Allianz to get £250m commercial business boost from LV deal
Transfer to start in third quarter.
Allianz is poised to pick up £250m of commercial gross written premium business as policies migrate from LV, Insurance Age can reveal.
Simon McGinn, general manager, commercial and personal at Allianz UK confirmed: “It is smaller premiums than Allianz’s average which is absolutely fine. It is good SME business spread across motor and property and casualty.”
He added: “A lot of it will be digitally traded which is great as I think we have a very good broker platform in QuoteSME and it will fit
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