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AC to announce its terms-of-business agreements

Allianz Cornhill is due to announce its terms-of-business agreements in October but, as yet, is unde...

Allianz Cornhill is due to announce its terms-of-business agreements in October but, as yet, is undecided whether it will include anon-solicitation clause.

Chief executive Andrew Torrance, speaking at a briefing for the insurer's half-yearly results, added that he is confident that the 'vast bulk' of AC's intermediary channel would effectively implement changes for regulation without disruption.

"We have not yet put TOBAs into the market and my understanding is that we will get signed up at the

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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