Allianz Commercial outlines PI intentions in bid for future growth

Allianz Commercial has confirmed plans to expand into the professional indemnity (PI) sector, with the possibility of setting up its own PI team.

The insurer said this would be a strategic move to enter a market that looks set for stronger ratings and growth in the future.

Paul Maidment, South and London trading director at Allianz Commercial, said: "This is an early part of the process, and we have various options for creating a PI presence. We could work with our global sister and parent com