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Insurer moves to qualm fears over Cobra deal

Allianz Cornhill and Cobra unite to reject market rumours of a split in their partnership

Allianz Cornhill has denied that it has pulled out of its insurer partnership deal with Cobra, the commercial broking alliance.

Rumours have been circulating in the market over the last month to the effect that the insurer - which was one of the four launch insurers when Cobra started in June 2003 - had decided to terminate its agreement with the network.

Lloyd Hanks, broker development manager, sales & distribution, Allianz Cornhill Commercial, responded to the reports by stating: "We

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MBP takes minority stake in £32m GWP broker

Insurance investment vehicle Minority Broker Partnerships has acquired a minority stake in Caleb Roberts Insurance Services, an independent agricultural and rural insurance broker operating across Mid Wales, Herefordshire and Shropshire.

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