1. Allianz UK to acquire 100 percent of Legal & General Insurance Limited, the general insurance business of Legal & General Group Plc for £242 million. The transaction is subject to regulatory approvals. 2. Allianz UK to buy out the remaining 51 percent stake in LV General Insurance Group (LV GIG) for up to £578 million from Liverpool Victoria Friendly Society (LVFS).
In direct response to broker feedback, high net worth insurance specialist, Home & Legacy has made some key improvements to household e-trading on Home & Legacy Online.
Financial Results: Q1 2019 Q1 2018 Gross Written Premium (GWP) £ 493.5m £ 542.7m
Operating Profit £ 51.2m £ 39.8m
Combined Operating Ratio (COR) 94.8% 95.2%
Commercial
Allianz's Nick Hobbs discusses the BIBA 2019 theme and the ways in which good brokers are always leading.
Allianz Insurance, one of the UK’s leading general insurers, with headquarters in Guildford, is holding a career Returners Insight event on 11th June.
Open to professionals who’ve been out of the workplace for two or more years the event will showcase local opportunities within Allianz ranging from business change through to actuarial.
The objective is to provide return-to-work support and
Valid motor insurance is proving to be as valuable a disguise for today’s criminals as stockings over the head or a mask. Using a stolen identity to take out cover, their vehicle details are added to the Motor Insurance Database, allowing them to drive around without attracting police attention.
Stealing an individual’s ID and taking out motor insurance in their name used to be the preferred m
Allianz Insurance has appointed Simon Parrish to the position of SME & Corporate Partner underwriting manager.
“Today’s announcement that the Government is investing £200million to remove and replace unsafe cladding in around 170 privately owned high – rise buildings is a welcome one as it is crucial that residents, no matter of property type are safe in their homes. Allianz has supported the Association of British Insurers and Fire Protection Association views that building regulations have not been upda
Changes in local market dynamics and the need to continually evolve in a highly competitive environment are the key drivers behind Allianz’s proposal to close its offices in Woking and Luton
In reaction to the ABI press statement that driverless cars must be resilient to cyber attacks, Allianz's chief claims officer, Graham Gibson has shared his opinion on the news:
Graham Gibson, chief claims officer and chairman of Thatcham Research commented:
“Driverless cars bring many benefits, but the threat of these vehicles being vulnerable to cyber-attacks is a real concern. The prof
Allianz Insurance has named Jonathon Gray as its new motor manager in its Manchester branch.
The prestigious British Insurance Awards aims to put the spotlight on the companies that are embracing innovation and positively transforming the world of insurance.
Now in its 25th year, the shortlist for the 2019 awards has just been announced and we are delighted that Allianz features in seven categories:
Specialist Insurer of the Year
Commercial Lines Insurer of the Year
Transformatio
