Skip to main content

Home & Legacy partners with Munich Re Syndicate on high net worth insurance

Press release   •   Nov 05, 2019 10:40 GMT

Adrian Ewington, Home & Legacy's underwriting & markets director

High net worth insurance specialist, Home & Legacy, has announced that specialist underwriter at Lloyd’s of London market, Munich Re Syndicate, has joined its household underwriting panel.

Alongside existing panel members, Munich Re Syndicate will underwrite Home & Legacy’s Prestige Home and Ultra Home products.

Commenting on the partnership Home & Legacy’s underwriting & markets director, Adrian Ewington, said:

“When a new underwriter joins Home & Legacy’s panel, the relationship has to be right. We partner with prestigious insurers, which fit well with our existing panel and help us offer the best possible footprint for high net worth customers and brokers. We’re proud to announce our partnership with Munich Re Syndicate and look forward to a prosperous relationship.”

Munich Re Syndicate’s property underwriting manager, Martyn Dolan commented:

“We are delighted to be joining the Home & Legacy panel – a partnership which supports our exciting development ambitions and commitment to writing quality high net worth insurance business. The excellent service that Home & Legacy offers customers and brokers makes it an excellent partner for us to work with in the high net worth market.”

Home & Legacy’s unique high net worth insurance panel business model provides brokers with access to exclusive rates from a number of leading insurers. Quotes from Munich Re Syndicate will now appear on the Home & Legacy Online ‘quote grid view’ and brokers will notice Munich Re Syndicate on Home & Legacy renewal quotations.


ENDS

The information contained in this press release relates to Allianz Insurance plc. Allianz Insurance plc is one of the largest general insurers in the UK and part of the Allianz Group.

The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers. Furthermore our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Comments (0)

Add comment

Comment

By submitting the comment you agree that your personal data will be processed according to Mynewsdesk's Privacy Policy.