Allianz UK has stepped up its decarbonisation efforts with a pledge to shift its fleet entirely to electric vehicles (EVs) by 2030.
In 2025, the insurer began trialling a new vehicle ordering process designed to accelerate the move away from petrol and diesel. So far this year, it has ordered 160 new electric cars, bringing the total number of EVs in its UK fleet to 307. That figure now accounts for 28% of its total vehicles.
To support the rollout, Allianz tested a wide range of models with an employee panel, including adapted vehicles for drivers with different physical needs. Its procurement team also introduced a new driver app, allowing staff and managers to log mileage and emissions more accurately.
The initiative forms part of Allianz UK’s wider sustainability strategy, which targets a 70% cut in greenhouse gas emissions per employee by the end of the decade. The company reported a 47% reduction per employee in 2024 against a 2019 baseline.
The shift also reflects wider trends in the motor insurance sector, where the rise of EVs is reshaping risk and claims patterns. While electric vehicles generally have lower servicing needs and contribute to reduced emissions, they can also be more expensive to repair after accidents, particularly because of the complexity and cost of battery systems. For insurers, this has meant adjusting underwriting approaches and claims strategies to keep pace with new risks.
For Allianz, the commitment to an all-electric fleet is not only a step toward meeting net-zero goals but also an opportunity to build deeper expertise in the EV market that could influence its own insurance products. As more businesses and individuals transition to electric cars, demand for tailored fleet and motor policies is expected to rise. Allianz’s experience managing its own EV fleet could give it an advantage in developing products that account for evolving risk factors, from battery replacement costs to access to specialist repair networks.
The fleet transition also aligns with EV100, a global campaign that brings together companies committed to scaling up electric vehicle adoption.
