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Much of the Ogden discount rate commentary has focused on the impact on motor insurance claims but the reduction has equally serious implications for other lines of liability business. There is little doubt that payments relating to significant injury claims will rise, and that rates may need to rise in order to fund this increased exposure.
Allianz Insurance has appointed Bob Dawson to the position of claims major loss manager.
High net worth insurance specialist, Home & Legacy, has announced Andrew Reid ACII has been appointed to the role, head of claims.
Allianz Insurance has enhanced its Claims proposition by launching a video streaming platform, Allianz Site View, which enables customers to send images, video clips or conduct live video interactions with the insurer in support of their property claim.
Through its new partnership with international commercial law firm DWF LLP, Allianz is now able to offer its Commercial customers a broader spectrum of specialist free legal advice, as well as a host of free and discounted legal services.
Allianz has refreshed its Directors and Officers proposition to offer broader coverage for businesses.
Allianz Insurance has made three senior management appointments to its SME and Corporate Partnership team.