Insurance Age

Allianz chief calls for collaboration against fraud

Allianz Cornhill chief executive officer Andrew Torrance has called for greater industry collaborati...

Allianz Cornhill chief executive officer Andrew Torrance has called for greater industry collaboration in the collective fight against menaces such as fraud and uninsured driving.

His comments followed another profitable year for the insurer, which he said indicated that the concentrated number of market-share-controlling large players had better control over the market cycle.

"Our results are representative of a firm in a concentrated market, which is managing the cycle more effectively and

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