Allianz to help brokers with underinsurance concerns

Helping hand

Brokers are requesting additional insurer support on valuations of businesses including SMEs according to director of digital trading at Allianz UK, Helen Bryant.

Describing the year as ‘challenging’, Bryant told Insurance Age that Allianz was educating brokers on how to support clients during the cost of living crisis and ensuring that clients are not underinsured.

The insurer is also encouraging brokers to use a tool on its e-trading system when evaluating customers.

She said: “Brokers were asking us at a broker forum earlier this week whether they could receive any additional support around assisting SMEs and businesses with appropriate valuations.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.

Brokers upbeat on 2024 growth – Aviva

Brokers are more optimistic about growth in the coming year than they have been since before 2020, according to Aviva, with 83% expecting their business to grow compared to 76% last year.