Allianz X supports Stripe’s expansion in Europe

Allianz X and CLARK seal deal on finanzen Group, forming one of world’s largest insurtechs