ALLIANZ LAUNCHES METALWORKING & PRECISION ENGINEERING PROPOSITION

Allianz Commercial has enhanced its General Manufacturing proposition with the launch of a suite of covers for the metalworking and precision engineering sector.

This is the third mid-corporate offering from Allianz this year, having already launched a Wholesale and Retail proposition in April, followed by a new General Manufacturing proposition in September.

In addition to complementary cover extensions, Allianz’s Metalworking and Precision Engineering clients will also benefit from risk management guidance and bespoke services.

Further benefits of the Metalworking and Precision Engineering proposition include:

• breakdown and accidental damage cover for all plant, machinery and computers (excluding production and processing equipment)
• further cover extensions to address the needs of this sub-sector, such as molten material breakout, non-ferrous metals, business interruption and goods in transit
• sector-specific risk management guidance – market-leading risk management advice and access to Allianz’s 'Ask the Expert' online service.

As with Allianz’s other mid-corporate offerings, the Metalworking and Precision Engineering proposition is available from its 14 regional branch locations and is aimed at businesses with a premium between £10,000 and £100,000. 

The proposition is supported by a team of accessible, in-house experts available via Allianz’s ‘Ask the Expert’ functionality on Risk Director.

Neil Clutterbuck, director underwriting and technical, Allianz Commercial, commented:  “We are committed to delivering tailored products and services that meet the needs of our brokers and customers. By enhancing our General Manufacturing proposition with the new suite of sector-specific cover extensions, we’re confident that we will fulfil the needs of our metalworking and precision engineering policyholders.

“Both our Wholesale and Retail, and General Manufacturing propositions have been greatly received by our brokers.  In 2015 we will build upon this success by broadening our suite of mid-corporate offerings.” 

ENDS