Latest: Allianz News

Allianz appoints head of Sales and Partnerships

Allianz Retail has announced the appointment of Simon Masding as head of Sales and Partnerships within the Speciality Retail division. The newly created position will see Masding tasked with fostering the insurer’s relationships with customers, partners and professional bodies for its pet insurance brand Petplan and Allianz Musical Insurance. He brings extensive experience to Allianz [...]

February 8, 2011 | 0 Comments More

Allianz opens Newcastle office

Allianz Commercial has declared that its new office in Newcastle has opened its doors and commenced operations. The new branch is located at Hadrian House in the City centre and led by Les Archibald, who joined the firm from Primary General & Rural Insurance, where he had previously worked as underwriting director. A quartet of [...]

February 1, 2011 | 0 Comments More

Allianz appoints senior fraud analyst

Allianz Retail has announced that it has bolstered its fraud team with the appointment of James Tucker as a senior fraud analyst. Tucker will be tasked with working on a number of measures to enable Allianz remains free of front-end fraud. He joins the firm from the Economic and Specialist Crime Command in the Metropolitan [...]

January 14, 2011 | 0 Comments More

Allianz Commercial becomes Chartered Insurer

Allianz Commercial has announced that the Chartered Insurance Institute (CII) has granted it the title of Chartered Insurer, an honour granted to firms in recognition of their commitment to ethical and professional conduct. Allianz Commercial is one of the first firms in the UK to be given the title, which was awarded due to the [...]

January 10, 2011 | 0 Comments More

Allianz sees 40% surge in SME e-trading

In the last year Allianz Commercial’s SME e-trading business has grown by 40%, following the launch of online trading platform QuoteSME 12 months ago. QuoteSME now boasts in excess of 3,300 registered brokers, and has grown due to its fully-integrated approach which allows brokers to make time savings of up to 80%. Head of SME [...]

December 20, 2010 | 0 Comments More

Allianz gives QuestGates fraud contract

Leading specialist loss adjuster QuestGates has been selected by Allianz to provide it with long term Motor Fraud investigation services. Under the terms of the contract QuestGates will provide Allianz with a wide range of investigation services involving complex first and third party losses. Allianz recently undertook a comprehensive six month review of its suppliers [...]

December 13, 2010 | 0 Comments More

Allianz staff development focuses on actuaries and women

Allianz is launching an international programme to address the threat of a shortage in skilled insurance personnel. Focusing on both the promotion of women and the development of professions where new recruits are likely to be in short supply, the global workforce planning scheme involves analysing how staff numbers will develop within the group’s individual [...]

November 29, 2010 | 0 Comments More

Allianz: 2010 revenues likely to exceed €100bn

Allianz Group has reported strong results for the third quarter of 2010 and confirmed its operating profit outlook for the year. Revenues increased by 11.4% from Q3 2009, to €24.5 billion, and operating profit rose by 2.3% to €2.1 billion. Property-Casualty operating profit rose 8.8% as gross premiums written increased by 3.6%, compared with a [...]

November 10, 2010 | 0 Comments More

Allianz Commercial plans Newcastle office

Allianz Commercial is expanding its regional branch network with the opening of an office in Newcastle. The insurer is currently searching for premises in the city centre and aims to have a team in place within the next six months. Les Archibald has been appointed to manage the new operation, joining Allianz from Primary General [...]

November 5, 2010 | 0 Comments More

Allianz head speaks out on microinsurance

Allianz’s head of microinsurance has concluded that “conventional thinking won’t work if microinsurance is to succeed during the next decade”. Answering questions on microinsurance markets in India, Indonesia and Africa, Michael Anthony said the tsunami of December 2004 brought with it the realisation that the poorest people, who have no access to insurance services, are [...]

October 30, 2010 | 0 Comments More

Allianz offers BMW/MINI tyre insurance

BMW and MINI drivers can now take advantage of a new product on offer by Allianz Retail and BMW Financial Services. The firms are now providing a customised Tyre Insurance product, enabling tyres damaged by accident or malevolence to be repaired or replaced. The new product follows other exclusives available solely to BMW and MINI [...]

October 26, 2010 | 0 Comments More

Allianz potential bidder for Channel Tunnel Rail Link

Allianz is reported to be working on a £2 billion bid for the Channel Tunnel Rail Link. The link, which opened in 2003, was the first major new railway to be constructed in the UK for over a century, and the first high-speed railway. It stretches for 109km, from St. Pancras to the Channel Tunnel [...]

October 18, 2010 | 0 Comments More

Allianz announces Open GI launch

Allianz Retail’s Clear Private Car product has launched with Open GI during the latest phase in its roll out. The launch comes as Allianz celebrates passing the £2m gross written premium milestone, and is available to Open GI brokers on a full-cycle EDI basis. Clear Private Car offers all the expected coverage of a motor [...]

October 15, 2010 | 0 Comments More

Allianz appoints motor claims operations manager

Allianz has announced the appointment of Alan Collins as operations manager, motor claims. Mr Collins joins from EMR Services, where he held the post of claims service manager over a three year period. In the new role, he will oversee the operational effectiveness of Allianz’s motor claims team, ensuring claims are dealt with professionally and [...]

September 15, 2010 | 0 Comments More

Allianz hires household claims operations manager

Allianz has announced the appointment of Gary Coton to the position of household claims operations manager. Coton brings to the post 17 years of experience, and most recently worked for AIG where he was tasked with enhancing the efficiency of operations pertaining to the Premium Booking and Accounts Receivable process. In his new role he [...]

September 2, 2010 | 0 Comments More

Allianz Commercial appoints SME underwriting manager

Allianz Commercial has named Russell Corbould-Warren as the division’s new SME underwriting manager. Corbould-Warren has been a member of Allianz Commercial’s management team for the last 4 years, and leaves behind his role as business systems manager. He replaces the former SME underwriting manager, Catherine Dixon, who has been promoted to property and risk control [...]

August 19, 2010 | 0 Comments More

Allianz reports interim results

Allianz Insurance has reported its results for the first half of 2010, including a 4.4% rise in gross written premiums compared to the same period last year, rising from £825m to £861.2m. Allianz’s combined ratio improved from 94.9% to 95.3% during the same period. However, the firm’s IFRS pre-tax operating profit fell by nearly £10m, [...]

August 16, 2010 | 0 Comments More

Allianz Engineering partners Willis in “Brewcheck” offering

Allianz Engineering has partnered with Willis to offer commercial property owners in the brewery sector a new health and safety risk assistance scheme. “Brewcheck”, which forms part of the “Willis Brew” offering, is intended as a one-stop-shop solution for breweries and their associated pubs. Under the scheme, Allianz Engineering will deliver a range of inspection [...]

August 16, 2010 | 0 Comments More

Allianz Commercial launches aviation products liability policy

Allianz Commercial has teamed up with sister company, Allianz Global Corporate & Specialty (AGCS), to provide aviation products liability insurance for commercial customers. The insurance covers manufacturers or maintenance organisations against liability arising out of products sold, serviced or supplied, and Allianz makes the point that this type of policy is normally only available from [...]

August 14, 2010 | 0 Comments More

Allianz revamps Commercial Select offering

Allianz Commercial has revamped its Commercial Select product, which is designed to offer a wide range of covers across a variety of risks. According to the insurer, the scope of the product has been enhanced to give clients wider protection and greater peace of mind, with amendments being made to the following policy sections: Property [...]

July 9, 2010 | 0 Comments More