Business Performance - Key Points • Strong Combined Operating Ratio (COR) • 43% Profit Growth Over The Previous Year • Stable Gross Written Premium (GWP) • A New Business Structure Will Drive Long Term Success
In the latest blog from our ParalympicsGB Allianz ambassadors, we hear from defending Paralympic champion in the wheelchair racing, Hannah Cockroft on how she’s always been determined to prove her doubters wrong, going back to her childhood.
Following the announcement that Allianz will operate a single trading operation combining Commercial and Personal lines, the company has released the new division’s senior management structure responsible for leading the business strategy in its chosen markets.
In the first quarter, Allianz Insurance won over 400 litigated claims involving casualty, motor and fraudulent claims with the total saving reaching £2.5m. Fraud trial wins alone have achieved the company savings of approximately £250,000.
Allianz has announced that Keith Culling, regional manager for London, will retire from the business on 8 July 2016 after nine years. He will be replaced by Helen Bryant, who has been promoted to the position of regional manager for London, Central & East, effective from 1 July.
Allianz Commercial recently held a graduation event at the Andaz hotel in London, to celebrate the achievements of 13 scholars who successfully graduated from the Allianz Partner Academy Scholarship Programme.
Following a strategic review, Allianz UK is changing its structure and creating a new single trading division combining Commercial and Personal lines business.
Home & Legacy has launched a refreshed version of its household product suite to further reflect the lifestyles of its client base. One key aspect of the refresh is the addition of Market Appreciation cover which is now included in all household policies . The cover applies to fine art, antiques and collectibles and ensures that customers are protected from fluctuating values.
Allianz Commercial has announced that it has increased its capacity for Excess of Loss cover, which will now allow brokers to purchase excess liability cover up to £50m per individual class of business.
Allianz Commercial has today announced the appointment of Mike Thomas to the role of regional manager, south east region, with effect from 4 April 2016.
Easter set to be DIY weekend of the year but the mishaps and delays means the Professionals will still be busy. And your relationship might need fixing too!
Allianz has launched a refreshed Computer proposition to the broker market, which has been updated with new covers and services to reflect the emerging risks faced by UK businesses, such as data corruption and cyber-attacks.
Allianz Legal Protection (ALP) has refreshed its Equity ATE Insurance product as part of its continuing support for law firms and their clients in a rapidly evolving market.
Allianz Commercial has launched an updated range of products on its e-trading platform, QuoteSME, to meet the growing needs of small and medium UK businesses. In a move to broaden its underwriting appetite, Allianz has increased many of its product limits across its Complete SME range by up to a third, benefitting those SME clients with higher turnovers.
Business Performance - Key Points: • December Storms To Cost £93m • Strong Customer Performance During The Floods • Significant Large Commercial Losses In The Final Quarter • Impact of Private Motor Being Addressed • Best Ever NPS Customer Feedback Scores • Gross Written Premium Up 2.6%
Finding of fundamental dishonesty against the claimant A judge has ruled that a dismissed noise induced hearing loss claim was ‘fundamentally dishonest’ following a court appeal by Allianz insurance. An industry first for disease claims, the judge also granted Allianz permission to recover its legal costs against the claimant.
Allianz Insurance has relaunched its personal lines policy wording for its Clear private car product. The refreshed design aims to make the policy easier for customers to read and understand.
Allianz Commercial is pleased to announce the promotion of Jon Santer to motor trade manager. Jon, who is ACII qualified, joined the company’s Corporate Management Trainee Scheme in 2010 where he gained experience in a variety of divisions across Allianz UK and ACIS India.
More than one in four women can expect to receive jewellery as a gift on Valentine’s Day and for some that could be an expensive engagement ring. Allianz Insurance has found that the average cost of an engagement ring is £573.00 but one in five women can expect to receive a ring costing between £750 to over £3,000.
A personal injury claim has been struck out by a court, following an investigation by Allianz and BLM, which found that false witness evidence had been disclosed by a claimant solicitors.