"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

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: