Allianz transfers 12 strong team after agreeing MGA deal
Allianz Commercial has entered into a strategic agreement with MGA Reel Media, a wholly owned subsidiary of Paragon Insurance Holdings, to create a new partnership in the global entertainment insurance market.
With effect from 1 April, Allianz Commercial’s entertainment underwriting business will be managed by Reel Media, subject to final contractual arrangements, while continuing to be supported by Allianz Global Corporate & Specialty.
Allianz said the partnership brings together “the strong technical expertise” of Reel Media with Allianz’s portfolio of film, production, events and sports insurance business, underwritten in locations outside the USA.
One partnerIt added entertainment customers and
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