Allianz Launches Your Cover Insurance on Gocompare.com

LONDON, April 18, 2011 - Allianz Insurance's new online-only car insurance
(www.yourcoverinsurance.co.uk/en/products/car_insurance.html)
offering, Your Cover insurance, is now available on leading comparison
website, Gocompare.com.

Your Cover insurance (
www.yourcoverinsurance.co.uk/en/home.html), which is already available
from www.yourcoverinsurance.co.uk, has been developed following
research with over 4,000 consumers*. The product provides customers with the
flexibility to build their own bespoke policy and choose the level of cover
to suit their individual lifestyle and needs.

Customers can purchase a basic level of comprehensive cover
and then add up to 14 optional insurance covers such as Breakdown, Foreign
Travel and Roofbox and Trailer Cover.

Policyholders can also select the level of excess that is
right for them and, unlike many car insurance providers, Your Cover does not
charge administrative fees for any changes made to policies.

Andy James, head of direct for Allianz Retail, says: "Allianz
is always looking to meet consumer demand and Your Cover insurance provides
the flexibility to build a tailor-made car insurance policy with a level of
cover to suit individual needs. This ultimately allows customers to have more
control over their premium costs."

He added: "Gocompare.com is one of the most comprehensive
insurance comparison services in the UK. Their commitment to finding
customers the right product at the best price makes them another great
partner for Your Cover insurance."

Scott Kelly, head of car insurance at Gocompare.com, said:
"Our aim is to provide a car insurance panel that not only offers competitive
quotes, but also caters for a varied range of risks. Your Cover insurance
provides our customers with the flexibility to pick and choose their cover -
helping to deliver competitive quotes and allowing policyholders to control
their premiums."

Notes to Editors:

1. Gocompare.com launched in November 2006 to help people find
the right insurance cover at the right price. It was founded by Hayley
Parsons who has worked her entire career in the insurance broking and
aggregator markets and was the first comparison site to focus on displaying
product features rather than just listing prices. It was this philosophy that
led to Gocompare.com becoming the first price comparison site to be invited
to join the British Insurance Brokers Association (BIBA) in May 2008 and
helped force older comparison sites to change their 'quick quote' ways and
stop using assumptions to calculate Estimated figures. Today, Gocompare.com
provides one of the most comprehensive online car insurance comparison
services in the UK as well as comparing home, pet, motorbike, van insurance
and breakdown cover. Gocompare.com is authorised and regulated by the
Financial Services Authority.

2. Allianz Insurance is one of the largest general insurers in
the UK and part of the Allianz SE Group, the largest property and casualty
insurer worldwide. Reassuringly in these uncertain financial times, in July
2010 the Standard and Poor's rating for Allianz Insurance was reaffirmed as
AA- with a stable outlook and the rating of Allianz SE was also reaffirmed as
AA with a stable outlook. Also in July 2010, Allianz Insurance won the
General Insurer of the Year title at the prestigious British Insurance
Awards, the third time the Company has won the award in the last six years.

3. Allianz Retail provides a wide range of personal lines
products distributed through brokers, retailers, affinity partners,
veterinary practices and direct marketing. For more information please visit
to www.allianz.co.uk

4. *A survey of 4,000 motorists aged 18+ living in the UK was
carried out by the Clear Ideas Research Company on behalf of Allianz
Insurance.

5. Your Cover quotes are available online at
www.yourcoverinsurance.co.uk.

For further information contact: Daniel Tunna, external communications team leader, Allianz Insurance plc, Tel: +44(0)1483-552969, Mobile: +44(0)7891-486640, Email: daniel.tunna at allianz.co.uk; Lynsey Walden or Anders Nilsson at Gocompare.com on +44(0)1633-654-055 / +44(0)1633-657-599