Updated September 28, 2026 · AssureCue Editorial Team
123Seguro vs Allianz Malaysia
123Seguro
Allianz Malaysia
Higher score in this comparison
123Seguro vs Allianz Malaysia: the differences
| Compare | 123SeguroReviewSee alternativesSee alternatives | Allianz MalaysiaReviewSee alternativesSee alternatives |
|---|---|---|
| Insurance types | Auto, Home, Life, Health, Breakdown | Auto, Motorcycle, Home, Landlord, Travel, Life, Health, Critical illness, Income protection, Breakdown, Home emergencyCovers more |
| Provider type | Broker | Insurer |
| Claims channels | Online claims form, WhatsApp, Self service portal, Phone, Free legal advice | App, Online portal, Phone, Branch, Agent |
| Age range | Adults only, minors not accepted | Not confirmed |
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Key differences
- Allianz Malaysia scores higher overall: 9.5 vs 9.1.
- Founded is lower at Allianz Malaysia: 2001 vs 2010.
- 123Seguro is available in 4 more countries.
- Insurance types: only Allianz Malaysia offers Motorcycle, Landlord, Travel.
- Claims channels: only 123Seguro offers Online claims form, WhatsApp, Self service portal.
- Claims channels: only Allianz Malaysia offers App, Online portal, Branch.
- Support channels: only 123Seguro offers Chat.
- Support channels: only Allianz Malaysia offers Community.
Our verdict on each
123Seguro
123Seguro suits adults in Argentina who want car, home, life, health and breakdown cover arranged through a single broker, and the median listed price here is €8.37. It is registered with the Superintendencia de Seguros de la Nacion, and support runs on chat, email and phone.
Allianz Malaysia
Allianz Malaysia is an insurer that writes cover directly, and it has traded since 2001 from MY. It suits Malaysian households, motorcyclists and landlords who want a single provider across auto, home, travel, life, health, critical illness, income protection and breakdown, with claims handled in the app, at a branch or through an agent.
Score breakdown
| Area | 123Seguro | Allianz Malaysia |
|---|---|---|
| Offer | 9.7 | 9.9Higher |
| Trust | 8.7 | 9.3Higher |
How they place
| Ranking | 123Seguro | Allianz Malaysia |
|---|---|---|
| Car insurance | 128 of 375 | 57 of 375 |
| Home insurance | 117 of 273 | 41 of 273 |
| Life insurance | 116 of 263 | 37 of 263 |
| Health insurance | 93 of 216 | 34 of 216 |
| Business insurance | 76 of 147 | 30 of 147 |
| Breakdown cover | 28 of 53 | 9 of 53 |
Every fact side by side
| Fact | 123Seguro | Allianz Malaysia |
|---|---|---|
| Legal entity | EURO SECURITY S.A. (CUIT 30-70805926-5) | Allianz Malaysia Berhad (197201000819) |
| Headquarters | Argentina | Malaysia |
| Founded | 2010 | 2001Lower |
| Support channels | Chat, Email, Phone, Help centre | Phone, Email, Help centre, Community |
Pros and cons
123Seguro
Pros
- A single broker handles several lines, auto, home and life, for car, home, life, health and breakdown.
- Support runs on chat, email and phone, and auto claims can start through online claims form, WhatsApp and self service portal.
- The median listed price here is €8.37, with a lower quartile of €2.92 and an upper quartile of €29.72.
Cons
- Cover is for adults only: Adults only, minors not accepted, so a policy cannot sit in a child's name.
- Pet, travel and motorcycle cover is not among the lines listed, which are auto, home and life, so those must be arranged elsewhere.
Allianz Malaysia
Pros
- Cover is broad within personal lines, auto, motorcycle and home, running from auto and motorcycle to life, health, critical illness and income protection.
- Claims can be made app, online portal and phone, so a claim can start in the app or be handled at a branch or by an agent.
- As an insurer the contract is with Allianz Malaysia Berhad (197201000819) rather than a comparison site, and support runs on phone, email and help centre.
Cons
- Support covers phone, email and help centre only, so live chat is not an option for quick questions.
- The range stops at personal lines: auto, motorcycle and home carries no business cover, so business buyers need another provider.
- Pet and gadget cover sit outside auto, motorcycle and home, while auto, home and renters and auto, home and travel both include them.
Who each suits
123Seguro
Who it suits
- Adults in Argentina arranging car, home, life, health or breakdown cover through a single broker.
- People who want a choice of route on a claim, since online claims form, WhatsApp and self service portal spans an online form, WhatsApp, a self-service portal, phone and free legal advice.
- Shoppers who want several lines in a single place, with auto, home and life on offer.
Who should look elsewhere
- Minors, because Adults only, minors not accepted rules out a policy for a child.
- Anyone set on travel or gadget cover: EuroAsia Insurance lists auto, home and travel, so that pairing is worth a look.
- Households wanting pet, motorcycle or travel in a single place: Good Sam Insurance Agency lists auto, home and renters.
Allianz Malaysia
Who it suits
- Motorcycle and car owners in Malaysia who want claims in the app, by phone or face to face at a branch, as app, online portal and phone allows
- Households combining home, landlord and home emergency cover with life and health under a single writer
- Landlords, since landlord cover is part of auto, motorcycle and home
Who should look elsewhere
- Shoppers after pet cover, since auto, motorcycle and home leaves it out while auto, home and renters lists pet
- Readers who want gadget cover, which auto, home and travel includes and auto, motorcycle and home does not
- Life and health buyers leaning towards Hiscox UK, whose home, renters and landlord runs to home, renters, landlord, auto and home emergency only
Current offers
Allianz Malaysia
Current offer
Bonus
Allianz Malaysia 25th Anniversary Campaign - Smart Home Cover Multi Year Plan: Complimentary 2-in-1 Hotpot and Barbecue Grill Cooker
First come, first serve basis, 1,000 units available; campaign period 1 July 2026 while stock lasts
Source, checked September 26, 2026
Discount code
Perlindungan Tenang Voucher Programme
Source, checked September 26, 2026
Country by country
| Country | 123Seguro | Allianz Malaysia |
|---|---|---|
| Argentina | Yes | No |
| Brazil | Yes | No |
| Chile | Yes | No |
| Colombia | Yes | No |
| Malaysia | No | Yes |
| Mexico | Yes | No |
Questions about each
123Seguro
What kind of company is 123Seguro?+
It is a broker, not the underwriter, and its provider type is broker. An insurer named on your quote is the party that carries the risk and pays the claim, so the insurer behind each quote matters as much as the broker.
What will cover cost me?+
The median listed price here is €8.37, with a lower quartile of €2.92 and an upper quartile of €29.72. In the car ranking the median sits at €8.72 and the spread runs from €3.90 to €3,431.08, so the vehicle and the driver move the price most.
Allianz Malaysia
Who underwrites Allianz Malaysia policies?+
Allianz Malaysia writes its own cover rather than passing it to another provider, which the provider type records as an insurer. The named company is Allianz Malaysia Berhad (197201000819), so the contract, the terms and any claim sit with that company instead of an intermediary.
What kinds of insurance does Allianz Malaysia sell?+
Its insurance types run to auto, motorcycle, home, landlord, travel, life, health, critical illness, income protection, breakdown and home emergency, as auto, motorcycle and home shows. That mix suits a household wanting motor and property cover alongside protection products, and it is wider than auto, home and travel.
Other options to compare
Related by the facts
123Seguro
Allianz Malaysia