Allianz's travel insurance division plans to reduce 1,800 positions across Europe as artificial intelligence transforms operations, CEO Tomas Kunzmann announced at a Munich event.
The move is expected to affect between 1,500 and 1,800 positions across Europe
Jul 08, 2026
05:58 pm
What's the storyAllianz, a leading global insurance and asset management company, has announced plans to cut up to 1,800 jobs in its travel insurance division.
The move comes as the company expands its use of artificial intelligence (AI) technology.
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