Aqueous secures capacity with pair as Allianz pulls back
Aqueous Underwriting has confirmed Allianz pulling back capacity on SME package, as it revealed a three-year deal with A+ rated insurers Allied World and Sompo.
Only last year Aqueous signed a three-year capacity deal with the insurer to push on SME business.
Aqueous claimed Allianz’s pull back followed a “mutual agreement reflecting differing strategic objectives”.
The managing general agent continues to partner with Allianz on other product lines.
Aqueous will transition from Allianz to the new capacity providers over the remainder of 2024.
ImmediateWith immediate effect, the syndicated binder agreement with Allied World and Sompo is active for all SME
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Axa adds to real estate and landlord offerings
Axa Insurance UK has added equipment breakdown to its commercial real estate proposition, giving customers the option to cover plant and machinery as part of their buildings insurance.
Top 100 broker posts growth but rising costs trim bottom line
Aberystwyth-headquartered agricultural specialist broker FUW Insurance Services grew turnover by 6.8% to £6.44m in the year ended 31 March 2026.
Broker Expo 2026 countdown: Advice in the age of AI – why expertise matters more than ever
As technology changes how clients research and purchase insurance, the value of professional advice has never been more important. Saxon East investigates this topic ahead of a panel session at Broker Expo 2026.
MGA consolidator creates UK group structure
Bishop Street Underwriters, owner of Landmark Underwriting and Avid Insurance, has created a new UK group structure to bring its portfolio of UK specialty insurance businesses under a single management framework.
SRG launches new wholesale brand as Miles Smith, TUE and other names exit
As Specialist Risk Group rolls together four brands under a new name, Insurance Age quizzes Kevin Coomber and Earl Adams, managing directors of SRG Global Risk Solutions, about the move.
Aviva updates financial lines products to make them ‘more relevant’
Aviva has refreshed its management liability proposition, claiming it has introduced broader protection, greater flexibility and clearer policy wording to help businesses respond to changing risks and challenges.
AI a growing competitive threat to UK commercial brokers, survey reveals
UK commercial brokers are increasingly recognising artificial intelligence as a competitive threat, according to a new survey.
People Moves: 14-18 September 2026
Follow the latest personnel moves in insurance.