Insurer’s third mid-coporate sector-specific proposition


Allianz has launched a new proposition for the metalworking and precision engineering sector.

It is the third mid-corporate sector-specific launch by Allianz this year, following its wholesale and retail proposition in April and general manufacturing in September.

The metalworking and precision engineering proposition includes breakdown and accidental damage cover for all plant, machinery and computers excluding production and processing equipment, extensions for the needs of the engineering sub-sector such as molten material breakout, non-ferrous metals, business interruption and goods in transit and risk management guidance.

It is available from Alllianz’s 14 regional branches and is aimed at businesses with premiums between £10,000 and £100,000.

Allianz Commercial director of underwriting and technical Neil Clutterbuck said: “We are committed to delivering tailored products and services that meet the needs of our brokers and customers.

“By enhancing our general manufacturing proposition with the new suite of sector-specific cover extensions, we’re confident that we will fulfil the needs of our metalworking and precision engineering policyholders.

“Both our wholesale and retail and general manufacturing propositions have been well received by our brokers. In 2015 we will build upon this success by broadening our suite of mid-corporate offerings.”