Recall insurers with innovation units below .
This new product will provide insurance cover for the marine shipping market to protect against cyber exposures on board vessels and onshore in shipping company offices.
Following closing, Allianz Group and Telefónica Group will each hold 50 percent in the joint venture company under a co-control governance model.
By more than halving the number of questions that customers would typically have to answer to get a home insurance quote, the average customer can get an online quote in under three minutes.
Although no decisions have been made as to how to achieve a full separation, the Board’s intent is to accomplish it in a way that maximizes shareholder value and establishes two independent, market leading companies.