Topics: Insurance, Insurance issues

  • ALLIANZ WINS REGULATORY APPROVAL OF SOLVENCY II INTERNAL MODEL

    As part of the Allianz SE group, Allianz Insurance has received regulatory approval to implement an internal model to calculate capital requirements under Solvency II. This will allow Allianz to use the model for calculation of Solvency II capital requirements in major European markets, including in the UK, from the start of 2016.

  • ALLIANZ SEEKS TO GROW ITS EXCESS CASUALTY BUSINESS WITH NEW PRODUCT OFFERING

    Allianz Commercial has refreshed its Excess of Loss product, as part of a move to significantly grow its portfolio across casualty lines. The new offering will allow brokers to buy higher limits of indemnity than their current liability insurer may be willing to provide, allowing them to top-up the total level of cover.

  • ALLIANZ COMMERCIAL WELCOMES WOKING DISTRIBUTION MANAGER

    Allianz Commercial has announced the appointment of Ross McCallum as distribution manager at its Woking office. In his new position Ross will manage the sales and development team and ensure that the local strategy delivers a first class insurance solution to its partners and delivers mutual growth.

  • ALLIANZ PROFITABLE GROWTH STORY CONTINUES

    I am pleased to report that Allianz has maintained its long- term delivery of profitable growth despite intensive competition in key markets. Premium growth at 2.7% coupled with a Combined Operating Ratio of 97.9%, is a steady level of performance.

  • ALLIANZ CLAIMS CONFIRMS MANAGEMENT APPOINTMENT

    Allianz Claims is pleased to announce the appointment of Lee Watts, who joins the company from QBE as head of casualty claims. In his new role Lee will be responsible for leading the development and implementation of technical claims strategy and best practice across all casualty and disease claims.

  • ALLIANZ ACTS EARLY ON REFORMS

    Allianz Commercial is pleased to announce that it has already successfully implemented the changes set out by the Insurance Act 2015. Allianz Commercial has remained true to its promise and has reviewed and changed all policy documentation for its mid-corporate propositions well in advance of the August 2016 deadline.

  • GRADUATE PROSPECTS CONTINUE TO RISE

    It’s good news for graduates this year, as the majority (72%) are managing to secure a job in their preferred profession, according to the Allianz Insurance Graduate Employment Index.

  • Home and Legacy combat cyber risks

    Statistics released recently by the Office for National Statistics show that cybercrime, including bank and building society fraud, is on the rise. Identity theft is part of this trend and can have major consequences on an individual’s personal life and finances. It is a risk that Home and Legacy are aware of and take very seriously.

  • ALLIANZ CELEBRATE CONTINUING CII SUCCESS

    Allianz employees have once again performed strongly in this year’s Chartered Insurance Institute examinations. The overall pass rate achieved by employees for all subjects taken was 84% with 37 Allianz employees achieving distinctions and 20 becoming new Advanced Diploma holders.

  • ALLIANZ WELCOMES NEW GRADUATES

    Allianz has welcomed 33 graduates onto its graduate programme. Spread over six schemes the graduates will rotate through the company enabling them to gain valuable skills and extensive exposure to the business.

  • COURIER COMPANY OWNER WHO FORGED MOTOR FLEET INSURANCE POLICIES TO WIN BUSINESS SENTENCED

    Allianz discovered that the owner of two West Midlands-based courier companies who forged multiple motor fleet and freight liability insurance policies to win business worth over £700,000.00 was sentenced at Birmingham Crown Court on Friday 9 October to 16 months suspended for two years; ordered to do 150 hours community service and has been suspended from being a company director for five years.

  • ALLIANZ CLAIMS WELCOMES NEW MANAGEMENT

    Allianz Claims has enhanced its division by creating a new role that will more strongly position and align its claims strategy and customer promise.

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