Allianz
People Moves: 26 February – 1 March 2024
Stay in the loop with the latest insurance personnel moves.
Rating factors ‘fundamentally discriminatory’, according to Stella’s Sam White
Experts at the Association of British Insurers’ annual conference have urged that everyone working together is what will improve the poverty gap.
Holmes promises to ramp up focus on smaller brokers and across mid-market
Allianz has been growing in SME business and will push ahead further with smaller brokers this year alongside targeting growth in mid-market, according to UK CEO Colm Holmes.
Allianz Holdings tops £4bn for first time with profits surging in 2023
Allianz Holdings grew gross written premiums by 7.4% in 2023 as operating profits jumped 65% reversing the fall in 2022.
Brokers told to act now over BT Redcare closure
Brokers should alert clients about the closure of BT’s Redcare signalling system next year, and need to find an alternative supplier as soon as possible to avoid “installation bottlenecks”, insurers have warned.
Simon McGinn builds Dual team with Allianz’s Catherine Dixon as CUO
Dual UK has appointed Catherine Dixon as chief underwriting officer and Rob Corner to the new role of chief distribution officer, reporting to CEO Simon McGinn.
Allianz creates financial lines claims team in D&O and PI push with brokers
Allianz has created an in-house financial lines claims team covering mid-corp and SME firms, focusing on directors & officers and professional indemnity business.
Allianz Commercial sees double-digit jump in fraud detection again
Allianz Commercial detected £77.4m worth of claims fraud in 2023 – up from £70.7m in 2022 – with application fraud savings of £1.95m.
Gracechurch awards regional claims Service Quality Marque to insurer trio
Independent insurance research consultancy Gracechurch has awarded its Service Quality Marque to Allianz, Chubb and Ecclesiastical for UK regional claims.
Allianz drops LV brand in broker channel
Allianz will rebrand LV Broker in May, the insurer has confirmed.
Allianz has all the ingredients to be the go-to on mid-market for brokers, says Carey
Dave Carey, managing director for mid-market at Allianz Commercial, is upbeat on the prospects for the insurer working in partnership with brokers as he reveals the characteristics-based underwriting approach for 2024.
People Moves: 11 – 15 December 2023
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Allianz targets doubling brokers in Accelerator Programme to 250 next year
Mike Thomas, director of distribution for digital and mid-market at Allianz Commercial, has set his sights on reaching 250 brokers in its Accelerator Programme next year.
People Moves: 20 – 24 November
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The stats: Q3 hit by rocketing property owners and fleet rates
The latest figures from Acturis show that commercial insurance premiums continue to rise, resulting in an increasingly challenging environment for brokers and their clients, reports Rachel Gordon.
Allianz fleet head: hard market not going away soon
Property owners’ cover is the largest mover in this quarter’s Acturis Commercial Broking Index, which shows rates are up by 11.3% over the previous 2022 quarter.
Ex-broker among 10 arrested in police crackdown on commercial insurance fraud
Ten people have been arrested across the country, and 18 vehicles seized during a two-week police operation to tackle commercial insurance fraud.
Coalition targets Northern brokers with senior Allianz hire
Cyber insurance specialist Coalition has appointed Gareth Machin as its first Manchester-based underwriter in the UK.
People Moves: 23 - 27 October 2023
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Allianz rolls out new A&H product and fleet features on QuoteSME
Allianz Commercial has today launched an accident and health product on its e-trading platform QuoteSME, and announced additional features for its complete mini fleet offering.
Market Moves: October 2023
All the latest key personnel moves across the insurance market.
Broker Expo 2023: Data “armistice” to lead to greater info sharing and better decisions
Sharing data across the industry will help insurers and brokers make more informed decisions for their customers, according to panellists at Broker Expo yesterday.
Top 100 UK Brokers 2023: Directory – £5m – £6m
BMS – JCB Insurance Services – McClarrons – Oxford Insurance Brokers (belonging to USI Holdings during 2022) – Premierline Direct (Allianz Business Services) – Principal Insurance – Radius Insurance Solutions (Radius Payment Solutions) – Wesleyan…
Aviva shares ease back after takeover rumour driven surge
Aviva shares raced ahead by 10% earlier today, as rumours of a takeover swirled, but have since eased off to being 7% up as analysts dampened expectations of a deal.