ALLIANZ INSURANCE PRESS STATEMENT – RSA RULING
5 October 2012
Yesterday Mr Justice Cooke said that the practice of producing invoices to prove claims for cost of repair has worked perfectly well until you get the "sort of contrivances we have been looking at here". This comment is far from a ringing endorsement, despite his judgment on the legal principles, and insurers should reflect on tha
High net worth insurance specialist and Allianz Engineering fill a significant gap in the market.
Allianz employees have once again performed excellently in this year’s Chartered Insurance Institute examinations.
Allianz Your Cover Insurance is very pleased to announce the appointment of Jon Lott as head of direct following the departure of Andy James.
Allianz has appointed Jeremy Trott to head of operations within the claims division. In his new role Jeremy will be responsible for running the claims operations for Allianz Insurance, which consists of five claims handling centres and a central operations function.
Chris Hanks, General Manager, Allianz Commercial, has announced his intention to retire from Allianz Insurance in 2013 after 45 years in the business.
Allianz Insurance has promoted Robin Stagg to innovation manager.
Financial Highlights For First Half 2012:
Gross Written Premiums up 5.6%
Strong operating profit of £75.3m
Combined Ratio an excellent 96.8%
Retail GWP up 11.9% with an excellent 94.8% COR
Group Results: HY 2012 HY 2011
Gross Written Premium £ 965.1m £ 914.0m
IFRS Oper
Allianz Insurance has welcomed 24 university students who have enrolled on the company’s summer internship scheme.
Allianz adds the Allianz Park to its Family of Stadiums following a partnership with Saracens Rugby Club
Allianz Retail’s Clear Household product is now available through Adrian Flux brokerage, forming the final phase of the Clear product launch and following the successful launch of Clear Private Car in October last year and Clear Commercial Vehicle in March of this year.
Allianz Insurance has renewed its contract for surveying and validation services with Building Claims Services for another two years.
