Allianz announces Allianz EV Shield with industry first on-the-go charging coverage

Allianz General Insurance Company (Malaysia) Berhad (Allianz General) launched a new insurance coverage – the Allianz EV Shield for electric cars under the Private Car Comprehensive policy featuring an industry first coverage of on-the-go charging, allaying concerns among car owners for stalled EVs out of charge. The event was held in Sentul Depot, Kuala Lumpur on Wednesday.
In an industry first piloting in the Klang Valley, the Allianz EV Rangers, provides on-the-spot charging enough to cover the range towards the nearest charging facility.

In a speech to members of the audience, Allianz Malaysia CEO Sean Wang commented on the EV Shield’s differentiating factor.
“Allianz General continues to define what roadside assistance means for the customer. With our latest product, we have identified common touchpoints of mishap and have designed solutions holistically. For example, if you are out of battery on the way to catch a flight, our Allianz EV Rangers will zip to you, charge your EV battery enough and set you on your way.”

Customers with Allianz EV Shield can also expect benefits covering the various touchpoints involved in powering up an EV including - RM15,000 for losses or damages due to fire, theft and natural causes to wall boxes and RM2,000 for losses due to fire, theft and accidental causes for portable charging cables.

If mishap occurs while charging using a public EV Charger, a compassionate cover of up to RM5,000 is afforded to the customer for the cost of repair or for medical expenses if the vehicle is damaged and the insured suffers bodily injuries. Furthermore, the insured is covered up to RM50,000 for third-party bodily injury and property damaged caused by the Insured’s direct use of an EV home wall charger.

Alluding to Allianz Malaysia’s best-in-class roadside assistance, Sean Wang continued:
“With our EV Shield, our customers will be entitled to the same premium experience they have come to love. In the unfortunate event of an accident, leave it to our Road Rangers to take over. Our customers will not be forced to endure intimidation by touts who insist on bringing their vehicles to questionable workshops. We work hard to ensure that all the tediousness ends with the accident or breakdown.”

The Allianz EV Shield is the latest insurance product in a suite of comprehensive insurance solutions and roadside assistance provided by the industry leader in motor insurance solutions.
For more information on the Allianz EV Shield, visit