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UK Trends: 19% of SMEs Plan To Reduce Insurance Cover

23 March 2023 alastair walker 0

Allianz research has found that 19% of small and medium businesses have reduced their insurance cover in the past 12 months and a similar proportion plan on doing the same in the coming year, amid […]

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AGCS Becomes Allianz Commercial

13 March 2023 alastair walker 0

Allianz Group announced recently that it will serve the global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, featuring an integrated approach encompassing its Allianz Global Corporate & Specialty (AGCS) […]

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Deals: Allianz Trade Buying 50% Stake in Cosec

27 February 2023 alastair walker 0

Allianz Trade is to acquire a 50% stake in Cosec, the Portuguese leader in trade credit insurance, from Banco BPI, one of the largest Portuguese banks. Allianz Trade already owns 50% of Cosec and upon completion […]

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Financials: Allianz Global Corporate & Specialty

20 February 2023 alastair walker 0

Allianz GCS has published its latest results and GWP are up by 30%. Impressive. Here are some of the highlights from the release; Allianz Global Corporate & Specialty UK continued its trend of positive development, increasing […]

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Insurance claims

Allianz Moves Forward on Green Car Parts

7 February 2023 alastair walker 0

Latest from Allianz, who are hoping the use of recycled and reclaimed parts will speed up claims/repair times on fleet vehicles. Allianz Commercial has refreshed its fleet policies to reduce repair times: new wordings prescribe […]

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Global insurance trends

Perceived Risk Can Often Drive Insurance Coverage Demand

17 January 2023 alastair walker 0

For big insurers and brokers, it’s probably worth checking out the Allianz Risk Barometer 2023. Although perceived risk isn’t the same as true risk, it nevertheless offers insights into sentiment and that can prompt insurance […]

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Allianz Commercial Reports 11% Rise in Fraud

11 January 2023 alastair walker 0

Allianz Commercial has detected £70.7m worth of insurance fraud in 2022, up from the £63.6m in 2021. This amounts to a £7.1m or 11.2% uptick. Property and casualty (P&C) saw the greatest increase in fraud savings against the […]

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Global insurance trends

Allianz BNPL Deal Offers Corporate Credit to Multinationals

9 January 2023 alastair walker 0

Allianz Trade, the world leader in trade credit insurance, Two, the pioneering business-to-business (B2B) e-commerce payments platform, and Santander Corporate & Investment Banking (CIB), one of the Top Trade Finance banks in the banking sector, have partnered […]

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