"Business as usual" for Allianz, LV and L&G following deals

Jon Dye, CEO, Allianz Insurance

Allianz UK chief executive officer Jon Dye has stated it is “business as usual” following the insurer’s purchase of L&G’s general insurance division for £242m.

The provider is set to integrate L&G GI into LV. At the end of May, Allianz also announced that it will buy the remaining 30.1% stake in LV GI for £365m by the end of the year.

Dye pledged that brokers will continue to be the biggest distribution channel for Allianz, LV and L&G once the transactions have completed.

“Brokers are as

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