Allianz
ESG round-up - March 2022
In our quarterly update, Insurance Age examines what the insurance world is doing to support the environmental, social and governance agenda.
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
Industry braces for "very active few weeks" following Axa vs Wolseley BI ruling
Market experts think the Axa and Corbin & King verdict could spark a chain reaction in the insurance industry, leading to a reopening of claims and renegotiated settlements.
High commission rates factor in Hiscox UK personal lines pull back
The insurer also ended agencies with brokers and revealed it will be looking to double UK business under incoming leader Jon Dye.
Brokers praise insurer response to storms claims
Storms Dudley, Eunice, and Franklin could cost UK insurers more than £400m in claims, according to Moodys.
Analysis: How do brokers feel about a four-day week?
Industry experts highlighted the benefits and challenges of a four-day week in the insurance space.
Allianz focused on growth in 2022, says Holmes
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn.
Allianz posts improved operating profit for 2021 but GWP slips
The provider reported a 3.2% decrease in GWP to £3.8bn.
Ex-Allianz boss Jon Dye joins Hiscox as UK CEO
Dye left Allianz last November and will start at Hiscox in September.
CII London Market New Generation group pushes for innovation
A report by the Chartered Insurance Institute’s New Generation London Market group has concluded if the insurance profession does not learn lessons from the pandemic and innovate it could soon no longer meet the public’s needs.
Axa UK in broker push as it commits to becoming more accessible
Distribution and trading director, Sarah Mallaby, tells Insurance Age about her move from Allianz to Axa and discusses the provider's plans going forward as she highlights the importance of re-establishing relationships with brokers.
Allianz appoints regional branch manager
The insurer revealed that Karen Boothroyd had been appointed to the newly created role as part of its commercial regions reshuffle.
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
Allianz brings EC&P operation into commercial
The division now falls into one of four commercial regions.
People Moves: 4 - 7 January 2022
Keep up to date with the latest personnel changes from the world of insurance.
Motor market more uncertain than ever, says Allianz's Ross
Gerry Ross, Allianz’s head of commercial motor, tells Insurance Age all about the state of the market this year, what technology developments brokers should be looking out for, and how 2022 is shaping up.
Blog: Why 'community' is the word of 2021
Allianz's Simon McGinn on business interruption, broker relationships and sustainability.
Covid BI claims payments reach £1.2bn
FCA data reveals providers have now made initial payments worth £308.4m and final settlements of £916.7m.
Allianz adds to D&O product offering
The insurer announced that its Complete Directors & Officers product would now give clients access to free legal services.
People Moves: 13 - 17 December 2021
Catch up with the latest personnel changes from the world of insurance.
Allianz names risk director for personal lines
José Morago, former group risk director at Aviva, will join the insurer following a series of management changes.
Allianz pledges £100,000 to help brokers reduce emissions
The Net Zero Accelerator has been designed to help brokers measure their carbon footprint.
Stephanie Smith, Allianz COO, to exit
It is the latest in a raft of management changes at the insurer following a restructure.
Blog: Counting the cost of liability claims
The pandemic combined with Brexit is inflating the cost of liability claims, says Mark Merrix of Allianz.