Daimler Financial Services and insurance giant
Allianz have signed a global insurance partnership.

With the agreement, Allianz becomes Daimler’s
strategic partner for the international automotive insurance
business in 40 countries.

The partnership doesn’t affect the existing
cooperation between Mercedes-Benz Bank and HDI Direkt Versicherungs
concerning Daimler’s German insurance business.

Karsten Crede, a board member of Allianz,
said: “We have concentrated our worldwide expertise in the global
automotive business unit so that we can form real development
partnerships with customers like Daimler”.

“We will support Daimler’s commitment to
premium quality and technological leadership by developing suitable
insurance products in order to expand the brand experience of
Daimler vehicles with an additional insurance-related element.”

Antonio Fabrizio