Allianz to Launch Your Cover Car Insurance on Confused.com

LONDON, November 16, 2010 - Allianz Insurance has today launched its new online-only car insurance
offering, Your Cover insurance, (
www.yourcoverinsurance.co.uk/en/home.html) on leading comparison
website, Confused.com.

To celebrate the launch, Allianz is giving Confused.com users the chance
to win a MINI One, plus GBP2,000 to customise the vehicle as they choose. The
company will also be giving away an Apple iPad every week for one month
starting on the day of the launch.

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 motor insurance providers, Your Cover does not charge
administrative fees for any changes made to policies.

Andy James, head of direct customer marketing for Allianz Retail, says:
"Allianz is always looking to meet consumer demand and recognises that
comparison sites present a popular way to buy insurance products.
Confused.com receives millions of visitors each year and is an excellent
platform for Allianz Your Cover insurance." (
www.yourcoverinsurance.co.uk/en/home.html)

Notes to Editors:

1. 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.

2. 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.allianzretail.co.uk.

3. *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.

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

www.allianz.co.uk

Allianz Insurance plc is authorised and regulated by the Financial
Services Authority, Allianz Insurance plc 57 Ladymead, Guildford, Surrey GU1 1DB, Tel +44(0)1483-568161, Fax +44(0)1483-300952. For further information contact: Daniel Tunna, external communications team leader, Allianz Insurance plc, Tel: +44(0)1483-552969, Email: daniel.tunna at allianz.co.uk