Allianz News – Page 4
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Burge to join Hiscox after 24 years at Allianz
A recruitment process for his successor is currently underway
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 23 to 27 September 2024
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Allianz announces two senior personal lines broking appointments
’I’m delighted to promote and strengthen the existing talent we have in our team,’ says managing director
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Allianz planning to replace some LV= General Insurance jobs in India
Roles being eyed up for the move include those that have been affected by natural attrition
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Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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Allianz pays out £51m for crashes during 3pm afternoon rush
’Our data has highlighted interesting patterns in the frequency and severity of claims,’ says claims director
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Fraud in H1 2024 being driven by casualty and ‘large increase’ in commercial claims – Allianz
’There’s a dire need for us to keep raising awareness, because brokers are almost crying out for support [from insurers],’ says head of counter fraud
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Allianz grows personal lines arm with new appointment
’We see a big opportunity to grow our presence in the home insurance market,’ says managing director
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Vet nurse in the doghouse after £13,334 pet scam
’Allianz is committed to protecting our customers and business against the harms of fraud,’ says director of financial crime
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Allianz makes senior appointment after Carey departure
’He is well known to our broker partners across the mid-market segment,’ says insurer
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Allianz UK ‘widening distribution footprint’ for smaller brokers
’We are making a lot of investment in the front end of our business,’ says chief executive
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Catch up on insurers’ 2024 half-year financial results
UKGI insurers are releasing their trading updates with details on their half-year financial results for 2024. Here’s Insurance Times’ roundup of all the stories you need to keep abreast of the latest figures…
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Allianz UK reports discounted COR of 94.6% for 2024’s H1
Amid year-on-year operating profit growth of 55%, chief executive promises ‘much more is yet to come’ from the insurer
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Allianz SE expands share buy-back volume to €1.5bn for 2024
So far in 2024, the insurer has bought 3,791,467 shares through share buy-back schemes
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English stadium to be renamed as Allianz secures major deal
’With each of the eight stadia we now support around the world, we seek to create the best experience for fans, players and local communities,’ says chief executive
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The biggest insurance industry deals from this week
Insurance Times rounds up the biggest mergers, acquisitions, sales and capacity deals from 29 July to 2 August 2024
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Howden to acquire Allianz book as capacity deal announced
’Our two businesses represent £7.3m GWP and will service 68,000 customers,’ says divisional director
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Allianz updates wordings and limits of motor trade products
’These changes demonstrate our commitment to providing tailored and relevant protection,’ says head
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Allianz launches new motor proposition for personal lines market
’We’ve developed this with our customers in mind,’ says managing director
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Windscreen claims rise by 17%
’We’re seeing more and more claims for windscreen chips and replacements,’ says claims director