Allianz SE is a global financial services company headquartered in Munich, Germany, and one of the world’s largest insurers and asset managers. The group offers property-casualty, life and health insurance, asset management, and assistance services to retail and corporate clients in more than 70 countries. Allianz operates through a network of subsidiaries and brands, serving over 100 million customers worldwide.
Think of this as comparing two types of "risk calculators" for insurance: the old, simple one is like a basic spreadsheet formula; the new explainable-AI one is more like a smart assistant that can capture complex patterns but also tells you, in plain terms, why it thinks a customer is high or low risk.
This is like plugging a smart insurance mini‑app directly into other companies’ websites and apps. When a customer buys a flight, a gadget, or books a trip, Chubb’s AI quietly figures out the right kind of insurance, price, and wording for that specific customer and moment, and offers it in one click without sending them to a separate insurance site.