Important Update
Legitimate texts, emails and postal notices concerning the proposed settlement of the Allianz class action were sent by Maurice Blackburn between 14 and 24 January 2025. These were sent from “MBLawyers” via text and addonclassaction@mauriceblackburn.com.au via email.
The deadline for group members to object to the proposed settlement, which was 4:00pm (AEDT) on 10 February 2025, has now passed. There is nothing else that group members need to do in response to the notice.
What’s next?
- The parties have agreed to settle the Allianz class action for $170 million (inclusive of costs) without admission of liability. The settlement is subject to the approval of the Court. The Court will hold a hearing to decide whether to approve the settlement on 11 March 2025 at 10.00am. (AEDT) in the Supreme Court of Victoria.
- Important information about the proposed settlement is set out in the full Notice of Settlement.
- There is nothing that group members need to do at the moment. Maurice Blackburn will contact registered group members about next steps in due course.
- If you lodged an objection to the proposed settlement, you, or your legal representative must attend the settlement approval hearing (unless the Court orders otherwise). Group members who did not lodge an objection are not required to attend the hearing.
- For any enquiries, including if you have already registered and would like to update your contact details, please contact Maurice Blackburn via addonclassaction@mauriceblackburn.com.au. You should not send any enquiries to Johnson Winter Slattery.
More information can be found on the Supreme Court of Victoria website.
Overview
If you purchased a car or motorcycle and were sold Allianz or Allianz Life “add-on” insurance products by the dealership, you may be eligible for compensation. These “add-on” insurance products include:
- Loan Protection Insurance (also referred to as “repayment insurance” or “consumer credit insurance”);
- Motor Equity Insurance (also referred to as “guaranteed asset protection insurance”, “GAP insurance”, “shortfall insurance”, “purchase price insurance” or “value protect insurance”);
- Extended Motor Warranty; and
- Tyre and Rim Insurance.