Allianz Cornhill Commercial has secured a new account with Higos.

The contract will see Allianz Cornhill supply commercial package solutions for the broker's small–to-medium enterprise (SME) book.

The insurer is looking at generating £5m in gross written premium over the first year of operation via the account.

Graeme Durlacher, small business key account manager, said: “I am delighted that we have been able to both identify and secure this account with Higos. This is a great achievement for all at Allianz Cornhill Commercial and demonstrates the strength of our SME proposition. The opportunity to work so closely with a firm as successful as Higos, one of our key strategic partners, is very exciting.”

Ian Gosden, managing director, Higos Insurance Services, commented: “We are extremely pleased to be continuing our successful relationship with Allianz Cornhill which acknowledges Higos as a leading broker in the industry. This development will assist our growth strategy and ensures we are able to provide our clients with the best possible service.”

Allianz Cornhill and Higos have been working together successfully over the past 16 months in providing property owners' insurance.