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Allianz pull out of NSW?

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Noodle

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Oct 12, 2011, 9:03:12 PM10/12/11
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Hi.

Why doesn't "CIC-Allianz Insurance" pull completely out of the NSW
Compulsory Third Party Insurance market?

First of all, it has the HIGHEST premiums for all vehicle types in
NSW, for *ALL* vehicle types at all times.

Second, you cannot buy one online.

Thirdly, when you call 1300 360 340 to buy one online, the stupid
operator says "You can only purchase a CTP greenslip at Allianz Head
Office, Sydney CBD." !

As if that is going to happen!

It seems like Allianz doesn't want to even be part of this market
anymore.

So why does it even bother???

Noodle.

Bernd Felsche

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Oct 13, 2011, 1:00:02 AM10/13/11
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Noodle <ozno...@gmail.com> wrote:

Allianz are after money. By any means. No more.
--
/"\ Bernd Felsche - Innovative Reckoning, Perth, Western Australia
\ / ASCII ribbon campaign | For every complex problem there is an
X against HTML mail | answer that is clear, simple, and wrong.
/ \ and postings | --HL Mencken

Rod Speed

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Oct 17, 2011, 3:35:49 PM10/17/11
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Noodle wrote:

> Why doesn't "CIC-Allianz Insurance" pull completely out
> of the NSW Compulsory Third Party Insurance market?

Presumably there are tax reasons for why they dont.

> First of all, it has the HIGHEST premiums for all vehicle
> types in NSW, for *ALL* vehicle types at all times.

> Second, you cannot buy one online.

> Thirdly, when you call 1300 360 340 to buy one online,
> the stupid operator says "You can only purchase a CTP
> greenslip at Allianz Head Office, Sydney CBD." !

> As if that is going to happen!

> It seems like Allianz doesn't want to even be part of this market anymore.

> So why does it even bother???

Presumably for tax reasons.


Rod Speed

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Oct 17, 2011, 4:33:43 PM10/17/11
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Bernd Felsche wrote:
> Noodle <ozno...@gmail.com> wrote:
>
>> Why doesn't "CIC-Allianz Insurance" pull completely out of the NSW
>> Compulsory Third Party Insurance market?
>
>> First of all, it has the HIGHEST premiums for all vehicle types in
>> NSW, for *ALL* vehicle types at all times.
>
>> Second, you cannot buy one online.
>
>> Thirdly, when you call 1300 360 340 to buy one online, the stupid
>> operator says "You can only purchase a CTP greenslip at Allianz Head
>> Office, Sydney CBD." !
>
>> As if that is going to happen!
>
>> It seems like Allianz doesn't want to even be part of this market
>> anymore.
>
>> So why does it even bother???
>
> Allianz are after money. By any means. No more.

Does not explain why they make it so unlikely that anyone will use them for CTP insurance.


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