The head of one of Europe’s biggest insurers wants repaired and refurbished used parts replacing new equipment on electric vehicles as part of a wide ranging reform of ‘green’ working practices.
Sustainable car insurance was the focus of the 10th Allianz Motor Day, an international event hosted by Allianz centred on electric mobility as a key lever for decarbonisation, as well as green claims management to reduce CO2 emissions.
“In car insurance, we see many levers in sustainable claims management that can significantly reduce CO2 emissions,” says Klaus-Peter Roehler, member of the Board of Management of Allianz SE, responsible for the insurance business in Germany, Switzerland, Central and Eastern Europe as well as Global P&C Retail and SMC and Global Claims.
“In this context, finding suitable opportunities to repair rather than use new parts is of the greatest importance.”
The production of a new part has a significantly higher carbon footprint than a repair. “While these repair options are already being used today, we still see great potential for improvement here.
If insurers increase repair rates in Europe by just two percentage points per year, according to our experts, almost 30,000 tons of CO2emissions can be avoided, equivalent to the annual energy consumption of around 5,100 households,” explains Roehler. “This underpins our proposition to increase green repairs in the future.”
In the UK, Allianz Commercial and LV= have partnered with salvage provider Synetiq to help repairers source green parts automatically.
He also wants to see an extension of charging networks, standardisation and auditing of workshops and more all-in services offering EV users a one-stop service for all their motoring needs.