Skip to main content

Facing challenges head on

Andrew Torrance talks to Michelle Worvell about his reign at Allianz Cornhill, which has seen company profits rise significantly, and about the unfair criticism brokers have received

Since taking over the rudder of Allianz Cornhill Andrew Torrance has proven himself a very competent helmsman. After posting an increase in profits of 24.6% in 2004 he has shown that he has the vision and the ability to drive the company forward.

Mr Torrance himself is keen to stress that the broking community contributes a large part to the success of its bottom line, despite all the challenges they have faced over the last 12 months. He also disagrees with recent comments by some that brokers

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

FCA warns on fake letters

The Financial Conduct Authority has warned of fake letters claiming to be from deputy CEO Sarah Pritchard and referencing a fake FCA employee.

FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: