Insurer profile

Allianz European Reliance Single Member Insurance S.A.

Allianz European Reliance (Allianz Greece) is a member of the global Allianz Group and has been active in the Greek private insurance and asset management market since 1991. Following its legal merger with Ευρωπαϊκή Πίστη in 2025, it operates as the largest insurer in the Greek non-life segment, offering motor, property, health, life, pension and business insurance solutions to over 220,000 customers across Greece and Cyprus.

Source
Legal entity
Allianz European Reliance Single Member Insurance S.A.
Headquarters
Chalandri, Attica, Greece
Parent group
Allianz SE
Regulator
Bank of Greece – Directorate for the Supervision of Private Insurance
Phone
+30 210 8119500
Email
customercontact@allianz.gr
Last verified
May 10, 2026
Official website

Products from Allianz European Reliance Single Member Insurance S.A.

motor

My Motor Basic – Third Party Liability

Mandatory third-party liability motor insurance covering bodily injury and property damage to third parties, with roadside assistance valid across the EU/EEA.

motor

My Motor Basic Plus – Third Party Liability Plus

Includes all My Motor Basic covers plus key replacement and personal accident coverage for the driver.

motor

My Motor Complete – Fire, Theft & Natural Perils

Combines My Motor Basic Plus covers with additional protection against fire, theft, natural phenomena and glass breakage.

motor

My Motor All Risk – Comprehensive Motor Insurance

The most complete motor plan, adding own-damage cover from collision, overturning and rollover to all My Motor Complete benefits, including a new-vehicle value guarantee.

property

Home Insurance (All House)

Comprehensive home insurance covering the building and/or contents against fire, theft, natural disasters and other perils, with optional earthquake cover qualifying for ENFIA discount.

health

Health Insurance (Hospital & Medical)

Individual and group health insurance programmes covering hospitalisation, outpatient care and medical expenses at partner hospitals in Greece and abroad.

life

Family Life Insurance – Family Care

Term life insurance product providing a lump-sum benefit up to 10 times the monthly income of the insured for up to 15 years in the event of accidental death.

life

Investment-Linked Insurance (Unit Linked)

Unit-linked life insurance products combining life coverage with investment in mutual funds, designed for retirement savings and capital accumulation.

life

EasyLife – Quality of Life Insurance

A daily-life assistance and quality-of-life insurance product covering minor everyday incidents and providing peace of mind 365 days a year.

life

Ασφαλιστικός Γονέας – Free Accidental Death Cover

A free-of-charge accidental death insurance policy offered by Allianz to all Greek residents aged 18–70, providing the family with up to €1,500/month in purchases for one year, linked to everyday shopping rewards.

health

Personal Accident Insurance

Personal accident insurance providing financial protection against injuries, disability or death resulting from accidents.

property

Business Insurance – Commercial Property & Business Interruption

Business property insurance covering buildings and contents against material damage, with business interruption cover for lost income, rent and operating expenses.

health

Group Employee Insurance (Health, Life & Accident)

Group insurance programmes for businesses covering employees for health, life and personal accident, tailored to the specific needs of each company.

financial

Pension & Savings (Retirement) Insurance

Insurance-based savings and pension accumulation plans enabling customers to build a retirement fund through regular or single premium payments, with flexible investment profiles.

travel

Travel Insurance – Single Trip

Single-trip travel insurance for travel within Greece or worldwide, covering medical expenses, emergency assistance and other travel-related risks.

travel

Travel Insurance – Multi-Trip Annual

Annual multi-trip travel insurance policy for frequent travellers covering multiple trips within Greece or worldwide under a single policy.

travel

Travel Cancellation Insurance

Travel insurance covering cancellation costs and unforeseen incidents that may prevent the insured from travelling as planned.

travel

Student Abroad Insurance

A custom-made insurance programme for students studying abroad, covering medical and assistance needs during their academic stay.

other

Photovoltaic System Insurance

Specialist insurance for photovoltaic (solar) systems protecting against physical damage and related risks, a pioneering product first introduced to the Greek market by Allianz.

Regulatory updates

In 2023, the Bank of Greece approved the merger of Allianz Hellas and Ευρωπαϊκή Πίστη by absorption, with a full portfolio transfer completed and the combined entity rebranded as Allianz Ευρωπαϊκή Πίστη Μ.Α.Α.Ε. In May 2026, Allianz SE and the National Bank of Greece (NBG) signed a Memorandum of Understanding for NBG to acquire a 30% minority stake in Allianz Greece and enter a 10-year exclusive bancassurance agreement, subject to regulatory approvals. The insurer's solvency ratio stood at 160.40% for 2021, well above the 100% regulatory minimum.

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