Allianz writes 23% more policies
SME director David Martin says the provider received 40% more inquiries as well in February.
Allianz UK director of SME markets David Martin has told Insurance Age that it has written 23% more policies in February.
The increase follows the removal of the 'average clause' for Allianz SME customers.
Allianz announced last month that SME customers who find themselves underinsured will have claims met to the full sum insured and not reduced by the traditional market solution of average.
Martin also highlighted that the change in its stance towards ‘average' had also led to 40% more
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