Press release -
Allianz ‘All together’ at BIBA
- Allianz Commercial, LV= Broker, Allianz Partners and Allianz Trade will be ‘All together’ at BIBA
- TV presenter Steph McGovern will record Allianz’s Insurance Tomorrow podcast live
- Allianz’s Helen Bryant will discuss broking challenges at a BIBA panel
Allianz will showcase the strength and breadth of its UK presence, bringing its brands ‘All together’ when it exhibits at the British Insurance Brokers’ Association (BIBA) conference on 10-11 May.
Brokers will be able to meet experts from Allianz Commercial but also LV= Broker (part of Allianz Personal), Allianz Partners, which offers B2B2C insurance and assistance, and Allianz Trade, which provides trade credit insurance.
The UK’s largest insurance broking conference is the ideal opportunity for Allianz to present as ‘One face to market’.
Allianz recently unveiled ambitions to operate its mid-corporate and large-corporate insurance businesses under one market approach. Introducing a unified trading name, Allianz Commercial, the new strategy will give brokers access to Allianz’s global expertise via local trading and distribution capabilities. The integrated approach encompasses Allianz Global Corporate & Specialty (AGCS) which serves large corporate clients and the commercial business lines of Allianz Insurance. The teams will work closely together on trading, underwriting, and customer delivery. The Allianz Commercial business in the UK will be led by Nadia Côté as commercial managing director, who will be reporting to both AGCS CEO Joachim Mueller and Allianz Holdings UK CEO Colm Holmes.
Located at E20, the Allianz stand will be sustainable like last year, being built with recycled and recyclable materials. It will welcome brokers for face-to-face meetings and informal catch-ups, which the teams are very much looking forward to.
On Wednesday 10 May, Steph McGovern, award-winning broadcaster and financial journalist, will host a live recording of Allianz’s Insurance Tomorrow podcast. In this fringe session, an expert panel will discuss what ‘Rising to the challenge’ means to the insurance industry. The following day, on the seminar stage, Helen Bryant, director of digital tradingat Allianz, will be taking part in a BIBA panel on ‘Broking challenges in difficult economic times’.
Allianz Holdings CEO Colm Holmes comments: “These are challenging times indeed for brokers and we’re confident that our integrated approach will bring them simplicity, clarity and consistency. It will help deliver the full value of Allianz’s scale for them and for our mutual customers. BIBA is a great opportunity to talk about this with our broker partners.”
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About Allianz Holdings plc
Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain including Allianz Insurance
About Allianz
The Allianz Group is one of the world's leading insurers and asset managers with 126 million* private and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 716 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage nearly 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2022, over 140,000 employees achieved total revenues of 152.7 billion euros and an operating profit of 14.2 billion euros for the group.
These assessments are, as always, subject to the disclaimer provided below.
*Including non-consolidated entities with Allianz customers.
** As of June 30, 2022
Cautionary note regarding forward-looking statements
This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.
No duty to update
The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.
