Allianz Insurance has appointed Dave Gill to the role of head of operations. In this role Dave will take responsibility for leading all speciality operations for business lines including corporate partner pet, Petplan and Allianz Musical Instruments.
SMEs are a key part of the UK's economic landscape, racking up an annual turnover of £1.8 trillion in 2016 (1) and set to contribute more than £217bn to the economy by 2020 (2). But, while an element of risk-taking is essential for some of these small businesses, many are taking chances with their insurance that could prove catastrophic.
The FCA's Thematic Review into the handling of insurance
Allianz Insurance is launching a new data initiative designed to empower brokers and reduce the number of SMEs that are underinsured. This follows the FCA’s Thematic Review which revealed that 40% of SMES could be underinsured.
Allianz has launched Complete Mini Fleet, a new e-trade product which provides insurance cover for companies operating small fleets of between three and eight vehicles, or up to 15 vehicles at renewal.
Allianz has enhanced its Digital Claims proposition for commercial motor customers with a secure multimedia hosting platform, Allianz VUECloud.
Allianz UK Financial Results Q3 (YTD) 2017 Q3 (YTD) 2016 • Gross Written Premium (GWP) £1647.1m £1614.8m • Operating Profit £84.6m £121.0m • Combined Operating Ratio (COR) 98.2% 96.9%
Following a review of its technical claims structure, Allianz has appointed Mark Merrix to the position of head of casualty claims and Nick Kelsall as fraud manager.
Allianz has welcomed 28 graduates onto its graduate programme. Spread over six schemes (Actuarial, Underwriting, Finance, AMT, IT & Claims) the graduates will gain valuable skills and extensive exposure to the business.
With severe winds and heavy rain forecast for much of the UK over the next few days, Allianz has issued advice to help policyholders protect their property from storm damage.
Allianz and Lightfoot have renewed their partnership to continue the successful ‘Lightfoot Fleet Driver of the Week’ programme.
High net worth insurance specialist, Home & Legacy, is celebrating the first anniversary of its online trading platform, Home & Legacy Online.
Allianz Insurance has appointed Ibi Moghraby to the role of director, business change. In his new role Ibi will take responsibility for overseeing and delivering the business change activity across Allianz UK.
Allianz Insurance has appointed Stuart Darroch to the position of Manchester branch manager.
With fraud adding an estimated £50 to every UK policyholder's insurance bill, preventing it is a key responsibility for insurers. But while the industry has successfully clamped down on many practices, fraudsters are adept at finding new ways to play the system.
Allianz Insurance has appointed Lee Watts to the position of head of claims technical.
Allianz Legal Protection (ALP) has launched a new after the event (ATE) insurance partnership with leading Liverpool law firm EAD Solicitors. ALP will provide ATE insurance for all of EAD’s clinical negligence and personal injury case types.
Allianz UK Financial Results HY 2017 HY 2016 Gross Written Premium (GWP) £ 1104.4m £ 1098.2m Operating Profit £74.7m £86.9m Combined Operating Ratio (COR) 96.2% 96.3%
Allianz Group and Liverpool Victoria Friendly Society to launch joint venture under the LV= brand name in the UK personal insurance market
On the 27th February, the then Lord Chancellor and Justice Secretary, Elizabeth Truss announced an unexpected change that caused a major shock. With little warning, the Discount Rate used to calculate serious personal injury compensation payments was reduced from 2.5% to minus 0.75%.
Allianz UK has today launched its significantly enhanced construction proposition to brokers to achieve further profitable growth in this key insurance sector.