Press release -
ALLIANZ LAUNCHES INNOVATIVE SME BUSINESS MODEL
Allianz Commercial has today launched its full-cycle business model based on a new QuoteSME platform. It provides full integration between quote platforms and telephony capability, and allows brokers to trade completely online.
Developed using the latest technology, QuoteSME will provide a wide underwriting footprint, instant online quotations and immediate delivery of electronic documentation, all backed by the expertise of a specialist SME underwriting team.
Key benefits of the new platform include:
- The ability to complete new business, mid-term adjustments and renewals online
- Instant electronic documentation delivery at point of sale
- A customer centric website with easy navigation and detailed product information
- Dedicated support from qualified underwriters
- The ability to amend quotes without the need to re-key data
- Support for deal and scheme arrangements
- White-labeling capability and bespoke branding functionality catering for the Affinity market
- Net rate file allowing brokers to flex commission earnings
Allianz Commercial’s ‘Complete’ SME product range will be available on QuoteSME from today and there are also plans to launch a string of products later in the year.
David Martin, director of SME markets, Allianz Commercial, said: "Our fully-integrated SME business model now provides multiple routes to distribution, offering brokers the flexibility required to trade successfully in a competitive market."
He adds: "I have no doubt that QuoteSME’s full-cycle capabilities, rapid quote response and instant documentation delivery, combined with the breadth of footprint provided by Allianz Group delivers substantial differentiation for our broker partners."
ENDS
Topics
Regions
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, one of the leading integrated financial services providers worldwide and the largest property and casualty insurer in the world. With approximately 142,000 employees worldwide, the Allianz Group serves approximately 78 million customers in more than 70 countries.
The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth.
Allianz Commercial is one of the largest providers of commercial insurance in the UK with a full range of products for sole traders’ right up to large commercial organisations. The business is distributed principally through intermediaries.
