By providing the flexibility to quote, buy, adjust and renew in a few clicks, the technology will enable brokers to trade Directors & Officers insurance quickly and efficiently online.
Specifically designed to cover a wide range of businesses with a turnover of up to £200m, Complete Directors & Officers provides liability cover of up to £10m. The product also gives brokers the option to add management liability covers, including Commercial Crime, Company Entity Employment Practice Liability and Pension Trustee Liability.
Key benefits include:
- The flexibility for brokers to trade Complete Directors & Officers insurance online
- Instant quotations and immediate electronic documentation at point of sale
- Technical support from a specialist underwriting team
- Directors & Officers liability cover with a limit of indemnity on an Any One Claim basis
- Professional advice from a crisis communication consultant to help minimise reputational damage.
Dave Martin, director SME markets, Allianz Commercial, said: “We know that many brokers want to trade speciality and financial products electronically and the addition of Complete Directors & Officers to QuoteSME means we are able to satisfy this demand.
"We are confident that the quality of this product, combined with competitive pricing and support from a dedicated underwriting team, ensures that brokers have the tools they require to trade successfully in today’s competitive market.”
Complete Directors & Officers is currently available on http://www.allianzquotesme.co.uk/ and will be coming to iMarket on 27th May 2014.
Notes to Editors
1. Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide. Around 83 million private and corporate customers rely on Allianz's knowledge, global reach, capital strength and solidity to help them make the most of financial opportunities and to avoid and safeguard themselves against risks. In 2013, around 148,000 employees in over 70 countries achieved total revenue of 110.8 billion euros.
For further information contact:
Sian Glennane, Senior Communications Officer, Allianz Insurance
Tel: 01483 465 227
Mob: 07891 570995
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz SE Group, the largest property and casualty insurer worldwide.