Evolution agrees five year capacity deal with Allianz

Paul Upton

Evolution Underwriting has announced the extension of its capacity arrangements with Allianz for a further five years covering property, casualty, excess of loss and motor lines.

The news follows the recent announcement that Allianz had signed a deal to provide 70% of Towergate Commercial Underwriting's capacity.

Paul Upton, chief executive of Evolution, said: "We are delighted to continue our long and productive relationship with Allianz.

"We value continuity of relationship with our insurers very highly and to be able to bring the security that Allianz offers to independent regional brokers enhances our proposition in the long term.

"I am pleased that Allianz will get

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