Allianz sets its sights on smaller brokers

Allianz Cornhill is targeting smaller brokers whose agencies have been cancelled and portfolio trans...

Allianz Cornhill is targeting smaller brokers whose agencies have been cancelled and portfolio transfers from an anticipated drop in broker panels to boost its intermediated personal lines sector business.

While the insurer announced positive Q3 results across the board (see below) its personal lines intermediated business was predictably outperformed by its direct offering, which demonstrated 9.6% growth on the same time last year. Chief executive, Andrew Torrance said he anticipated a sustained

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