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Allianz Commercial to open in Lloyd’s in 2027

Lloyds

Allianz Commercial has received in-principle approval from Lloyd’s and is set to launch in the marketplace next year.

The insurer is setting up Allianz Commercial 1893, as a new direct underwriting syndicate with trading expected to start on 1 January.

RelatedAllianz and LV deal approved 

Announcement made on 29 December 2017.

According to Allianz Commercial, the new syndicate will give its greater access to specialty, facilities and selected managing general agent business at Lloyd’s.

Thomas Lillelund, CEO of Allianz Commercial, said: “The new syndicate will establish a long-term direct underwriting presence for

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