Lloyds Banking Group has signed a deal with Allianz Partners UK to underwrite and administer its travel insurance offering. The insurer already supplies home emergency cover to Lloyds Banking Group customers. Allianz Partners UK will provide travel cover for holders of Added Value Accounts and Ultimate Reward Current Accounts for Lloyds Bank, Bank of Scotland and Halifax.

Tim Tozer, CEO at Allianz Partners UK, said: “We are very pleased to extend our partnership with Lloyds Banking Group. Not only does Lloyds Banking Group share our customer-first operational focus, we also share the vision of using technology to make it easier for customers to engage with us.”

Lee Taylor, chief sales officer at Allianz Partners UK, added: “Although we have seen consumers start to take advantage of online services for some time, the rate of this shift has really accelerated over the past year as a result of the Covid-19 pandemic. With social distancing measures in place at bank branches and strict ‘stay at home’ guidelines enforced, even the least tech-savvy consumers have become more familiar with online banking.

“We are pleased to have been able to capture and incorporate these trends into our detailed offering to Lloyds Banking Group so that the brand is able to continue its strategic journey going forward, this being to remain at the forefront of digitalised delivery of quality customer service.”

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