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Biba 2025: Commercial market is ‘changing more rapidly’ than ever before – Allianz’s Nick Hobbs

By 2025-05-20T10:00:00

Nick Hobbs

’The market is changing more rapidly than I’ve ever seen in my career. It’s moving in a different direction at a rate of knots,’ says chief distribution officer

As the commercial market is now changing “more rapidly” than in prior years, brokers that fail to adapt risk being left behind.

That was according to Nick Hobbs, chief distribution officer at Allianz Commercial, who warned that the commercial market was undergoing the fastest change he had seen in his career, posing a major concern for many of the insurer’s broker partners.

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